Stansberry Asset Management LLC Has $13.92 Million Stock Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Stansberry Asset Management LLC increased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 74.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 32,352 shares of the restaurant operator’s stock after acquiring an additional 13,804 shares during the quarter. Domino’s Pizza makes up approximately 1.7% of Stansberry Asset Management LLC’s portfolio, making the stock its 15th largest position. Stansberry Asset Management LLC’s holdings in Domino’s Pizza were worth $13,916,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DPZ. FMR LLC boosted its holdings in Domino’s Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after buying an additional 307,528 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Domino’s Pizza by 1.4% during the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock worth $716,681,000 after purchasing an additional 23,681 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in shares of Domino’s Pizza during the 3rd quarter worth approximately $549,399,000. Marshfield Associates increased its holdings in shares of Domino’s Pizza by 0.3% during the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after acquiring an additional 2,271 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Domino’s Pizza by 40,191.5% in the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock valued at $225,303,000 after purchasing an additional 522,490 shares during the period. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Stock Up 1.0 %

DPZ opened at $466.82 on Thursday. The firm has a 50-day simple moving average of $434.73 and a two-hundred day simple moving average of $452.90. Domino’s Pizza, Inc. has a 52 week low of $390.48 and a 52 week high of $542.75. The company has a market capitalization of $16.12 billion, a PE ratio of 28.67, a price-to-earnings-growth ratio of 2.49 and a beta of 0.88.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, beating the consensus estimate 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 business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the firm earned $4.18 EPS. The business’s revenue was up 5.1% on a year-over-year basis. As a group, sell-side analysts expect that Domino’s Pizza, Inc. will post 16.82 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s payout ratio is 37.10%.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was 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 owns 15,390 shares in the company, valued at $6,591,075.30. The trade was a 31.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $459.00, for a total value of $1,214,514.00. Following the transaction, 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. 0.76% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. TD Cowen boosted their price target on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Bank of America lowered their target price on Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a report on Friday, October 11th. Benchmark reaffirmed a “buy” rating and issued a $520.00 target price on shares of Domino’s Pizza in a report on Friday, October 11th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and upped their target price for the company from $419.00 to $559.00 in a research report on Friday, November 8th. Finally, Wedbush reiterated an “outperform” rating and issued a $470.00 price target on shares of Domino’s Pizza in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $495.76.

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.