Gladius Capital Management LP Decreases Holdings in Domino's Pizza, Inc. (NYSE:DPZ)

Gladius Capital Management LP trimmed its stake in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 68.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 604 shares of the restaurant operator's stock after selling 1,306 shares during the period. Gladius Capital Management LP's holdings in Domino's Pizza were worth $260,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of DPZ. Signaturefd LLC grew its position in shares of Domino's Pizza by 25.2% during the 2nd quarter. Signaturefd LLC now owns 129 shares of the restaurant operator's stock valued at $67,000 after acquiring an additional 26 shares during the period. Summit Trail Advisors LLC grew its holdings in Domino's Pizza by 5.0% during the second quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator's stock valued at $293,000 after purchasing an additional 27 shares during the period. Portside Wealth Group LLC increased its position in Domino's Pizza by 6.5% in the second quarter. Portside Wealth Group LLC now owns 456 shares of the restaurant operator's stock worth $235,000 after buying an additional 28 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Domino's Pizza by 4.6% in the second quarter. Larson Financial Group LLC now owns 663 shares of the restaurant operator's stock worth $342,000 after buying an additional 29 shares during the period. Finally, Capital Insight Partners LLC raised its stake in shares of Domino's Pizza by 2.6% in the second quarter. Capital Insight Partners LLC now owns 1,205 shares of the restaurant operator's stock worth $622,000 after buying an additional 30 shares during the period. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Trading Down 1.3 %

Shares of NYSE DPZ traded down $5.54 during trading hours on Friday, reaching $430.43. The stock had a trading volume of 1,571,308 shares, compared to its average volume of 518,032. Domino's Pizza, Inc. has a 52-week low of $367.24 and a 52-week high of $542.75. The firm has a market cap of $14.86 billion, a price-to-earnings ratio of 26.44, a P/E/G ratio of 2.31 and a beta of 0.86. The business's fifty day moving average price is $423.60 and its two-hundred day moving average price is $457.62.

Domino's Pizza (NYSE:DPZ - Get Free Report) last issued its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.54. The business had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.10 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business earned $4.18 EPS. Equities research analysts anticipate that Domino's Pizza, Inc. will post 16.86 earnings per share for the current fiscal year.

Domino's Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Friday, December 13th. Domino's Pizza's payout ratio is 37.10%.

Wall Street Analyst Weigh In

DPZ has been the subject of several analyst reports. Bank of America reduced their target price on shares of Domino's Pizza from $582.00 to $557.00 and set a "buy" rating for the company in a report on Friday, October 11th. Stephens reduced their price objective on shares of Domino's Pizza from $430.00 to $420.00 and set an "equal weight" rating for the company in a research note on Friday, October 11th. Wedbush restated an "outperform" rating and set a $470.00 target price on shares of Domino's Pizza in a research note on Friday, October 11th. JPMorgan Chase & Co. dropped their target price on shares of Domino's Pizza from $470.00 to $450.00 and set a "neutral" rating for the company in a report on Friday, October 11th. Finally, Royal Bank of Canada lowered their price objective on Domino's Pizza from $500.00 to $490.00 and set an "outperform" rating on the stock in a research report on Friday, October 11th. One equities 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 given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $494.38.

Insider Buying and Selling at Domino's Pizza

In other news, Director Andrew Balson sold 6,970 shares of the 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.76% of the company's stock.

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.