Domino's Pizza Inc $DPZ Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 20.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,968 shares of the restaurant operator's stock after acquiring an additional 11,829 shares during the period. Hsbc Holdings PLC owned 0.21% of Domino's Pizza worth $21,004,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. SHP Wealth Management purchased a new position in shares of Domino's Pizza in the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Domino's Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 34 shares during the last quarter. Johnson Financial Group Inc. lifted its holdings in shares of Domino's Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator's stock worth $36,000 after purchasing an additional 56 shares during the period. MBM Wealth Consultants LLC purchased a new position in Domino's Pizza in the 1st quarter valued at $31,000. Finally, Rakuten Securities Inc. acquired a new position in Domino's Pizza in the 2nd quarter valued at $28,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino's Pizza Trading Down 1.7%

Shares of DPZ opened at $335.41 on Wednesday. The stock has a market cap of $11.10 billion, a P/E ratio of 19.02, a PEG ratio of 1.57 and a beta of 0.94. The company has a 50-day moving average of $335.69 and a two-hundred day moving average of $343.41. Domino's Pizza Inc has a 12-month low of $282.00 and a 12-month high of $464.23.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.19 billion during the quarter. During the same quarter in the previous year, the company earned $3.81 EPS. Domino's Pizza's revenue was up 4.3% on a year-over-year basis. As a group, analysts forecast that Domino's Pizza Inc will post 18.89 EPS for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Domino's Pizza's dividend payout ratio is 45.15%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Citigroup dropped their price target on shares of Domino's Pizza from $365.00 to $335.00 and set a "neutral" rating on the stock in a research note on Tuesday, July 7th. Royal Bank Of Canada boosted their target price on Domino's Pizza from $325.00 to $350.00 and gave the stock a "sector perform" rating in a research report on Tuesday, July 21st. UBS Group increased their target price on Domino's Pizza from $375.00 to $385.00 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. Sanford C. Bernstein restated a "market perform" rating on shares of Domino's Pizza in a research note on Tuesday, July 21st. Finally, Evercore reaffirmed an "outperform" rating on shares of Domino's Pizza in a report on Thursday, July 9th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Domino's Pizza currently has a consensus rating of "Hold" and a consensus target price of $397.74.

Insider Buying and Selling at Domino's Pizza

In related news, EVP Kelly E. Garcia sold 12,430 shares of the stock in a transaction 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 sale, the executive vice president owned 9,352 shares of the company's stock, valued at $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the business's stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer directly owned 43,829 shares of the company's stock, valued at $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. Insiders have sold 24,254 shares of company stock valued at $7,888,924 in the last three months. 0.89% of the stock is currently owned by company 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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