UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $100.77 Million Position in Domino’s Pizza, Inc. (NYSE:DPZ)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 2.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 234,282 shares of the restaurant operator’s stock after selling 5,839 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Domino’s Pizza were worth $100,774,000 at the end of the most recent reporting period.

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

Domino’s Pizza Stock Performance

NYSE:DPZ opened at $476.19 on Monday. The company has a market cap of $16.44 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.57 and a beta of 0.86. Domino’s Pizza, Inc. has a fifty-two week low of $386.88 and a fifty-two week high of $542.75. The stock has a fifty day moving average price of $433.11 and a 200-day moving average price of $454.04.

Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, beating the consensus estimate of $3.65 by $0.54. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $4.18 EPS. Research analysts predict that Domino’s Pizza, Inc. will post 16.82 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 annualized dividend and a yield of 1.27%. Domino’s Pizza’s dividend payout ratio is presently 37.10%.

Insider Buying and Selling at Domino’s Pizza

In related news, Director Andrew Balson sold 6,970 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the director now owns 15,390 shares of the company’s stock, valued at $6,591,075.30. This trade represents a 31.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kevin Scott Morris sold 2,646 shares of Domino’s Pizza stock in a transaction on Friday, November 15th. The shares were sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at $902,394. This represents a 57.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on DPZ shares. Wells Fargo & Company decreased their price objective on Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. Guggenheim decreased their price target on Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating on the stock in a report on Thursday, September 26th. Oppenheimer reissued an “outperform” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, October 11th. Finally, BMO Capital Markets dropped their price target on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $495.76.

About Domino’s Pizza

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.