Junto Capital Management LP Takes $20.06 Million Position in Domino's Pizza Inc $DPZ

Key Points

• Junto Capital Management LP has acquired a new stake in Domino's Pizza, purchasing 43,652 shares valued at approximately $20 million during the first quarter, representing a 0.13% ownership of the company.
• The company reported quarterly earnings of $3.81 EPS, falling short of analysts' expectations of $3.93, while revenue increased by 4.3% year-over-year to $1.15 billion.
• Domino's Pizza recently declared a quarterly dividend of $1.74 per share, which translates to an annualized yield of 1.5% with a payout ratio of 40.42%.

Junto Capital Management LP acquired a new position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,652 shares of the restaurant operator's stock, valued at approximately $20,056,000. Junto Capital Management LP owned about 0.13% of Domino's Pizza as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Berkshire Hathaway Inc grew its position in Domino's Pizza by 86.5% during the fourth 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. GAMMA Investing LLC grew its position in Domino's Pizza by 53,740.4% during the first 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. Charles Schwab Investment Management Inc. acquired a new stake in Domino's Pizza during the first quarter worth approximately $110,348,000. Invesco Ltd. grew its position in Domino's Pizza by 32.9% during the first quarter. Invesco Ltd. now owns 809,658 shares of the restaurant operator's stock worth $371,997,000 after buying an additional 200,622 shares in the last quarter. Finally, Bristol Gate Capital Partners Inc. acquired a new stake in Domino's Pizza during the first quarter worth approximately $92,085,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino's Pizza Trading Down 0.1%

NASDAQ:DPZ traded down $0.70 during trading hours on Wednesday, hitting $466.60. 382,322 shares of the company were exchanged, compared to its average volume of 646,977. The stock has a market capitalization of $15.84 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 2.51 and a beta of 1.09. Domino's Pizza Inc has a one year low of $396.06 and a one year high of $500.55. The company has a fifty day simple moving average of $458.37 and a 200 day simple moving average of $464.33.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its 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 negative return on equity of 15.09% and a net margin of 12.49%.The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the business earned $4.03 earnings per share. The firm's revenue for the quarter was up 4.3% on a year-over-year basis. 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, September 15th. Domino's Pizza's dividend payout ratio (DPR) is presently 40.42%.

Insiders Place Their Bets

In other Domino's Pizza news, Director James A. Goldman sold 1,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the completion of the sale, the director directly owned 3,384 shares in the company, valued at approximately $1,527,842.16. This trade represents a 22.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.83% of the company's stock.

Wall Street Analyst Weigh In

DPZ has been the subject of several recent analyst reports. Barclays upped their target price on Domino's Pizza from $420.00 to $425.00 and gave the stock an "underweight" rating in a research note on Monday, July 21st. Guggenheim upped their target price on Domino's Pizza from $485.00 to $490.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 27th. Melius started coverage on 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 increased their price target on Domino's Pizza from $564.00 to $574.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Finally, Benchmark increased their price target on Domino's Pizza from $535.00 to $540.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $490.78.

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.