Domino's Pizza, Inc. (NYSE:DPZ) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC lifted its position in shares of Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 77.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,951 shares of the restaurant operator's stock after buying an additional 1,724 shares during the quarter. Empowered Funds LLC's holdings in Domino's Pizza were worth $1,699,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Bessemer Group Inc. grew its holdings in shares of Domino's Pizza by 34.9% in the first quarter. Bessemer Group Inc. now owns 4,950 shares of the restaurant operator's stock valued at $2,460,000 after purchasing an additional 1,280 shares in the last quarter. Natixis lifted its holdings in shares of Domino's Pizza by 62.0% in the 1st quarter. Natixis now owns 3,255 shares of the restaurant operator's stock valued at $1,617,000 after acquiring an additional 1,246 shares during the last quarter. Crewe Advisors LLC bought a new position in shares of Domino's Pizza in the 1st quarter valued at about $36,000. Advisors Asset Management Inc. grew its position in Domino's Pizza by 83.5% in the first quarter. Advisors Asset Management Inc. now owns 2,018 shares of the restaurant operator's stock worth $1,003,000 after acquiring an additional 918 shares in the last quarter. Finally, Quadrature Capital Ltd increased its stake in Domino's Pizza by 33.9% during the first quarter. Quadrature Capital Ltd now owns 65,569 shares of the restaurant operator's stock worth $32,578,000 after acquiring an additional 16,600 shares during the last quarter. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Down 0.2 %

DPZ stock opened at $438.97 on Thursday. The stock has a market capitalization of $15.16 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 2.31 and a beta of 0.86. Domino's Pizza, Inc. has a 52 week low of $367.24 and a 52 week high of $542.75. The firm has a 50 day moving average of $425.18 and a 200 day moving average of $456.50.

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 for the quarter, beating analysts' consensus estimates of $3.65 by $0.54. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino's Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $4.18 earnings per share. On average, equities research analysts expect that Domino's Pizza, Inc. will post 16.86 earnings per share for the current year.

Domino's Pizza Announces Dividend

The company also recently disclosed 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. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, December 13th. Domino's Pizza's dividend payout ratio is presently 37.10%.

Insider Transactions at Domino's Pizza

In other news, Director Andrew Balson sold 6,970 shares of the firm's stock in a transaction that occurred 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 sale, the director now owns 15,390 shares of the company's stock, valued at $6,591,075.30. This trade represents a 31.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kevin Scott Morris sold 2,646 shares of the company's stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 1,966 shares of the company's stock, valued at approximately $902,394. This trade represents a 57.37 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.81% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on DPZ. Stephens lowered 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. Oppenheimer restated an "outperform" rating and set a $490.00 target price on shares of Domino's Pizza in a research report on Friday, October 11th. JPMorgan Chase & Co. reduced their price target on Domino's Pizza from $470.00 to $450.00 and set a "neutral" rating on the stock in a report on Friday, October 11th. Wells Fargo & Company dropped their price objective on Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating for the company in a report on Friday, October 11th. Finally, Robert W. Baird decreased their target price on 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. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $494.38.

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.