Domino's Pizza Inc (NASDAQ:DPZ) Shares Acquired by HM Payson & Co.

HM Payson & Co. boosted its position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 103,566.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,100 shares of the restaurant operator's stock after buying an additional 31,070 shares during the period. HM Payson & Co. owned 0.09% of Domino's Pizza worth $14,289,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DPZ. Alpine Bank Wealth Management acquired a new stake in shares of Domino's Pizza during the 1st quarter valued at approximately $25,000. Wood Tarver Financial Group LLC purchased a new stake in shares of Domino's Pizza during the 4th quarter valued at $25,000. Brown Brothers Harriman & Co. grew its stake in shares of Domino's Pizza by 1,016.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator's stock valued at $28,000 after buying an additional 61 shares during the period. Covestor Ltd grew its stake in shares of Domino's Pizza by 158.1% during the 4th quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock valued at $34,000 after buying an additional 49 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Domino's Pizza by 40.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after buying an additional 26 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino's Pizza Trading Up 0.5%

Shares of NASDAQ:DPZ opened at $456.00 on Friday. Domino's Pizza Inc has a twelve month low of $396.06 and a twelve month high of $509.09. The company's 50 day moving average is $469.77 and its 200 day moving average is $457.68. The company has a market cap of $15.61 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 2.57 and a beta of 1.09.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the prior year, the firm posted $3.58 EPS. The business's quarterly revenue was up 2.5% compared to the same quarter last year. Equities research analysts predict that Domino's Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Announces Dividend

The business also recently disclosed 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 of this dividend was Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.53%. Domino's Pizza's dividend payout ratio is presently 39.91%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DPZ. Morgan Stanley boosted their price objective on shares of Domino's Pizza from $492.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. Argus reissued a "hold" rating and set a $490.00 target price on shares of Domino's Pizza in a research note on Tuesday, April 29th. Stephens reissued an "equal weight" rating and set a $440.00 target price on shares of Domino's Pizza in a research note on Wednesday, April 2nd. BMO Capital Markets lifted their price objective on shares of Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Finally, Royal Bank Of Canada lifted their price objective on shares of Domino's Pizza from $500.00 to $550.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $487.17.

Domino's Pizza 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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