Vontobel Holding Ltd. trimmed its stake in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) by 76.1% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 2,292 shares of the restaurant operator's stock after selling 7,289 shares during the quarter. Vontobel Holding Ltd.'s holdings in Domino's Pizza were worth $1,053,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its position in shares of Domino's Pizza by 97.6% during the 4th quarter. Jones Financial Companies Lllp now owns 990 shares of the restaurant operator's stock worth $415,000 after buying an additional 489 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Domino's Pizza by 2.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,081 shares of the restaurant operator's stock worth $2,133,000 after buying an additional 137 shares during the last quarter. M&T Bank Corp lifted its position in shares of Domino's Pizza by 1.0% during the 4th quarter. M&T Bank Corp now owns 3,172 shares of the restaurant operator's stock worth $1,332,000 after buying an additional 30 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Domino's Pizza during the 4th quarter worth $15,724,000. Finally, Arizona State Retirement System lifted its position in shares of Domino's Pizza by 0.4% during the 4th quarter. Arizona State Retirement System now owns 10,031 shares of the restaurant operator's stock worth $4,211,000 after buying an additional 38 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.
Domino's Pizza Trading Up 0.8%
DPZ traded up $3.53 during trading on Tuesday, reaching $456.75. The stock had a trading volume of 145,452 shares, compared to its average volume of 640,405. The stock's 50 day moving average is $469.03 and its two-hundred day moving average is $458.26. The company has a market capitalization of $15.64 billion, a price-to-earnings ratio of 26.19, a P/E/G ratio of 2.57 and a beta of 1.09. Domino's Pizza Inc has a one year low of $396.06 and a one year high of $509.09.
Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating the consensus estimate of $4.12 by $0.21. Domino's Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same period last year, the firm posted $3.58 earnings per share. Domino's Pizza's revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts predict 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 announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $1.74 dividend. The ex-dividend date was Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.52%. Domino's Pizza's payout ratio is 39.91%.
Analysts Set New Price Targets
DPZ has been the subject of a number of analyst reports. Wells Fargo & Company raised their price objective on Domino's Pizza from $445.00 to $465.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 29th. BMO Capital Markets lifted their target price on Domino's Pizza from $515.00 to $540.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. Stephens reiterated an "equal weight" rating and set a $440.00 price target on shares of Domino's Pizza in a report on Wednesday, April 2nd. Hsbc Global Res upgraded Domino's Pizza to a "strong-buy" rating in a research note on Tuesday, April 22nd. Finally, TD Securities reiterated a "buy" rating and issued a $490.00 price target on shares of Domino's Pizza in a research report on Monday, April 28th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Domino's Pizza currently has a consensus rating of "Moderate Buy" and a consensus target price of $487.17.
Check Out Our Latest Stock Report on Domino's Pizza
About Domino's Pizza
(
Free Report)
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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