Blair William & Co. IL Takes Position in Domino’s Pizza Inc $DPZ

Blair William & Co. IL purchased a new position in Domino’s Pizza Inc (NASDAQ:DPZ) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 471 shares of the restaurant operator’s stock, valued at approximately $212,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Praxis Investment Management Inc. acquired a new position in Domino’s Pizza during the 1st quarter worth $414,000. Sowell Financial Services LLC acquired a new position in Domino’s Pizza in the first quarter worth about $282,000. Cornerstone Wealth Group LLC increased its holdings in Domino’s Pizza by 41.0% in the first quarter. Cornerstone Wealth Group LLC now owns 20,417 shares of the restaurant operator’s stock valued at $9,381,000 after buying an additional 5,939 shares during the last quarter. Value Partners Investments Inc. lifted its stake in Domino’s Pizza by 317.4% during the first quarter. Value Partners Investments Inc. now owns 7,397 shares of the restaurant operator’s stock worth $3,401,000 after purchasing an additional 5,625 shares during the last quarter. Finally, Impax Asset Management Group plc acquired a new position in shares of Domino’s Pizza in the 1st quarter valued at about $633,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the sale, the director directly owned 3,384 shares of the company’s stock, valued at approximately $1,527,842.16. This represents a 22.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.83% of the company’s stock.

Analyst Upgrades and Downgrades

DPZ has been the topic of several research reports. Bank of America increased their price objective on shares of Domino’s Pizza from $514.00 to $536.00 and gave the stock a “buy” rating in a research note on Wednesday. Loop Capital increased their price target on Domino’s Pizza from $564.00 to $574.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. Barclays lowered their price objective on Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating for the company in a research note on Wednesday, October 8th. UBS Group reissued a “buy” rating and set a $540.00 price target on shares of Domino’s Pizza in a report on Tuesday, July 22nd. Finally, Morgan Stanley increased their price objective on shares of Domino’s Pizza from $520.00 to $535.00 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $489.92.

Domino’s Pizza Stock Down 0.2%

Shares of DPZ opened at $416.26 on Friday. The firm has a market capitalization of $14.07 billion, a PE ratio of 24.33, a P/E/G ratio of 2.20 and a beta of 1.12. The firm has a 50-day moving average price of $439.25 and a 200 day moving average price of $457.38. Domino’s Pizza Inc has a 52-week low of $397.12 and a 52-week high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.12. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the firm posted $4.19 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. On average, equities analysts expect that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 15th will be paid a dividend of $1.74 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $6.96 annualized dividend and a yield of 1.7%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 40.68%.

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.