Amiral Gestion Invests $3.68 Million in Domino’s Pizza Inc $DPZ

Amiral Gestion bought a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 8,516 shares of the restaurant operator’s stock, valued at approximately $3,676,000. Domino’s Pizza makes up about 1.3% of Amiral Gestion’s portfolio, making the stock its 16th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. RMG Wealth Management LLC acquired a new position in Domino’s Pizza in the second quarter valued at $25,000. Signature Resources Capital Management LLC acquired a new position in Domino’s Pizza in the 2nd quarter worth $29,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Domino’s Pizza in the 2nd quarter valued at approximately $31,000. Atlantic Union Bankshares Corp bought a new position in Domino’s Pizza during the 2nd quarter valued at $34,000. Finally, SVB Wealth LLC acquired a new stake in Domino’s Pizza during the first quarter valued at approximately $36,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on DPZ. Weiss Ratings restated a “hold (c)” rating on shares of Domino’s Pizza in a research report on Monday. Jefferies Financial Group lowered their price objective on shares of 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. Citigroup dropped their price target on Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 30th. TD Cowen reissued a “buy” rating and set a $510.00 target price on shares of Domino’s Pizza in a research note on Tuesday, October 14th. Finally, BTIG Research restated a “buy” rating and issued a $530.00 target price on shares of Domino’s Pizza in a report on Friday, November 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $490.40.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 4,870 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $434.06, for a total transaction of $2,113,872.20. Following the completion of the sale, the executive vice president owned 6,744 shares in the company, valued at $2,927,300.64. The trade was a 41.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.83% of the stock is currently owned by corporate insiders.

Domino’s Pizza Stock Performance

NASDAQ DPZ opened at $431.37 on Friday. Domino’s Pizza Inc has a twelve month low of $392.89 and a twelve month high of $500.55. The stock has a market cap of $14.58 billion, a PE ratio of 25.21, a PEG ratio of 2.32 and a beta of 1.14. The firm has a 50-day simple moving average of $415.12 and a 200 day simple moving average of $439.23.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results 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 firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the firm posted $4.19 EPS. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. Research analysts forecast that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Monday, December 15th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.6%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 40.68%.

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.