Domino's Pizza, Inc. (NYSE:DPZ) Stock Position Increased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 1.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 229,099 shares of the restaurant operator's stock after purchasing an additional 2,201 shares during the period. Charles Schwab Investment Management Inc. owned 0.66% of Domino's Pizza worth $98,545,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in shares of Domino's Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator's stock worth $31,000 after acquiring an additional 39 shares during the period. Central Pacific Bank Trust Division acquired a new stake in shares of Domino's Pizza in the third quarter valued at about $30,000. Versant Capital Management Inc lifted its stake in shares of Domino's Pizza by 654.5% in the second quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator's stock valued at $43,000 after purchasing an additional 72 shares during the period. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Domino's Pizza in the third quarter valued at about $43,000. Finally, Crewe Advisors LLC lifted its stake in shares of Domino's Pizza by 46.6% in the second quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator's stock valued at $55,000 after purchasing an additional 34 shares during the period. Institutional investors and hedge funds own 94.63% of the company's stock.

Domino's Pizza Stock Down 0.1 %

Shares of DPZ traded down $0.43 during mid-day trading on Wednesday, hitting $472.48. The company had a trading volume of 392,193 shares, compared to its average volume of 609,647. The business's 50-day simple moving average is $429.41 and its 200-day simple moving average is $454.42. Domino's Pizza, Inc. has a 1-year low of $383.05 and a 1-year high of $542.75. The stock has a market cap of $16.31 billion, a PE ratio of 29.04, a P/E/G ratio of 2.52 and a beta of 0.86.

Domino's Pizza (NYSE:DPZ - Get Free Report) last released its earnings results 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 net margin of 12.26% and a negative return on equity of 14.35%. The business had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.10 billion. During the same period last year, the company earned $4.18 earnings per share. The company's quarterly revenue was up 5.1% on a year-over-year basis. On average, sell-side analysts expect that Domino's Pizza, Inc. will post 16.86 earnings per share for the current year.

Domino's Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given 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 1.28%. Domino's Pizza's dividend payout ratio is presently 37.10%.

Insider Buying and Selling at Domino's Pizza

In other news, Director Andrew Balson sold 6,970 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the transaction, the director now directly owns 15,390 shares of the company's stock, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kevin Scott Morris sold 2,646 shares of the business's stock in a transaction 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 directly owns 1,966 shares in the company, valued at approximately $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.81% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on DPZ shares. Wells Fargo & Company reduced their price objective on shares of Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating for the company in a research note on Friday, October 11th. TD Cowen raised their price objective on shares of Domino's Pizza from $475.00 to $515.00 and gave the company a "buy" rating in a research note on Monday. Evercore ISI reduced their price objective on shares of 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. Robert W. Baird dropped their target price 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. Finally, Stephens dropped their target price on shares of Domino's Pizza from $430.00 to $420.00 and set an "equal weight" rating for the company in a report on Friday, October 11th. 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 given a strong buy rating to the stock. According to MarketBeat, Domino's Pizza presently has an average rating of "Moderate Buy" and a consensus price target of $495.76.

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.