Domino’s Pizza Inc $DPZ Shares Acquired by Capital Investment Advisors LLC

Capital Investment Advisors LLC increased its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 99.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,018 shares of the restaurant operator’s stock after acquiring an additional 2,506 shares during the period. Capital Investment Advisors LLC’s holdings in Domino’s Pizza were worth $2,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in DPZ. Norges Bank acquired a new stake in Domino’s Pizza during the 2nd quarter valued at approximately $202,680,000. Sterling Capital Management LLC increased its stake in shares of Domino’s Pizza by 2,076.8% in the second quarter. Sterling Capital Management LLC now owns 180,084 shares of the restaurant operator’s stock worth $81,146,000 after acquiring an additional 171,811 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Domino’s Pizza by 27.0% during the second quarter. Envestnet Asset Management Inc. now owns 511,206 shares of the restaurant operator’s stock worth $230,349,000 after purchasing an additional 108,794 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Domino’s Pizza during the second quarter valued at $34,831,000. Finally, Truist Financial Corp lifted its position in Domino’s Pizza by 3,692.1% during the second quarter. Truist Financial Corp now owns 73,642 shares of the restaurant operator’s stock valued at $33,183,000 after purchasing an additional 71,700 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on DPZ shares. Morgan Stanley upped their target price on Domino’s Pizza from $520.00 to $535.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Sanford C. Bernstein reissued a “market perform” rating and issued a $490.00 price target on shares of Domino’s Pizza in a report on Tuesday, December 2nd. Evercore ISI lowered their price objective on Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating on the stock in a research report on Thursday. Cowen cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Monday. Finally, TD Cowen reiterated a “hold” rating and issued a $460.00 target price (down from $500.00) on shares of Domino’s Pizza in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Hold” and an average target price of $485.74.

Domino’s Pizza Stock Down 0.4%

Domino’s Pizza stock opened at $405.09 on Friday. The company has a fifty day simple moving average of $416.74 and a 200-day simple moving average of $435.04. The firm has a market capitalization of $13.69 billion, a price-to-earnings ratio of 23.68, a PEG ratio of 1.91 and a beta of 1.15. Domino’s Pizza Inc has a 52-week low of $392.89 and a 52-week high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share for the quarter, topping 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 the consensus estimate of $1.14 billion. During the same period last year, the firm posted $4.19 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, research analysts anticipate that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kelly E. Garcia sold 4,870 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 6,744 shares in the company, valued at $2,927,300.64. The trade was a 41.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.83% of the stock is owned by company insiders.

Domino’s Pizza Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.