B. Metzler seel. Sohn & Co. Holding AG Invests $680,000 in Domino’s Pizza, Inc. (NYSE:DPZ)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Domino’s Pizza, Inc. (NYSE:DPZ) in the 3rd quarter, Holdings Channel reports. The firm acquired 1,581 shares of the restaurant operator’s stock, valued at approximately $680,000.

Other institutional investors also recently modified their holdings of the company. Swiss National Bank raised its holdings in shares of Domino’s Pizza by 0.4% during the third quarter. Swiss National Bank now owns 103,500 shares of the restaurant operator’s stock valued at $44,519,000 after purchasing an additional 400 shares during the period. Empowered Funds LLC increased its position in Domino’s Pizza by 77.4% in the 3rd quarter. Empowered Funds LLC now owns 3,951 shares of the restaurant operator’s stock valued at $1,699,000 after buying an additional 1,724 shares in the last quarter. CIBC Asset Management Inc raised its stake in Domino’s Pizza by 8.6% during the 3rd quarter. CIBC Asset Management Inc now owns 5,093 shares of the restaurant operator’s stock worth $2,191,000 after buying an additional 405 shares during the period. KBC Group NV boosted its holdings in Domino’s Pizza by 68.4% in the third quarter. KBC Group NV now owns 5,081 shares of the restaurant operator’s stock worth $2,186,000 after acquiring an additional 2,064 shares in the last quarter. Finally, Fortis Capital Management LLC grew its stake in Domino’s Pizza by 10.6% in the third quarter. Fortis Capital Management LLC now owns 1,851 shares of the restaurant operator’s stock valued at $796,000 after acquiring an additional 177 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insider Activity

In other news, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction on 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kevin Scott Morris sold 2,646 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares in the company, valued at $902,394. This trade represents a 57.37 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Royal Bank of Canada reduced their price target on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, October 11th. Bank of America decreased their target price on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a research report on Friday, October 11th. Benchmark reaffirmed a “buy” rating and issued a $520.00 price target on shares of Domino’s Pizza in a research report on Friday, October 11th. BMO Capital Markets decreased their price objective on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 11th. Finally, Stephens lowered their price objective on Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a research note on Friday, October 11th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $494.38.

Domino’s Pizza Trading Up 1.7 %

DPZ opened at $453.35 on Friday. Domino’s Pizza, Inc. has a 12 month low of $367.24 and a 12 month high of $542.75. The company has a market cap of $15.66 billion, a PE ratio of 27.85, a price-to-earnings-growth ratio of 2.40 and a beta of 0.86. The company has a 50 day moving average of $427.00 and a 200 day moving average of $455.51.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the company earned $4.18 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Research analysts forecast that Domino’s Pizza, Inc. will post 16.86 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 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s payout ratio is presently 37.10%.

Domino’s Pizza 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.