Domino's Pizza Inc (NASDAQ:DPZ) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 1,325.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,506 shares of the restaurant operator's stock after acquiring an additional 18,138 shares during the quarter. Cerity Partners LLC owned about 0.06% of Domino's Pizza worth $8,962,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in DPZ. Berkshire Hathaway Inc lifted its holdings in Domino's Pizza by 86.5% in the 4th quarter. Berkshire Hathaway Inc now owns 2,382,000 shares of the restaurant operator's stock worth $999,868,000 after buying an additional 1,104,744 shares in the last quarter. Norges Bank acquired a new position in Domino's Pizza in the 4th quarter worth $250,571,000. GAMMA Investing LLC lifted its holdings in Domino's Pizza by 53,740.4% in the 1st quarter. GAMMA Investing LLC now owns 260,049 shares of the restaurant operator's stock worth $119,480,000 after buying an additional 259,566 shares in the last quarter. Invesco Ltd. lifted its holdings in Domino's Pizza by 46.0% in the 4th quarter. Invesco Ltd. now owns 609,036 shares of the restaurant operator's stock worth $255,649,000 after buying an additional 191,752 shares in the last quarter. Finally, Freestone Grove Partners LP acquired a new position in Domino's Pizza in the 4th quarter worth $56,647,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Domino's Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $472.94 on Tuesday. The stock has a market capitalization of $16.19 billion, a price-to-earnings ratio of 27.12, a PEG ratio of 2.64 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. The company has a 50 day moving average price of $467.18 and a 200 day moving average price of $459.22.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating the consensus estimate of $4.12 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Domino's Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.58 EPS. On average, sell-side analysts expect that Domino's Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino's Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $1.74 dividend. The ex-dividend date was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.47%. Domino's Pizza's payout ratio is 39.91%.

Analysts Set New Price Targets

DPZ has been the topic of a number of recent analyst reports. Benchmark upped their target price on shares of Domino's Pizza from $520.00 to $535.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Bank of America upped their target price on shares of Domino's Pizza from $520.00 to $549.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Stephens restated an "equal weight" rating and issued a $440.00 target price on shares of Domino's Pizza in a research note on Wednesday, April 2nd. Royal Bank Of Canada restated an "outperform" rating and issued a $550.00 target price on shares of Domino's Pizza in a research note on Monday. Finally, Barclays dropped their price objective on shares of Domino's Pizza from $425.00 to $420.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Domino's Pizza currently has an average rating of "Moderate Buy" and a consensus target price of $487.84.

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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