Aviso Financial Inc. Purchases 401 Shares of Domino’s Pizza Inc $DPZ

Aviso Financial Inc. raised its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,269 shares of the restaurant operator’s stock after purchasing an additional 401 shares during the quarter. Aviso Financial Inc.’s holdings in Domino’s Pizza were worth $3,726,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. RMG Wealth Management LLC bought a new position in Domino’s Pizza in the 2nd quarter valued at $25,000. Zions Bancorporation National Association UT bought a new stake in Domino’s Pizza in the first quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in Domino’s Pizza in the second quarter worth $29,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Domino’s Pizza during the second quarter worth $31,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Domino’s Pizza during the second quarter worth $34,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $402.67 on Tuesday. The stock has a fifty day moving average of $415.60 and a 200-day moving average of $446.02. Domino’s Pizza Inc has a 52 week low of $392.89 and a 52 week high of $500.55. The stock has a market capitalization of $13.60 billion, a P/E ratio of 23.53, a price-to-earnings-growth ratio of 2.15 and a beta of 1.09.

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

Domino’s Pizza Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts recently commented on DPZ shares. Morgan Stanley upped their price objective on shares of Domino’s Pizza from $520.00 to $535.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Barclays decreased their target price on shares of Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating for the company in a research report on Wednesday, October 8th. Jefferies Financial Group dropped their price objective on Domino’s Pizza from $490.00 to $455.00 and set a “hold” rating on the stock in a research note on Monday, October 13th. Royal Bank Of Canada lowered their price target on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 15th. Finally, BTIG Research restated a “buy” rating and set a $530.00 target price on shares of Domino’s Pizza in a research note on Friday, November 14th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average price target of $490.40.

Domino’s Pizza Company 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.