Drucker Wealth 3.0 LLC Purchases Shares of 872 Domino's Pizza Inc $DPZ

Key Points

• Drucker Wealth 3.0 LLC acquired 872 shares of Domino's Pizza Inc, valued at approximately $404,000, as part of its new stake reported in the 2nd quarter.
• Domino's Pizza recently reported quarterly earnings of $3.81 per share, missing analysts' expectations, but its revenue increased by 4.3% year-over-year.
• The company declared a quarterly dividend of $1.74 per share, equating to an annualized yield of 1.7%, reinforcing its commitment to return value to shareholders.

Drucker Wealth 3.0 LLC purchased a new stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 872 shares of the restaurant operator's stock, valued at approximately $404,000.

Other institutional investors also recently bought and sold shares of the company. Alpine Bank Wealth Management purchased a new stake in shares of Domino's Pizza during the 1st quarter valued at $25,000. RMG Wealth Management LLC purchased a new stake in shares of Domino's Pizza during the 2nd quarter valued at $25,000. LRI Investments LLC purchased a new stake in shares of Domino's Pizza during the 1st quarter valued at $27,000. Zions Bancorporation National Association UT purchased a new stake in shares of Domino's Pizza during the 1st quarter valued at $27,000. Finally, Signature Resources Capital Management LLC purchased a new stake in shares of Domino's Pizza during the 2nd quarter valued at $29,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino's Pizza Trading Up 0.3%

Shares of Domino's Pizza stock opened at $406.37 on Friday. The company has a fifty day moving average price of $442.41 and a 200 day moving average price of $458.97. The stock has a market cap of $13.80 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 2.23 and a beta of 1.12. Domino's Pizza Inc has a twelve month low of $397.12 and a twelve month high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The restaurant operator reported $3.81 earnings per share for the quarter, missing analysts' consensus estimates of $3.93 by ($0.12). The firm had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.14 billion. Domino's Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The business's quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $4.03 earnings per share. Analysts forecast that Domino's Pizza Inc will post 16.74 earnings per share for the current year.

Domino's Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, September 15th. Domino's Pizza's dividend payout ratio is presently 40.42%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DPZ. Melius began coverage on shares of Domino's Pizza in a research note on Monday, July 14th. They set a "hold" rating and a $500.00 price objective for the company. Barclays lowered their price objective on shares of Domino's Pizza from $425.00 to $405.00 and set an "underweight" rating for the company in a research note on Wednesday. Morgan Stanley upped their price target on shares of Domino's Pizza from $520.00 to $535.00 and gave the stock an "overweight" rating in a research report on Wednesday. Citigroup decreased their price target on shares of Domino's Pizza from $500.00 to $480.00 and set a "neutral" rating for the company in a research report on Tuesday, September 30th. Finally, Piper Sandler decreased their price target on shares of Domino's Pizza from $477.00 to $443.00 and set a "neutral" rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $493.30.

Insiders Place Their Bets

In other Domino's Pizza news, Director James A. Goldman sold 1,000 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director directly owned 3,384 shares of the company's stock, valued at $1,527,842.16. This represents a 22.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.83% of the stock is currently owned by insiders.

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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