GAMMA Investing LLC Grows Holdings in Domino’s Pizza Inc (NASDAQ:DPZ)

GAMMA Investing LLC raised its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 17.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 566 shares of the restaurant operator’s stock after buying an additional 83 shares during the period. GAMMA Investing LLC’s holdings in Domino’s Pizza were worth $260,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. increased its position in Domino’s Pizza by 2.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock worth $486,000 after buying an additional 23 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Domino’s Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock worth $38,000 after acquiring an additional 26 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Domino’s Pizza by 2.8% during the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock worth $427,000 after acquiring an additional 28 shares during the last quarter. M&T Bank Corp increased its holdings in shares of Domino’s Pizza by 1.0% in the 4th quarter. M&T Bank Corp now owns 3,172 shares of the restaurant operator’s stock worth $1,332,000 after acquiring an additional 30 shares during the period. Finally, Level Four Advisory Services LLC increased its holdings in shares of Domino’s Pizza by 3.3% in the 4th quarter. Level Four Advisory Services LLC now owns 979 shares of the restaurant operator’s stock worth $411,000 after acquiring an additional 31 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on DPZ. BMO Capital Markets raised their price objective on shares of Domino’s Pizza from $515.00 to $540.00 and gave the company an “outperform” rating in a research note on Tuesday, April 29th. Stephens reaffirmed an “equal weight” rating and set a $440.00 price target on shares of Domino’s Pizza in a research note on Wednesday, April 2nd. Hsbc Global Res upgraded Domino’s Pizza to a “strong-buy” rating in a research report on Tuesday, April 22nd. Argus reissued a “hold” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research note on Tuesday, April 29th. Finally, BTIG Research set a $530.00 price objective on Domino’s Pizza and gave the company a “buy” rating in a report on Monday, April 28th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $487.17.

Domino’s Pizza Stock Down 0.8%

DPZ stock opened at $453.94 on Thursday. The firm has a market capitalization of $15.54 billion, a PE ratio of 26.03, a P/E/G ratio of 2.60 and a beta of 1.09. Domino’s Pizza Inc has a twelve month low of $396.06 and a twelve month high of $509.09. The stock’s 50 day moving average is $471.05 and its 200-day moving average is $457.56.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the business posted $3.58 earnings per share. Domino’s Pizza’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a dividend of $1.74 per share. The ex-dividend date was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.53%. Domino’s Pizza’s payout ratio is 39.91%.

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.