ASR Vermogensbeheer N.V. purchased a new position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,939 shares of the restaurant operator's stock, valued at approximately $1,350,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Endowment Wealth Management Inc. purchased a new position in shares of Domino's Pizza during the 1st quarter worth approximately $236,000. Atria Wealth Solutions Inc. boosted its position in shares of Domino's Pizza by 131.4% during the 1st quarter. Atria Wealth Solutions Inc. now owns 1,592 shares of the restaurant operator's stock worth $732,000 after purchasing an additional 904 shares during the period. IPG Investment Advisors LLC purchased a new position in shares of Domino's Pizza during the 1st quarter worth approximately $276,000. ING Groep NV purchased a new position in shares of Domino's Pizza during the 1st quarter worth approximately $8,504,000. Finally, JCP Investment Management LLC purchased a new position in shares of Domino's Pizza during the 1st quarter worth approximately $12,405,000. Institutional investors and hedge funds own 94.63% of the company's stock.
Domino's Pizza Trading Down 0.5%
Domino's Pizza stock traded down $2.38 during midday trading on Friday, reaching $440.04. The company's stock had a trading volume of 469,064 shares, compared to its average volume of 795,982. The stock has a market cap of $14.94 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The business has a 50-day moving average price of $460.41 and a 200-day moving average price of $465.10. Domino's Pizza Inc has a 52 week low of $396.06 and a 52 week high of $500.55.
Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The restaurant operator reported $3.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.93 by ($0.12). Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the firm posted $4.03 earnings per share. Domino's Pizza's quarterly revenue was up 4.3% compared to the same quarter last year. As a group, research analysts predict that Domino's Pizza Inc will post 16.74 EPS for the current fiscal year.
Domino's Pizza Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, September 15th. Domino's Pizza's dividend payout ratio is 40.42%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on DPZ shares. BTIG Research set a $530.00 price target on shares of Domino's Pizza and gave the company a "buy" rating in a research report on Monday, April 28th. Bank of America raised their price target on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. BMO Capital Markets raised their price target on shares of Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. Argus reissued a "hold" rating and issued a $490.00 price target on shares of Domino's Pizza in a research report on Tuesday, April 29th. Finally, Morgan Stanley raised their price target on shares of Domino's Pizza from $510.00 to $514.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $489.67.
Get Our Latest Research Report on Domino's Pizza
Domino's Pizza Profile
(
Free Report)
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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