Domino's Pizza Inc (NASDAQ:DPZ) Stock Holdings Lifted by Parr Mcknight Wealth Management Group LLC

Parr Mcknight Wealth Management Group LLC increased its stake in Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 31.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,902 shares of the restaurant operator's stock after purchasing an additional 698 shares during the quarter. Parr Mcknight Wealth Management Group LLC's holdings in Domino's Pizza were worth $1,333,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DPZ. Lodestone Wealth Management LLC grew its stake in shares of Domino's Pizza by 4.4% during the first quarter. Lodestone Wealth Management LLC now owns 587 shares of the restaurant operator's stock valued at $270,000 after acquiring an additional 25 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Domino's Pizza by 1.1% during the first quarter. Concurrent Investment Advisors LLC now owns 2,382 shares of the restaurant operator's stock valued at $1,094,000 after acquiring an additional 25 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Domino's Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator's stock valued at $38,000 after acquiring an additional 26 shares in the last quarter. Robbins Farley grew its stake in shares of Domino's Pizza by 0.3% during the first quarter. Robbins Farley now owns 8,349 shares of the restaurant operator's stock valued at $3,836,000 after acquiring an additional 29 shares in the last quarter. Finally, Level Four Advisory Services LLC grew its stake in Domino's Pizza by 3.3% in the fourth quarter. Level Four Advisory Services LLC now owns 979 shares of the restaurant operator's stock worth $411,000 after purchasing an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Performance

Shares of DPZ traded down $5.44 during mid-day trading on Friday, reaching $464.48. 421,654 shares of the company's stock traded hands, compared to its average volume of 640,957. The business's 50-day moving average price is $467.58 and its 200-day moving average price is $458.61. The stock has a market capitalization of $15.90 billion, a P/E ratio of 26.63, a price-to-earnings-growth ratio of 2.67 and a beta of 1.09. Domino's Pizza Inc has a 12 month low of $396.06 and a 12 month high of $500.55.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share for the quarter, topping analysts' consensus estimates of $4.12 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.58 earnings per share. Equities research analysts anticipate that Domino's Pizza Inc will post 16.74 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $1.74 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $6.96 annualized dividend and a dividend yield of 1.50%. Domino's Pizza's dividend payout ratio (DPR) is 39.91%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Robert W. Baird lifted their price target on Domino's Pizza from $500.00 to $535.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Wells Fargo & Company lifted their price target on Domino's Pizza from $445.00 to $465.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 29th. Bank of America lifted their price target on Domino's Pizza from $520.00 to $549.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Loop Capital lifted their price target on Domino's Pizza from $555.00 to $564.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Finally, Morgan Stanley lifted their price target on Domino's Pizza from $510.00 to $514.00 and gave the stock an "overweight" rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Domino's Pizza presently has an average rating of "Moderate Buy" and an average price target of $487.33.

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.