Domino’s Pizza, Inc. (NYSE:DPZ) Position Lowered by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. trimmed its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 5.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 289,431 shares of the restaurant operator’s stock after selling 16,460 shares during the period. Epoch Investment Partners Inc. owned 0.83% of Domino’s Pizza worth $149,442,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC lifted its stake in Domino’s Pizza by 25.2% during the second quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock worth $67,000 after purchasing an additional 26 shares during the last quarter. Czech National Bank lifted its position in shares of Domino’s Pizza by 0.4% in the 1st quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock worth $3,049,000 after buying an additional 27 shares during the last quarter. Summit Trail Advisors LLC boosted its holdings in shares of Domino’s Pizza by 5.0% in the 2nd quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator’s stock valued at $293,000 after buying an additional 27 shares during the period. Insight Folios Inc boosted its holdings in shares of Domino’s Pizza by 3.4% in the 1st quarter. Insight Folios Inc now owns 847 shares of the restaurant operator’s stock valued at $421,000 after buying an additional 28 shares during the period. Finally, Portside Wealth Group LLC grew its position in shares of Domino’s Pizza by 6.5% during the 2nd quarter. Portside Wealth Group LLC now owns 456 shares of the restaurant operator’s stock valued at $235,000 after buying an additional 28 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Price Performance

DPZ stock opened at $414.42 on Friday. The firm has a market cap of $14.45 billion, a PE ratio of 27.05, a P/E/G ratio of 2.14 and a beta of 0.86. Domino’s Pizza, Inc. has a 12 month low of $330.05 and a 12 month high of $542.75. The firm has a 50 day simple moving average of $425.01 and a 200 day simple moving average of $472.53.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.35. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.08 EPS. As a group, sell-side analysts expect that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $1.51 dividend. The ex-dividend date is Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.46%. Domino’s Pizza’s dividend payout ratio (DPR) is 39.43%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Stephens cut their target price on shares of Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating on the stock in a report on Friday, July 19th. Wedbush restated an “outperform” rating and set a $575.00 price objective on shares of Domino’s Pizza in a research note on Monday, July 15th. Royal Bank of Canada dropped their target price on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 24th. Baird R W raised shares of Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a report on Monday, July 8th. Finally, Barclays dropped their price objective on shares of Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $507.93.

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.