Domino’s Pizza Inc $DPZ Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 31.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,025 shares of the restaurant operator’s stock after acquiring an additional 1,456 shares during the period. Benjamin Edwards Inc.’s holdings in Domino’s Pizza were worth $2,601,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its stake in Domino’s Pizza by 0.9% during the second quarter. Vanguard Group Inc. now owns 4,047,026 shares of the restaurant operator’s stock worth $1,823,590,000 after purchasing an additional 36,288 shares during the period. Berkshire Hathaway Inc boosted its stake in shares of Domino’s Pizza by 0.5% during the 2nd quarter. Berkshire Hathaway Inc now owns 2,633,868 shares of the restaurant operator’s stock valued at $1,186,821,000 after buying an additional 13,255 shares during the last quarter. Invesco Ltd. increased its position in shares of Domino’s Pizza by 3.9% in the 2nd quarter. Invesco Ltd. now owns 841,236 shares of the restaurant operator’s stock worth $379,061,000 after purchasing an additional 31,578 shares during the last quarter. Bank of America Corp DE lifted its holdings in Domino’s Pizza by 9.0% during the 2nd quarter. Bank of America Corp DE now owns 560,058 shares of the restaurant operator’s stock worth $252,362,000 after buying an additional 46,098 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in 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 valued at $230,349,000 after purchasing an additional 108,794 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 0.4%

NASDAQ:DPZ opened at $405.09 on Friday. The firm has a 50 day moving average of $416.74 and a 200-day moving average of $434.87. The stock has a market capitalization of $13.69 billion, a P/E ratio of 23.68, a price-to-earnings-growth ratio of 1.91 and a beta of 1.15. Domino’s Pizza Inc has a 1 year low of $392.89 and a 1 year high of $500.55.

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

Insider Buying and Selling

In other Domino’s Pizza 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 value of $2,113,872.20. Following the sale, the executive vice president owned 6,744 shares in the company, valued at approximately $2,927,300.64. The trade was a 41.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Stifel Nicolaus cut their price objective on shares of Domino’s Pizza from $510.00 to $485.00 and set a “buy” rating on the stock in a research report on Wednesday. Sanford C. Bernstein restated a “market perform” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research report on Tuesday, December 2nd. Hovde Group set a $460.00 target price on shares of Domino’s Pizza in a research report on Monday, January 5th. Royal Bank Of Canada lowered their target price on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 15th. Finally, Wells Fargo & Company dropped their target price on Domino’s Pizza from $490.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $485.74.

Domino’s Pizza Company 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.