Domino’s Pizza, Inc. (NYSE:DPZ) Shares Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. grew its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 20.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 591 shares of the restaurant operator’s stock after buying an additional 100 shares during the quarter. Edgestream Partners L.P.’s holdings in Domino’s Pizza were worth $305,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Coatue Management LLC acquired a new stake in Domino’s Pizza in the fourth quarter worth approximately $322,859,000. Price T Rowe Associates Inc. MD raised its stake in shares of Domino’s Pizza by 107.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after buying an additional 230,090 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Domino’s Pizza by 5.8% in the first quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after buying an additional 222,949 shares during the period. TD Asset Management Inc boosted its stake in Domino’s Pizza by 66.8% during the fourth quarter. TD Asset Management Inc now owns 497,111 shares of the restaurant operator’s stock valued at $204,924,000 after buying an additional 199,060 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Domino’s Pizza by 85.2% during 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. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Trading Up 1.5 %

Shares of NYSE:DPZ opened at $420.72 on Tuesday. The stock has a market capitalization of $14.67 billion, a PE ratio of 27.46, a P/E/G ratio of 2.14 and a beta of 0.86. Domino’s Pizza, Inc. has a 1 year low of $330.05 and a 1 year high of $542.75. The firm has a fifty day moving average price of $423.77 and a 200 day moving average price of $472.52.

Domino’s Pizza (NYSE:DPZ) last issued 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. 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 for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the prior year, the firm posted $3.08 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, sell-side analysts forecast that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders 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 1.44%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s dividend payout ratio is 39.43%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Robert W. Baird reduced 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 research report on Thursday, September 12th. Wedbush reissued an “outperform” rating and set a $575.00 price objective on shares of Domino’s Pizza in a research note on Monday, July 15th. Baird R W raised Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 8th. The Goldman Sachs Group assumed coverage on Domino’s Pizza in a research report on Thursday, June 13th. They issued a “buy” rating and a $612.00 price target for the company. Finally, Barclays cut their price objective 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. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average 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.