2,684 Shares in Domino's Pizza, Inc. (NYSE:DPZ) Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. bought a new stake in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,684 shares of the restaurant operator's stock, valued at approximately $1,154,000.

Other hedge funds also recently bought and sold shares of the company. Berkshire Hathaway Inc purchased a new stake in shares of Domino's Pizza in the 3rd quarter valued at approximately $549,399,000. Charles Schwab Investment Management Inc. raised its position in Domino's Pizza by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator's stock valued at $98,545,000 after purchasing an additional 2,201 shares during the period. Commerce Bank lifted its stake in Domino's Pizza by 17.7% during the third quarter. Commerce Bank now owns 9,354 shares of the restaurant operator's stock worth $4,024,000 after purchasing an additional 1,404 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Domino's Pizza by 866.4% during the second quarter. Assenagon Asset Management S.A. now owns 49,846 shares of the restaurant operator's stock worth $25,737,000 after purchasing an additional 44,688 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Domino's Pizza by 130.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,387 shares of the restaurant operator's stock worth $1,232,000 after buying an additional 1,350 shares during the period. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Performance

NYSE DPZ traded down $5.82 during trading hours on Friday, hitting $459.59. The company had a trading volume of 387,155 shares, compared to its average volume of 562,205. The business has a 50 day moving average of $436.83 and a 200-day moving average of $452.26. Domino's Pizza, Inc. has a 1-year low of $392.52 and a 1-year high of $542.75. The company has a market cap of $15.87 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 2.52 and a beta of 0.88.

Domino's Pizza (NYSE:DPZ - Get Free Report) last released its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.65 by $0.54. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the business posted $4.18 EPS. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. Sell-side analysts expect that Domino's Pizza, Inc. will post 16.82 earnings per share for the current fiscal year.

Domino's Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.31%. Domino's Pizza's payout ratio is 37.10%.

Analyst Ratings Changes

Several equities analysts recently issued reports on DPZ shares. BTIG Research decreased their target price on Domino's Pizza from $580.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, October 11th. Royal Bank of Canada cut their price target on shares of Domino's Pizza from $500.00 to $490.00 and set an "outperform" rating on the stock in a research note on Friday, October 11th. Barclays lowered their price objective on shares of Domino's Pizza from $380.00 to $370.00 and set an "underweight" rating for the company in a research note on Friday, October 11th. Jefferies Financial Group cut their target price on shares of Domino's Pizza from $455.00 to $450.00 and set a "hold" rating on the stock in a research note on Friday, October 11th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Domino's Pizza from $470.00 to $450.00 and set a "neutral" rating on the stock in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Domino's Pizza has an average rating of "Moderate Buy" and a consensus target price of $495.76.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, Director Andrew Balson sold 6,970 shares of Domino's Pizza stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total value of $2,985,041.90. Following the transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kevin Scott Morris sold 2,646 shares of the company's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares of the company's stock, valued at $902,394. This trade represents a 57.37 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Domino's Pizza 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.