Domino’s Pizza, Inc. (NYSE:DPZ) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 2.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,901 shares of the restaurant operator’s stock after purchasing an additional 69 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Domino’s Pizza were worth $1,498,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 39 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Domino’s Pizza during the 1st quarter worth approximately $36,000. Versant Capital Management Inc increased its stake in Domino’s Pizza by 654.5% during 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 in the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Domino’s Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after buying an additional 33 shares during the last quarter. Finally, ORG Partners LLC acquired a new stake in shares of Domino’s Pizza during the second quarter worth $62,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DPZ has been the subject of a number of research analyst reports. Baird R W upgraded Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 8th. The Goldman Sachs Group began coverage on Domino’s Pizza in a report on Thursday, June 13th. They set a “buy” rating and a $612.00 target price for the company. Barclays cut their price target on shares of Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a report on Friday, July 19th. Loop Capital decreased their price objective on shares of Domino’s Pizza from $507.00 to $419.00 and set a “hold” rating for the company in a research note on Friday, July 19th. Finally, TD Securities reissued a “buy” rating and set a $580.00 target price on shares of Domino’s Pizza in a report on Thursday, May 16th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $517.39.

Domino’s Pizza Trading Down 2.6 %

NYSE:DPZ opened at $403.56 on Wednesday. The stock has a 50 day moving average of $447.50 and a two-hundred day moving average of $475.39. Domino’s Pizza, Inc. has a 12 month low of $330.05 and a 12 month high of $542.75. The firm has a market cap of $14.11 billion, a P/E ratio of 26.34, a price-to-earnings-growth ratio of 2.17 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping the consensus estimate of $3.68 by $0.35. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.08 earnings per share. On average, research analysts forecast that Domino’s Pizza, Inc. will post 16.23 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s dividend payout ratio is currently 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.