Domino's Pizza Inc (NASDAQ:DPZ) Shares Purchased by William Allan Corp

William Allan Corp raised its position in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 84.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,366 shares of the restaurant operator's stock after acquiring an additional 2,454 shares during the quarter. Domino's Pizza makes up approximately 1.5% of William Allan Corp's portfolio, making the stock its 27th biggest position. William Allan Corp's holdings in Domino's Pizza were worth $2,465,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of DPZ. Wood Tarver Financial Group LLC purchased a new position in Domino's Pizza in the fourth quarter valued at $25,000. Alpine Bank Wealth Management acquired a new stake in Domino's Pizza in the 1st quarter valued at about $25,000. LRI Investments LLC acquired a new stake in Domino's Pizza in the 1st quarter valued at about $27,000. Brown Brothers Harriman & Co. boosted its stake in shares of Domino's Pizza by 1,016.7% in 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. Finally, Covestor Ltd grew its position in shares of Domino's Pizza by 158.1% during the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator's stock worth $34,000 after buying an additional 49 shares in the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino's Pizza Stock Performance

NASDAQ DPZ opened at $465.95 on Monday. The firm's fifty day moving average is $466.13 and its two-hundred day moving average is $460.71. Domino's Pizza Inc has a one year low of $396.06 and a one year high of $500.55. The firm has a market cap of $15.95 billion, a PE ratio of 26.72, a P/E/G ratio of 2.63 and a beta of 1.09.

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 12.84% and a negative return on equity of 15.45%. Research analysts predict that Domino's Pizza Inc will post 16.74 earnings per share for the current year.

Domino's Pizza Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend was Friday, June 13th. Domino's Pizza's payout ratio is currently 39.91%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. TD Securities reissued a "buy" rating and issued a $490.00 price objective on shares of Domino's Pizza in a research report on Monday, April 28th. Melius assumed coverage on shares of Domino's Pizza in a research note on Monday, July 14th. They set a "hold" rating and a $500.00 target price for the company. Loop Capital raised their price target on Domino's Pizza from $555.00 to $564.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Argus reaffirmed a "hold" rating and set a $490.00 price target on shares of Domino's Pizza in a report on Tuesday, April 29th. Finally, Citigroup increased their price objective on Domino's Pizza from $480.00 to $500.00 and gave the company a "neutral" rating in a report on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $487.84.

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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