Liberty One Investment Management LLC Buys New Position in Domino's Pizza Inc (NASDAQ:DPZ)

Liberty One Investment Management LLC purchased a new stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,436 shares of the restaurant operator's stock, valued at approximately $4,795,000.

Other institutional investors also recently bought and sold shares of the company. Crossmark Global Holdings Inc. increased its position in shares of Domino's Pizza by 23.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 2,103 shares of the restaurant operator's stock worth $966,000 after purchasing an additional 394 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Domino's Pizza by 9.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 402,412 shares of the restaurant operator's stock valued at $184,888,000 after acquiring an additional 33,105 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Domino's Pizza by 1.1% during the 1st quarter. Concurrent Investment Advisors LLC now owns 2,382 shares of the restaurant operator's stock worth $1,094,000 after buying an additional 25 shares during the last quarter. HM Payson & Co. lifted its holdings in shares of Domino's Pizza by 103,566.7% in the 1st quarter. HM Payson & Co. now owns 31,100 shares of the restaurant operator's stock valued at $14,289,000 after purchasing an additional 31,070 shares during the last quarter. Finally, Wayfinding Financial LLC purchased a new position in shares of Domino's Pizza during the first quarter worth approximately $65,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. BTIG Research set a $530.00 price target on Domino's Pizza and gave the stock a "buy" rating in a report on Monday, April 28th. Redburn Atlantic started coverage on Domino's Pizza in a research note on Tuesday, June 10th. They set a "sell" rating and a $340.00 price target for the company. Guggenheim reiterated a "neutral" rating on shares of Domino's Pizza in a research report on Thursday, May 15th. Hsbc Global Res raised shares of Domino's Pizza to a "strong-buy" rating in a research note on Tuesday, April 22nd. Finally, Loop Capital raised their target price on shares of Domino's Pizza from $555.00 to $564.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Domino's Pizza currently has a consensus rating of "Moderate Buy" and a consensus target price of $487.17.

Domino's Pizza Stock Performance

Domino's Pizza stock traded up $4.75 during trading on Wednesday, reaching $464.18. The company had a trading volume of 200,356 shares, compared to its average volume of 640,583. Domino's Pizza Inc has a 12-month low of $396.06 and a 12-month high of $501.45. The stock's 50 day moving average price is $468.35 and its two-hundred day moving average price is $458.27. The firm has a market capitalization of $15.89 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 2.58 and a beta of 1.09.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates 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 revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.58 EPS. As a group, research analysts expect that Domino's Pizza Inc will post 16.74 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Friday, June 13th. Domino's Pizza's dividend payout ratio is currently 39.91%.

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.