Townsquare Capital LLC Purchases 2,099 Shares of Domino's Pizza, Inc. (NYSE:DPZ)

Townsquare Capital LLC grew its position in shares of Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 37.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,772 shares of the restaurant operator's stock after buying an additional 2,099 shares during the quarter. Townsquare Capital LLC's holdings in Domino's Pizza were worth $3,343,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC lifted its position in Domino's Pizza by 40,191.5% during the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator's stock worth $225,303,000 after buying an additional 522,490 shares in the last quarter. FMR LLC lifted its position in shares of Domino's Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator's stock worth $941,936,000 after purchasing an additional 307,528 shares in the last quarter. Champlain Investment Partners LLC bought a new stake in shares of Domino's Pizza during the third quarter valued at approximately $99,352,000. Envestnet Asset Management Inc. increased its holdings in shares of Domino's Pizza by 85.2% in the second quarter. Envestnet Asset Management Inc. now owns 327,166 shares of the restaurant operator's stock valued at $168,926,000 after purchasing an additional 150,526 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in Domino's Pizza in the 2nd quarter worth approximately $72,296,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Insider Buying and Selling

In other Domino's Pizza news, EVP Kevin Scott Morris sold 2,646 shares of Domino's Pizza stock in a transaction on Friday, November 15th. The shares were 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrew Balson sold 6,970 shares of the stock in a transaction dated 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 completion of the transaction, the director now directly owns 15,390 shares in the company, valued at $6,591,075.30. The trade was a 31.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on DPZ shares. Morgan Stanley decreased their price objective on Domino's Pizza from $520.00 to $510.00 and set an "overweight" rating on the stock in a research report on Friday, October 11th. Benchmark reiterated a "buy" rating and issued a $520.00 price objective on shares of Domino's Pizza in a research report on Friday, October 11th. Bank of America dropped 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. Wells Fargo & Company reduced their target price on shares of Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating on the stock in a research note on Friday, October 11th. Finally, Jefferies Financial Group dropped their price target on shares of 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. One analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $495.76.

Domino's Pizza Price Performance

DPZ stock traded up $3.85 during midday trading on Friday, hitting $476.19. The company's stock had a trading volume of 234,473 shares, compared to its average volume of 608,023. The company's fifty day moving average price is $433.11 and its 200 day moving average price is $454.43. Domino's Pizza, Inc. has a twelve month low of $386.88 and a twelve month high of $542.75. The stock has a market capitalization of $16.44 billion, a P/E ratio of 29.25, a PEG ratio of 2.55 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. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. Domino's Pizza's revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.18 earnings per share. Equities analysts expect that Domino's Pizza, Inc. will post 16.82 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The company also recently announced 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 1.27%. Domino's Pizza's dividend payout ratio is presently 37.10%.

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.