Seven Eight Capital LP Has $659,000 Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

Seven Eight Capital LP raised its position in Domino’s Pizza, Inc. (NYSE:DPZFree Report) by 59.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,599 shares of the restaurant operator’s stock after purchasing an additional 595 shares during the period. Seven Eight Capital LP’s holdings in Domino’s Pizza were worth $659,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. J.P. Morgan Private Wealth Advisors LLC increased its stake in shares of Domino’s Pizza by 4.8% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 2,813 shares of the restaurant operator’s stock valued at $1,066,000 after acquiring an additional 128 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of Domino’s Pizza by 19.0% in the 3rd quarter. D.A. Davidson & CO. now owns 3,058 shares of the restaurant operator’s stock valued at $1,159,000 after acquiring an additional 489 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Domino’s Pizza by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 211,155 shares of the restaurant operator’s stock valued at $79,983,000 after acquiring an additional 2,811 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of Domino’s Pizza by 5.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 1,602 shares of the restaurant operator’s stock valued at $607,000 after acquiring an additional 76 shares in the last quarter. Finally, Pathstone Family Office LLC bought a new stake in shares of Domino’s Pizza in the 3rd quarter valued at $425,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 2.6 %

NYSE DPZ opened at $526.84 on Tuesday. The company has a market cap of $18.38 billion, a PE ratio of 34.39, a price-to-earnings-growth ratio of 2.53 and a beta of 0.85. Domino’s Pizza, Inc. has a 52 week low of $297.05 and a 52 week high of $542.75. The firm’s 50-day simple moving average is $505.81 and its two-hundred day simple moving average is $453.49.

Domino’s Pizza (NYSE:DPZGet Free Report) last released its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 EPS for the quarter, beating the consensus estimate of $3.46 by $0.12. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.93 earnings per share. As a group, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16 EPS for the current year.

Domino’s Pizza Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Friday, June 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.43%.

Analyst Upgrades and Downgrades

DPZ has been the subject of several research analyst reports. Argus lifted their price objective on shares of Domino’s Pizza from $580.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Oppenheimer boosted their price target on shares of Domino’s Pizza from $530.00 to $580.00 and gave the company an “outperform” rating in a research note on Tuesday, April 30th. UBS Group boosted their price target on shares of Domino’s Pizza from $526.00 to $570.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. HSBC boosted their price target on shares of Domino’s Pizza from $507.00 to $583.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Citigroup boosted their price target on shares of Domino’s Pizza from $505.00 to $530.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $520.43.

View Our Latest Stock Report on Domino’s Pizza

Insider Buying and Selling at Domino’s Pizza

In other news, CEO Russell J. Weiner sold 11,780 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the sale, the chief executive officer now directly owns 32,001 shares in the company, valued at $16,844,366.37. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, CEO Russell J. Weiner sold 11,780 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the sale, the chief executive officer now directly owns 32,001 shares in the company, valued at $16,844,366.37. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Cynthia A. Headen sold 768 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $451.52, for a total transaction of $346,767.36. Following the completion of the transaction, the executive vice president now owns 4,103 shares in the company, valued at $1,852,586.56. The disclosure for this sale can be found here. Insiders have sold a total of 13,401 shares of company stock valued at $6,995,948 over the last three months. 0.81% of the stock is currently owned by insiders.

Domino’s Pizza Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Domino's Pizza (NYSE:DPZ)

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