Vanguard Personalized Indexing Management LLC Grows Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Vanguard Personalized Indexing Management LLC raised its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 25.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,582 shares of the restaurant operator’s stock after purchasing an additional 520 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Domino’s Pizza were worth $1,311,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Domino’s Pizza by 5.8% during the 1st quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock worth $2,036,544,000 after purchasing an additional 222,949 shares during the last quarter. Coatue Management LLC purchased a new stake in shares of Domino’s Pizza in the 4th quarter valued at $322,859,000. TD Asset Management Inc grew its position in Domino’s Pizza by 27.8% during the 1st quarter. TD Asset Management Inc now owns 635,335 shares of the restaurant operator’s stock worth $315,685,000 after purchasing an additional 138,224 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Domino’s Pizza by 107.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock valued at $221,003,000 after acquiring an additional 230,090 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Domino’s Pizza by 85.2% in the second quarter. Envestnet Asset Management Inc. now owns 327,166 shares of the restaurant operator’s stock worth $168,926,000 after acquiring an additional 150,526 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 0.7 %

NYSE:DPZ opened at $414.42 on Monday. The stock has a fifty day moving average price of $425.01 and a 200 day moving average price of $472.71. Domino’s Pizza, Inc. has a 12-month low of $330.05 and a 12-month high of $542.75. The firm has a market cap of $14.45 billion, a PE ratio of 27.05, a price-to-earnings-growth ratio of 2.14 and a beta of 0.86.

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

Domino’s Pizza Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have commented on DPZ shares. Loop Capital reissued a “hold” rating and set a $419.00 target price on shares of Domino’s Pizza in a report on Friday. Barclays reduced their price target on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a report on Friday, July 19th. Robert W. Baird dropped their price objective on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a report on Thursday, September 12th. Stephens reduced 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 research note on Friday, July 19th. Finally, BMO Capital Markets decreased their price objective on Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating on the stock in a report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $507.93.

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.