Domino’s Pizza, Inc. (NYSE:DPZ) Shares Bought by AdvisorShares Investments LLC

AdvisorShares Investments LLC raised its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 287.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,235 shares of the restaurant operator’s stock after buying an additional 916 shares during the quarter. AdvisorShares Investments LLC’s holdings in Domino’s Pizza were worth $624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DPZ. Blue Trust Inc. boosted its position in shares of Domino’s Pizza by 162.5% during the 2nd 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. Crewe Advisors LLC purchased a new position in Domino’s Pizza during the first quarter worth about $36,000. Versant Capital Management Inc boosted its holdings 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 valued at $43,000 after purchasing an additional 72 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in Domino’s Pizza by 41.8% in the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after purchasing an additional 33 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in shares of Domino’s Pizza in the 2nd quarter valued at approximately $62,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DPZ has been the topic of several analyst reports. The Goldman Sachs Group began coverage on shares of Domino’s Pizza in a research report on Thursday, June 13th. They set a “buy” rating and a $612.00 price target on the stock. Baird R W raised Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. Deutsche Bank Aktiengesellschaft cut their price objective on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. JPMorgan Chase & Co. decreased their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research report on Friday, July 19th. Finally, Robert W. Baird raised shares of Domino’s Pizza from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $530.00 to $580.00 in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus price target of $514.18.

Domino’s Pizza Stock Down 0.8 %

Shares of Domino’s Pizza stock opened at $416.77 on Wednesday. Domino’s Pizza, Inc. has a 52-week low of $330.05 and a 52-week high of $542.75. The company has a 50 day moving average of $437.73 and a 200 day moving average of $474.97. The company has a market capitalization of $14.54 billion, a P/E ratio of 27.20, a P/E/G ratio of 2.14 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.35. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.08 EPS. As a group, research analysts anticipate that Domino’s Pizza, Inc. will post 16.25 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a $1.51 dividend. The ex-dividend date is Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.45%. Domino’s Pizza’s payout ratio is currently 39.43%.

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.