Quantinno Capital Management LP Has $463,000 Stock Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Quantinno Capital Management LP trimmed its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 51.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,076 shares of the restaurant operator’s stock after selling 1,142 shares during the quarter. Quantinno Capital Management LP’s holdings in Domino’s Pizza were worth $463,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Domino’s Pizza by 6.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,457 shares of the restaurant operator’s stock valued at $2,301,000 after buying an additional 257 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in Domino’s Pizza by 130.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,387 shares of the restaurant operator’s stock valued at $1,232,000 after acquiring an additional 1,350 shares in the last quarter. Blue Trust Inc. lifted its stake in Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 39 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Domino’s Pizza by 31.4% in the second quarter. Nisa Investment Advisors LLC now owns 4,989 shares of the restaurant operator’s stock worth $2,576,000 after acquiring an additional 1,192 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of Domino’s Pizza by 313.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 389 shares of the restaurant operator’s stock worth $201,000 after purchasing an additional 295 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 2.2 %

DPZ opened at $453.17 on Friday. The stock’s 50 day simple moving average is $439.97 and its 200-day simple moving average is $450.58. The stock has a market cap of $15.65 billion, a PE ratio of 27.84, a P/E/G ratio of 2.47 and a beta of 0.88. Domino’s Pizza, Inc. has a 1 year low of $395.08 and a 1 year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the company earned $4.18 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Equities analysts forecast that Domino’s Pizza, Inc. will post 16.82 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.33%. Domino’s Pizza’s payout ratio is currently 37.10%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DPZ. Benchmark reaffirmed a “buy” rating and issued a $520.00 price objective on shares of Domino’s Pizza in a research note on Friday, October 11th. Evercore ISI cut their target price on Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a report on Monday, October 7th. Jefferies Financial Group decreased their price target on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research note on Friday, October 11th. Loop Capital raised Domino’s Pizza from a “hold” rating to a “buy” rating and raised their price objective for the company from $419.00 to $559.00 in a research note on Friday, November 8th. Finally, Guggenheim reduced their target price on Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a report on Thursday, September 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and an average price target of $495.76.

Insider Buying and Selling

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 value of $2,985,041.90. Following the sale, the director now owns 15,390 shares in the company, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kevin Scott Morris sold 2,646 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares of the company’s stock, 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.

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.