Andina Capital Management LLC Purchases Shares of 976 Domino's Pizza Inc $DPZ

Key Points

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Andina Capital Management LLC purchased a new stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 976 shares of the restaurant operator's stock, valued at approximately $448,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Praxis Investment Management Inc. bought a new position in Domino's Pizza during the 1st quarter valued at approximately $414,000. Sowell Financial Services LLC purchased a new position in shares of Domino's Pizza during the 1st quarter worth approximately $282,000. Merit Financial Group LLC grew its holdings in shares of Domino's Pizza by 88.5% during the 1st quarter. Merit Financial Group LLC now owns 1,591 shares of the restaurant operator's stock worth $731,000 after acquiring an additional 747 shares during the period. GAMMA Investing LLC grew its holdings in shares of Domino's Pizza by 53,740.4% during the 1st quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock worth $119,480,000 after acquiring an additional 259,566 shares during the period. Finally, Cornerstone Wealth Group LLC grew its holdings in shares of Domino's Pizza by 41.0% during the 1st quarter. Cornerstone Wealth Group LLC now owns 20,417 shares of the restaurant operator's stock worth $9,381,000 after acquiring an additional 5,939 shares during the period. Institutional investors own 94.63% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on DPZ shares. Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a report on Thursday, May 15th. TD Securities restated a "buy" rating and issued a $490.00 price target on shares of Domino's Pizza in a research note on Monday, April 28th. Wells Fargo & Company upped their price target on Domino's Pizza from $465.00 to $490.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 22nd. Sanford C. Bernstein upped their price target on Domino's Pizza from $460.00 to $490.00 and gave the stock a "market perform" rating in a research note on Tuesday, July 22nd. Finally, BMO Capital Markets upped their price target on Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $489.67.

Domino's Pizza Price Performance

NASDAQ DPZ opened at $444.85 on Tuesday. The business's fifty day moving average price is $458.15 and its 200-day moving average price is $465.50. The stock has a market capitalization of $15.10 billion, a price-to-earnings ratio of 25.83, a PEG ratio of 2.47 and a beta of 1.09. Domino's Pizza Inc has a 1-year low of $396.06 and a 1-year high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The restaurant operator reported $3.81 earnings per share for the quarter, missing the consensus estimate of $3.93 by ($0.12). The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. Domino's Pizza's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $4.03 earnings per share. Equities research analysts anticipate that Domino's Pizza Inc will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, September 15th. Domino's Pizza's dividend payout ratio is presently 40.42%.

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.

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