Barclays PLC Sells 2,654 Shares of Domino's Pizza, Inc. (NYSE:DPZ)

Barclays PLC lessened its position in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,268 shares of the restaurant operator's stock after selling 2,654 shares during the period. Barclays PLC owned approximately 0.25% of Domino's Pizza worth $37,536,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC increased its stake in shares of Domino's Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 61 shares during the period. Central Pacific Bank Trust Division bought a new position in Domino's Pizza in the 3rd quarter worth approximately $30,000. Blue Trust Inc. increased its position in Domino's Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator's stock valued at $31,000 after acquiring an additional 39 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Domino's Pizza during the 3rd quarter valued at $43,000. Finally, Crewe Advisors LLC raised its stake in Domino's Pizza by 46.6% during the 2nd quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator's stock valued at $55,000 after acquiring an additional 34 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the business's stock in a transaction dated 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 completion of the sale, the executive vice president now owns 1,966 shares of the company's stock, valued at $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew Balson sold 6,970 shares of the company's stock in a transaction dated 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 sale, the director now owns 15,390 shares of the company's stock, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by company insiders.

Domino's Pizza Trading Down 2.2 %

DPZ stock traded down $10.18 during midday trading on Friday, reaching $453.17. The company had a trading volume of 501,195 shares, compared to its average volume of 603,159. The company has a 50 day moving average of $439.97 and a two-hundred day moving average of $450.58. Domino's Pizza, Inc. has a 1 year low of $395.08 and a 1 year high of $542.75. The company has a market capitalization of $15.65 billion, a P/E ratio of 27.84, a PEG ratio of 2.47 and a beta of 0.88.

Domino's Pizza (NYSE:DPZ - Get Free Report) last announced its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the company earned $4.18 earnings per share. Domino's Pizza's quarterly revenue was up 5.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Domino's Pizza, Inc. will post 16.82 earnings per share for the current year.

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.33%. Domino's Pizza's payout ratio is 37.10%.

Analyst Ratings Changes

DPZ has been the topic of a number of research analyst reports. Piper Sandler lowered their price target on Domino's Pizza from $436.00 to $429.00 and set a "neutral" rating on the stock in a report on Monday, October 7th. Morgan Stanley lowered their target price on shares of Domino's Pizza from $520.00 to $510.00 and set an "overweight" rating on the stock in a research note on Friday, October 11th. Robert W. Baird dropped their price target on shares of Domino's Pizza from $580.00 to $535.00 and set an "outperform" rating on the stock in a research report on Thursday, September 12th. Jefferies Financial Group decreased their price objective on shares of Domino's Pizza from $455.00 to $450.00 and set a "hold" rating for the company in a report on Friday, October 11th. Finally, Evercore ISI decreased their target price on Domino's Pizza from $500.00 to $480.00 and set an "outperform" rating for the company in a research note on Monday, October 7th. One analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $495.76.

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.