Plato Investment Management Ltd Has $178,000 Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Plato Investment Management Ltd lifted its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 244.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 358 shares of the restaurant operator’s stock after buying an additional 254 shares during the quarter. Plato Investment Management Ltd’s holdings in Domino’s Pizza were worth $178,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DPZ. Coatue Management LLC acquired a new stake in shares of Domino’s Pizza during the fourth quarter worth $322,859,000. Norges Bank bought a new position in Domino’s Pizza during the fourth quarter worth $208,604,000. International Assets Investment Management LLC boosted its stake in Domino’s Pizza by 39,287.9% during the fourth quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator’s stock worth $205,883,000 after acquiring an additional 498,170 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Domino’s Pizza by 107.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after acquiring an additional 230,090 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Domino’s Pizza by 5.8% during the first quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock worth $2,036,544,000 after acquiring an additional 222,949 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DPZ has been the topic of several research analyst reports. Morgan Stanley increased their target price on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, April 12th. Stephens cut their target price on shares of Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating on the stock in a research note on Friday, July 19th. TD Securities reissued a “buy” rating and set a $580.00 target price on shares of Domino’s Pizza in a research note on Thursday, May 16th. The Goldman Sachs Group initiated coverage on shares of Domino’s Pizza in a research note on Thursday, June 13th. They set a “buy” rating and a $612.00 target price on the stock. Finally, Loop Capital cut their target price on shares of Domino’s Pizza from $507.00 to $419.00 and set a “hold” rating on the stock in a research note on Friday, July 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $517.39.

Domino’s Pizza Stock Down 0.5 %

NYSE DPZ traded down $2.06 during trading hours on Thursday, reaching $426.64. 567,624 shares of the company were exchanged, compared to its average volume of 596,527. Domino’s Pizza, Inc. has a 1 year low of $330.05 and a 1 year high of $542.75. The business’s 50 day simple moving average is $490.20 and its 200-day simple moving average is $474.13. The stock has a market capitalization of $14.92 billion, a P/E ratio of 27.85, a P/E/G ratio of 2.25 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company posted $3.08 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16.19 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a $1.51 dividend. The ex-dividend date is Friday, September 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.42%. Domino’s Pizza’s payout ratio is 39.43%.

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.