Domino’s Pizza (NASDAQ:DPZ) EVP Katherine Trumbull Sells 370 Shares of Company Stock

Domino’s Pizza Inc (NASDAQ:DPZ) EVP Katherine Trumbull sold 370 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The shares were sold at an average price of $329.90, for a total value of $122,063.00. Following the completion of the sale, the executive vice president directly owned 5,785 shares of the company’s stock, valued at $1,908,471.50. This trade represents a 6.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Domino’s Pizza Stock Up 1.4%

Shares of NASDAQ:DPZ opened at $333.23 on Friday. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $442.35. The stock’s 50 day moving average is $312.23 and its 200-day moving average is $340.08. The firm has a market capitalization of $10.96 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 1.52 and a beta of 0.95.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.33 by $0.27. The company had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. Domino’s Pizza’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.08 earnings per share. Equities research analysts anticipate that Domino’s Pizza Inc will post 19.10 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Tuesday, December 15th will be paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 43.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada decreased their target price on shares of Domino’s Pizza from $325.00 to $320.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 14th. Benchmark reaffirmed a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. UBS Group reaffirmed a “buy” rating on shares of Domino’s Pizza in a research report on Monday, October 5th. Robert W. Baird cut their price target on Domino’s Pizza from $325.00 to $320.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. Finally, KeyCorp reissued a “sector weight” rating on shares of Domino’s Pizza in a report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $380.87.

Hedge Funds Weigh In On Domino’s Pizza

Hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC grew its stake in shares of Domino’s Pizza by 17.0% in the 3rd quarter. CoreCap Advisors LLC now owns 262 shares of the restaurant operator’s stock worth $79,000 after acquiring an additional 38 shares in the last quarter. Demars Financial Group LLC boosted its holdings in Domino’s Pizza by 2.8% during the third quarter. Demars Financial Group LLC now owns 1,537 shares of the restaurant operator’s stock worth $461,000 after purchasing an additional 42 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in Domino’s Pizza by 121.6% during the third quarter. Pinnacle Bancorp Inc. now owns 82 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 45 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in Domino’s Pizza by 5.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 971 shares of the restaurant operator’s stock worth $287,000 after purchasing an additional 50 shares in the last quarter. Finally, Mufg Securities Americas Inc. grew its position in Domino’s Pizza by 7.2% in the 2nd quarter. Mufg Securities Americas Inc. now owns 922 shares of the restaurant operator’s stock worth $273,000 after purchasing an additional 62 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc. is a global pizza company that operates and franchises restaurants specializing in delivery and carryout. Its menu includes pizzas, chicken wings, sandwiches, pasta, bread sides, desserts and beverages, with offerings varying by location. The company traces its roots to a pizza shop opened in Ypsilanti, Michigan, in 1960. It adopted the Domino’s Pizza name in 1965 and has since grown through a predominantly franchised business model, serving customers in the United States and international markets.