Atria Wealth Solutions Inc. Grows Position in Domino's Pizza Inc (NASDAQ:DPZ)

Atria Wealth Solutions Inc. boosted its stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 131.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,592 shares of the restaurant operator's stock after purchasing an additional 904 shares during the period. Atria Wealth Solutions Inc.'s holdings in Domino's Pizza were worth $732,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Sanford C. Bernstein upped their price objective on Domino's Pizza from $460.00 to $490.00 and gave the stock a "market perform" rating in a research report on Tuesday, July 22nd. Redburn Atlantic assumed coverage on Domino's Pizza in a research report on Tuesday, June 10th. They issued a "sell" rating and a $340.00 price objective on the stock. UBS Group restated a "buy" rating and issued a $540.00 price objective on shares of Domino's Pizza in a research report on Tuesday, July 22nd. BMO Capital Markets upped their price objective on Domino's Pizza from $515.00 to $540.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. Finally, Royal Bank Of Canada lowered Domino's Pizza from an "outperform" rating to a "sector perform" rating and lowered their price objective for the stock from $550.00 to $500.00 in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Domino's Pizza currently has a consensus rating of "Moderate Buy" and an average price target of $489.67.

Domino's Pizza Stock Performance

NASDAQ DPZ opened at $441.19 on Wednesday. The business has a fifty day moving average price of $459.43 and a 200 day moving average price of $464.98. Domino's Pizza Inc has a one year low of $396.06 and a one year high of $500.55. The company has a market cap of $14.98 billion, a P/E ratio of 25.62, a P/E/G ratio of 2.41 and a beta of 1.09.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The restaurant operator reported $3.81 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 firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the company posted $4.03 earnings per share. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, sell-side analysts predict that Domino's Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Monday, September 15th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.6%. Domino's Pizza's dividend payout ratio (DPR) is 40.42%.

About Domino's Pizza

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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