In the last month the stock has moved in price 9.21%, with a one year change of 41.68%. Zacks Investment Research lowered Domino's Pizza from a "buy" rating to a "hold" rating in a research note on Friday, December 23rd. BTIG Research set a $195.00 price target on shares of Domino's Pizza and gave the stock a "buy" rating in a research report on Wednesday, October 19th. Finally, KeyCorp upgraded Domino's Pizza from a "sector weight" rating to an "overweight" rating and set a $200.00 price objective for the company in a report on Friday, January 20th.
On 10/18/2016 Domino's Pizza announced a Quarterly dividend of $0.38 with an ex dividend date of 12/13/2016 which will be payable on 12/30/2016. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States & global trademark and copyright laws. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/02/28/allianz-asset-management-ag-raises-position-in-dominos-pizza-inc-dpz.html.
Domino's Pizza (NYSE:DPZ) has insider ownership of 5.03% and institutional ownership of 91.75%. The firm's 50-day moving average is $175.74 and its 200-day moving average is $162.18.
Domino's Pizza, Inc.is a pizza restaurant chain. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 46.11.
Several large investors have recently modified their holdings of DPZ. Following this, the stock is trading down over ten percent. Oasis Management Co Ltd. acquired a new stake in shares of Domino's Pizza during the second quarter worth $5,190,000.
Jeffrey Lawrence, chief financial officer for Domino's, also noted Tuesday that the company was in the favorable segment of the pizza business - carry-out and delivery.
Analysts await Domino's Pizza Inc (NASDAQ:DPZ) to report earnings on Feb, 28 for the fiscal quarter ending Dec 2016. TimesSquare Capital Management LLC now owns 668,850 shares of the company's stock valued at $87,874,000 after buying an additional 23,950 shares in the last quarter. Finally, Gareth Morgan Investments Limited Partnership increased its stake in shares of Domino's Pizza by 25.2% in the second quarter. O Shaughnessy Asset Management LLC now owns 1,076 shares of the company's stock valued at $141,000 after buying an additional 873 shares in the last quarter.
"It's possible that same-store sales for UK-based Domino's Pizza may have contributed to the shortfall", Kalinowski said. The Company operates pizza stores at 12,500 locations in over 80 markets.
Domino's Pizza is continuing to outdo its pizza chain rivals, posting double-digit same-store sales growth for the fourth quarter that easily beat analysts' estimates.