4,035 Shares in Domino's Pizza Inc $DPZ Bought by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management purchased 4,035 Domino’s shares valued at approximately $1.2 million during the second quarter. Institutional investors collectively own 94.63% of DPZ.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $397.42; recent firms maintained neutral or positive ratings while lowering some price targets.
• Domino’s reported quarterly revenue of $1.19 billion, up 4.3% year over year, but earnings per share of $4.07 missed expectations. The company declared a quarterly dividend of $1.99 per share, representing a 2.3% annualized yield.

Northwestern Mutual Wealth Management Co. bought a new stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,035 shares of the restaurant operator's stock, valued at approximately $1,195,000.

Several other hedge funds have also bought and sold shares of DPZ. SHP Wealth Management bought a new position in shares of Domino's Pizza in the fourth quarter worth about $25,000. Rakuten Securities Inc. bought a new position in shares of Domino's Pizza during the 2nd quarter valued at approximately $28,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Domino's Pizza by 97.1% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator's stock valued at $29,000 after acquiring an additional 34 shares during the period. Investors Research Corp increased its holdings in Domino's Pizza by 9,900.0% in the 2nd quarter. Investors Research Corp now owns 100 shares of the restaurant operator's stock worth $30,000 after acquiring an additional 99 shares in the last quarter. Finally, MBM Wealth Consultants LLC purchased a new stake in Domino's Pizza in the 1st quarter worth approximately $31,000. Institutional investors own 94.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DPZ shares. Sanford C. Bernstein restated a "market perform" rating on shares of Domino's Pizza in a research note on Tuesday, July 21st. Robert W. Baird reissued a "neutral" rating and set a $350.00 price target on shares of Domino's Pizza in a report on Monday. Citigroup decreased their price target on Domino's Pizza from $365.00 to $335.00 and set a "neutral" rating on the stock in a report on Tuesday, July 7th. Benchmark restated a "buy" rating on shares of Domino's Pizza in a research report on Tuesday, July 21st. Finally, BMO Capital Markets dropped their price objective on Domino's Pizza from $450.00 to $420.00 and set an "outperform" rating for the company in a research note on Tuesday, July 21st. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Domino's Pizza currently has a consensus rating of "Hold" and an average price target of $397.42.

Domino's Pizza Stock Up 0.3%

Shares of DPZ stock opened at $349.91 on Wednesday. The company's fifty day simple moving average is $326.86 and its two-hundred day simple moving average is $346.39. Domino's Pizza Inc has a 52 week low of $282.00 and a 52 week high of $469.00. The stock has a market cap of $11.58 billion, a P/E ratio of 19.85, a PEG ratio of 1.68 and a beta of 0.94.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts' consensus estimates of $4.17 by ($0.10). Domino's Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm had revenue of $1.19 billion for the quarter. During the same period last year, the firm posted $3.81 EPS. The firm's quarterly revenue was up 4.3% on a year-over-year basis. On average, analysts anticipate that Domino's Pizza Inc will post 18.88 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. Domino's Pizza's dividend payout ratio is presently 45.15%.

Insider Buying and Selling

In other Domino's Pizza news, EVP Kelly E. Garcia sold 12,430 shares of the firm's stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the transaction, the executive vice president owned 9,352 shares in the company, valued at $3,011,718.08. This trade represents a 57.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Russell J. Weiner sold 10,850 shares of Domino's Pizza stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the sale, the chief executive officer directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 24,254 shares of company stock valued at $7,888,924. 0.89% of the stock is owned by corporate insiders.

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.

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