Public Employees Retirement System of Ohio Sells 1,347 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Public Employees Retirement System of Ohio reduced its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,000 shares of the restaurant operator’s stock after selling 1,347 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Domino’s Pizza were worth $3,896,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the company. William Blair Investment Management LLC raised its stake in Domino’s Pizza by 21.4% during the 1st quarter. William Blair Investment Management LLC now owns 911,602 shares of the restaurant operator’s stock valued at $235,284,000 after buying an additional 161,000 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Domino’s Pizza by 375.3% during the 1st quarter. Principal Financial Group Inc. now owns 873,859 shares of the restaurant operator’s stock valued at $225,544,000 after purchasing an additional 690,006 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Domino’s Pizza by 78.1% during the 2nd quarter. Wells Fargo & Company MN now owns 858,292 shares of the restaurant operator’s stock valued at $238,845,000 after purchasing an additional 376,248 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Domino’s Pizza by 3.0% during the 2nd quarter. Fisher Asset Management LLC now owns 811,558 shares of the restaurant operator’s stock valued at $225,840,000 after purchasing an additional 23,385 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Domino’s Pizza by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 417,832 shares of the restaurant operator’s stock valued at $103,553,000 after buying an additional 27,160 shares in the last quarter. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on DPZ shares. BTIG Research set a $325.00 price objective on shares of Domino’s Pizza and gave the stock a “buy” rating in a research report on Monday, September 9th. TheStreet upgraded shares of Domino’s Pizza from a “c+” rating to a “b-” rating in a research note on Tuesday, June 4th. Cowen dropped their price objective on shares of Domino’s Pizza from $290.00 to $260.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 3rd. Morgan Stanley lowered their target price on shares of Domino’s Pizza from $305.00 to $287.00 and set an “overweight” rating for the company in a research note on Wednesday, July 17th. Finally, Goldman Sachs Group began coverage on shares of Domino’s Pizza in a research note on Monday, July 29th. They issued a “neutral” rating and a $280.00 target price for the company. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $287.54.

Shares of DPZ traded down $1.74 during mid-day trading on Friday, hitting $245.05. The company had a trading volume of 720,994 shares, compared to its average volume of 811,639. The business’s 50-day simple moving average is $239.19 and its 200-day simple moving average is $260.22. Domino’s Pizza, Inc. has a 1-year low of $220.90 and a 1-year high of $302.05. The stock has a market cap of $10.27 billion, a PE ratio of 29.10, a P/E/G ratio of 1.79 and a beta of 0.48.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.19. The firm had revenue of $811.65 million for the quarter, compared to analysts’ expectations of $834.87 million. Domino’s Pizza had a net margin of 10.83% and a negative return on equity of 12.81%. Domino’s Pizza’s revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.84 earnings per share. Research analysts forecast that Domino’s Pizza, Inc. will post 9.43 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, September 12th. Domino’s Pizza’s dividend payout ratio is presently 30.88%.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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