Metis Global Partners LLC Sells 164 Shares of Domino’s Pizza Inc $DPZ

Metis Global Partners LLC cut its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,214 shares of the restaurant operator’s stock after selling 164 shares during the period. Metis Global Partners LLC’s holdings in Domino’s Pizza were worth $547,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DPZ. HighPoint Advisor Group LLC grew its stake in Domino’s Pizza by 3.2% during the first quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator’s stock valued at $332,000 after acquiring an additional 21 shares in the last quarter. AGP Franklin LLC boosted its holdings in Domino’s Pizza by 0.4% in the 1st quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator’s stock valued at $2,403,000 after purchasing an additional 21 shares during the period. Nissay Asset Management Corp Japan ADV grew its position in shares of Domino’s Pizza by 0.5% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator’s stock valued at $1,912,000 after purchasing an additional 21 shares in the last quarter. Compound Planning Inc. grew its position in shares of Domino’s Pizza by 4.1% during the 1st quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator’s stock valued at $258,000 after purchasing an additional 22 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Domino’s Pizza by 16.0% in the first quarter. Allworth Financial LP now owns 174 shares of the restaurant operator’s stock worth $85,000 after purchasing an additional 24 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $403.76 on Thursday. Domino’s Pizza Inc has a 52-week low of $392.89 and a 52-week high of $500.55. The company has a fifty day moving average of $424.14 and a 200-day moving average of $450.72. The stock has a market capitalization of $13.64 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 2.15 and a beta of 1.09.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, topping analysts’ consensus estimates of $3.96 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.19 EPS. On average, equities research analysts forecast that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, December 15th. Domino’s Pizza’s payout ratio is 40.68%.

Insider Buying and Selling at Domino’s Pizza

In related news, Director James A. Goldman sold 1,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the completion of the sale, the director directly owned 3,384 shares in the company, valued at $1,527,842.16. This represents a 22.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.83% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on DPZ shares. Benchmark lifted their price objective on Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Loop Capital lifted their price target on Domino’s Pizza from $564.00 to $574.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Bank of America upped their price objective on shares of Domino’s Pizza from $514.00 to $536.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Morgan Stanley lifted their target price on shares of Domino’s Pizza from $520.00 to $535.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada cut their price target on shares of Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $490.32.

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.