Swedbank AB Has $4.15 Million Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Swedbank AB decreased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 2.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 9,639 shares of the restaurant operator’s stock after selling 202 shares during the period. Swedbank AB’s holdings in Domino’s Pizza were worth $4,146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division bought a new position in shares of Domino’s Pizza in the third quarter valued at about $30,000. Blue Trust Inc. raised its holdings in Domino’s Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 39 shares during the period. Versant Capital Management Inc lifted its position in Domino’s Pizza by 654.5% during the second quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after acquiring an additional 72 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Domino’s Pizza during the third quarter worth approximately $43,000. Finally, Crewe Advisors LLC increased its stake in shares of Domino’s Pizza by 46.6% during the second quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator’s stock worth $55,000 after purchasing an additional 34 shares during the period. 94.63% of the stock is owned by institutional investors.

Insider Transactions at Domino’s Pizza

In other news, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the sale, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on DPZ shares. JPMorgan Chase & Co. reduced their price target on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research note on Friday, October 11th. Robert W. Baird decreased their price target on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating on the stock in a research note on Thursday, September 12th. Royal Bank of Canada dropped their price objective on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating for the company in a research note on Friday, October 11th. Bank of America cut their price objective on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a report on Friday, October 11th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $490.00 target price on shares of Domino’s Pizza in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $495.76.

Domino’s Pizza Stock Down 0.1 %

NYSE DPZ opened at $472.48 on Thursday. The company has a market cap of $16.31 billion, a price-to-earnings ratio of 29.02, a price-to-earnings-growth ratio of 2.52 and a beta of 0.86. Domino’s Pizza, Inc. has a twelve month low of $383.05 and a twelve month high of $542.75. The business’s fifty day moving average is $429.41 and its 200 day moving average is $454.42.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, beating analysts’ consensus estimates of $3.65 by $0.54. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $4.18 earnings per share. On average, research analysts anticipate that Domino’s Pizza, Inc. will post 16.86 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, December 13th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 37.10%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.