Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC decreased its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 5.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,932 shares of the restaurant operator’s stock after selling 183 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Domino’s Pizza were worth $1,514,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DPZ. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Domino’s Pizza in the fourth quarter worth $25,000. Crewe Advisors LLC purchased a new position in Domino’s Pizza in the 1st quarter worth $36,000. Versant Capital Management Inc raised its stake in Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after acquiring an additional 72 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Domino’s Pizza by 41.8% during the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after acquiring an additional 33 shares during the period. Finally, GAMMA Investing LLC purchased a new stake in Domino’s Pizza during the 4th quarter valued at about $78,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on DPZ shares. Benchmark decreased their target price on Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating for the company in a report on Monday, July 22nd. Loop Capital dropped their price objective on shares of Domino’s Pizza from $507.00 to $419.00 and set a “hold” rating on the stock in a report on Friday, July 19th. Baird R W raised shares of Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a report on Monday, July 8th. Citigroup boosted their target price on shares of Domino’s Pizza from $505.00 to $530.00 and gave the company a “neutral” rating in a research report on Tuesday, April 30th. Finally, Argus increased their price target on Domino’s Pizza from $580.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus target price of $517.39.

Domino’s Pizza Trading Up 0.0 %

DPZ stock traded up $0.03 during midday trading on Tuesday, hitting $429.25. 657,938 shares of the company’s stock were exchanged, compared to its average volume of 597,786. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75. The business has a 50-day simple moving average of $485.69 and a two-hundred day simple moving average of $475.00. The stock has a market capitalization of $14.97 billion, a PE ratio of 28.02, a P/E/G ratio of 2.24 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the business earned $3.08 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, research analysts expect that Domino’s Pizza, Inc. will post 16.19 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 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 1.41%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s dividend payout ratio (DPR) is 39.43%.

About Domino’s Pizza

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.