Domino’s Pizza Inc $DPZ Stock Position Lowered by Natixis Advisors LLC

Natixis Advisors LLC decreased its position in Domino’s Pizza Inc (NASDAQ:DPZFree Report) by 25.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 30,432 shares of the restaurant operator’s stock after selling 10,431 shares during the period. Natixis Advisors LLC owned about 0.09% of Domino’s Pizza worth $13,138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DPZ. Principal Financial Group Inc. grew its holdings in shares of Domino’s Pizza by 1.8% during the third quarter. Principal Financial Group Inc. now owns 1,762,568 shares of the restaurant operator’s stock valued at $760,939,000 after buying an additional 30,647 shares in the last quarter. Mediolanum International Funds Ltd raised its position in Domino’s Pizza by 209.6% during the third quarter. Mediolanum International Funds Ltd now owns 4,155 shares of the restaurant operator’s stock valued at $1,805,000 after buying an additional 2,813 shares during the period. Machina Capital S.A.S. purchased a new stake in Domino’s Pizza in the 3rd quarter worth about $1,557,000. Berkshire Hathaway Inc boosted its position in Domino’s Pizza by 0.5% during the 2nd quarter. Berkshire Hathaway Inc now owns 2,633,868 shares of the restaurant operator’s stock worth $1,186,821,000 after acquiring an additional 13,255 shares during the period. Finally, Railway Pension Investments Ltd boosted its position in Domino’s Pizza by 304.2% during the 3rd quarter. Railway Pension Investments Ltd now owns 9,700 shares of the restaurant operator’s stock worth $4,188,000 after acquiring an additional 7,300 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DPZ has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Domino’s Pizza in a research note on Monday, December 29th. Stifel Nicolaus decreased their price target on shares of Domino’s Pizza from $510.00 to $485.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Domino’s Pizza in a research report on Tuesday, February 24th. Guggenheim dropped their price objective on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Finally, BTIG Research reiterated a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $475.71.

View Our Latest Analysis on DPZ

Domino’s Pizza Stock Performance

Shares of NASDAQ DPZ opened at $395.98 on Friday. The stock has a market cap of $13.32 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.70 and a beta of 1.16. The business has a 50 day simple moving average of $400.74 and a 200 day simple moving average of $416.95. Domino’s Pizza Inc has a 52 week low of $370.70 and a 52 week high of $499.08.

Domino’s Pizza (NASDAQ:DPZGet Free Report) last issued its quarterly earnings data on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share for the quarter, missing the consensus estimate of $5.38 by ($0.03). The business had revenue of $1.54 billion for the quarter. Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.89 earnings per share. On average, analysts predict that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued a $1.99 dividend. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.74. This represents a $7.96 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, March 13th. Domino’s Pizza’s dividend payout ratio is currently 39.61%.

More Domino’s Pizza News

Here are the key news stories impacting Domino’s Pizza this week:

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 4,870 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $434.06, for a total transaction of $2,113,872.20. Following the transaction, the executive vice president directly owned 6,744 shares in the company, valued at $2,927,300.64. This trade represents a 41.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.83% of the stock is owned by insiders.

Domino’s Pizza Company Profile

(Free Report)

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

Further Reading

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Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)

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