DekaBank Deutsche Girozentrale lessened its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 10.9% during the third quarter, HoldingsChannel reports. The firm owned 3,362 shares of the restaurant operator’s stock after selling 413 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Domino’s Pizza were worth $1,065,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Willingdon Wealth Management bought a new position in shares of Domino’s Pizza in the third quarter valued at approximately $111,000. Qube Research & Technologies Ltd purchased a new stake in shares of Domino’s Pizza during the second quarter valued at approximately $119,000. First Hawaiian Bank purchased a new stake in shares of Domino’s Pizza during the third quarter valued at approximately $142,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Domino’s Pizza during the second quarter valued at approximately $166,000. Finally, Harvest Fund Management Co. Ltd increased its position in shares of Domino’s Pizza by 257.1% during the third quarter. Harvest Fund Management Co. Ltd now owns 582 shares of the restaurant operator’s stock valued at $172,000 after acquiring an additional 419 shares during the last quarter. Institutional investors own 90.51% of the company’s stock.

NYSE:DPZ opened at $266.40 on Friday. Domino’s Pizza, Inc. has a 1 year low of $177.24 and a 1 year high of $305.34. The firm has a market capitalization of $11.07 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 1.84 and a beta of 0.41.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Tuesday, October 16th. The restaurant operator reported $1.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.75 by $0.20. Domino’s Pizza had a negative return on equity of 11.92% and a net margin of 10.60%. The business had revenue of $786.00 million during the quarter, compared to the consensus estimate of $789.10 million. During the same period last year, the business posted $1.27 earnings per share. The business’s revenue for the quarter was up 22.1% on a year-over-year basis. As a group, equities analysts predict that Domino’s Pizza, Inc. will post 8.44 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Thursday, December 13th. Domino’s Pizza’s dividend payout ratio is currently 41.20%.

In other Domino’s Pizza news, CEO Richard E. Allison, Jr. sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 29th. The stock was sold at an average price of $279.31, for a total value of $1,396,550.00. Following the completion of the sale, the chief executive officer now directly owns 44,864 shares of the company’s stock, valued at $12,530,963.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.97% of the company’s stock.

A number of analysts recently commented on the company. Zacks Investment Research downgraded Domino’s Pizza from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. UBS Group assumed coverage on Domino’s Pizza in a research report on Monday, October 22nd. They set a “neutral” rating and a $285.00 price target for the company. Maxim Group reaffirmed a “buy” rating and set a $310.00 price target on shares of Domino’s Pizza in a research report on Friday, November 16th. Citigroup decreased their price target on Domino’s Pizza from $298.00 to $293.00 and set a “neutral” rating for the company in a research report on Monday, October 22nd. Finally, Mizuho set a $300.00 price target on Domino’s Pizza and gave the company a “buy” rating in a research report on Wednesday, October 17th. Nine investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $277.00.

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Domino’s Pizza Profile

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

Read More: Quiet Period

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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