Stifel Financial Corp Has $6.35 Million Stock Holdings in Domino's Pizza, Inc. (NYSE:DPZ)

Stifel Financial Corp reduced its holdings in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 29.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,754 shares of the restaurant operator's stock after selling 6,166 shares during the quarter. Stifel Financial Corp's holdings in Domino's Pizza were worth $6,347,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. lifted its holdings 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 last quarter. True Wealth Design LLC grew its stake in Domino's Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock valued at $28,000 after acquiring an additional 61 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of Domino's Pizza in the 3rd quarter valued at about $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Domino's Pizza in the third quarter worth approximately $43,000. Finally, Crewe Advisors LLC boosted its holdings in shares of Domino's Pizza by 46.6% during the second quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator's stock worth $55,000 after purchasing an additional 34 shares during the period. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Price Performance

Shares of Domino's Pizza stock traded down $10.18 during trading on Friday, hitting $453.17. 501,195 shares of the company's stock traded hands, compared to its average volume of 603,159. The company has a market cap of $15.65 billion, a PE ratio of 27.84, a PEG ratio of 2.47 and a beta of 0.88. The firm's fifty day moving average price is $439.97 and its 200 day moving average price is $450.99. Domino's Pizza, Inc. has a twelve month low of $395.08 and a twelve month high of $542.75.

Domino's Pizza (NYSE:DPZ - Get Free Report) last released its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, beating 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 company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the previous year, the business earned $4.18 earnings per share. The company's quarterly revenue was up 5.1% on a year-over-year basis. As a group, equities research analysts anticipate that Domino's Pizza, Inc. will post 16.82 earnings per share for the current year.

Domino's Pizza Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on DPZ. BMO Capital Markets cut their target price on shares of Domino's Pizza from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Friday, October 11th. Bank of America cut their price objective on Domino's Pizza from $582.00 to $557.00 and set a "buy" rating for the company in a report on Friday, October 11th. Royal Bank of Canada lowered their target price on 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. Jefferies Financial Group cut their price target on Domino's Pizza from $455.00 to $450.00 and set a "hold" rating for the company in a research note on Friday, October 11th. Finally, Wells Fargo & Company decreased their target price on shares of Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating for the company in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $495.76.

Insider Buying and Selling at Domino's Pizza

In other Domino's Pizza news, Director Andrew Balson sold 6,970 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total value of $2,985,041.90. Following the completion of the sale, the director now 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 transaction was disclosed in a legal filing 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 transaction of $1,214,514.00. Following the transaction, the executive vice president now owns 1,966 shares in the company, valued at $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.76% of the company's stock.

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.