MBB Public Markets I LLC Purchases New Shares in Domino's Pizza Inc $DPZ

Key Points

• MBB Public Markets I LLC has acquired a new stake in Domino's Pizza, purchasing 681 shares valued at approximately $313,000 during the first quarter.
• A substantial number of institutional investors have increased their stakes in Domino's Pizza, with Jones Financial Companies Lllp boosting its investment by an extraordinary 2,235.4% to own over $10.6 million worth of shares.
• Domino's recently announced a quarterly dividend of $1.74, representing an annualized yield of 1.5%, with the record date set for September 15th.

MBB Public Markets I LLC acquired a new stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 681 shares of the restaurant operator's stock, valued at approximately $313,000.

A number of other institutional investors have also recently bought and sold shares of the business. Captrust Financial Advisors grew its stake in shares of Domino's Pizza by 54.7% during the 4th quarter. Captrust Financial Advisors now owns 1,863 shares of the restaurant operator's stock worth $782,000 after acquiring an additional 659 shares during the period. Cetera Investment Advisers grew its stake in shares of Domino's Pizza by 9.9% during the 4th quarter. Cetera Investment Advisers now owns 12,828 shares of the restaurant operator's stock worth $5,385,000 after acquiring an additional 1,157 shares during the period. Fiduciary Trust Co bought a new position in shares of Domino's Pizza during the 4th quarter worth $204,000. Ensign Peak Advisors Inc grew its stake in shares of Domino's Pizza by 3.2% during the 4th quarter. Ensign Peak Advisors Inc now owns 28,615 shares of the restaurant operator's stock worth $12,011,000 after acquiring an additional 898 shares during the period. Finally, Hudson Bay Capital Management LP bought a new position in shares of Domino's Pizza during the 4th quarter worth $5,029,000. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Down 1.0%

Shares of DPZ traded down $4.57 during mid-day trading on Friday, hitting $452.05. 437,263 shares of the company's stock traded hands, compared to its average volume of 579,706. Domino's Pizza Inc has a 1 year low of $397.12 and a 1 year high of $500.55. The firm has a market capitalization of $15.35 billion, a P/E ratio of 26.25, a PEG ratio of 2.50 and a beta of 1.09. The business's 50-day moving average price is $459.35 and its 200-day moving average price is $463.80.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last posted 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 net margin of 12.49% and a negative return on equity of 15.09%. The business had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.14 billion. During the same period last year, the firm posted $4.03 earnings per share. Domino's Pizza's quarterly revenue was up 4.3% on a year-over-year basis. Sell-side analysts anticipate that Domino's Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino's Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $1.74 per share. The ex-dividend date is Monday, September 15th. This represents a $6.96 annualized dividend and a dividend yield of 1.5%. Domino's Pizza's payout ratio is currently 40.42%.

Insider Buying and Selling at Domino's Pizza

In related news, Director James A. Goldman sold 1,000 shares of Domino's Pizza stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the sale, the director directly owned 3,384 shares in the company, valued at $1,527,842.16. The trade was a 22.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.83% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DPZ shares. Royal Bank Of Canada downgraded Domino's Pizza from an "outperform" rating to a "sector perform" rating and cut their price target for the stock from $550.00 to $500.00 in a research note on Tuesday, July 29th. Guggenheim increased their price objective on Domino's Pizza from $485.00 to $490.00 and gave the stock a "neutral" rating in a report on Wednesday, August 27th. Benchmark raised their target price on Domino's Pizza from $535.00 to $540.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Sanford C. Bernstein raised their target price on Domino's Pizza from $460.00 to $490.00 and gave the stock a "market perform" rating in a research note on Tuesday, July 22nd. Finally, Redburn Atlantic assumed coverage on Domino's Pizza in a research note on Tuesday, June 10th. They issued a "sell" rating and a $340.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $490.78.

About Domino's Pizza

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.