Scopus Asset Management L.P. lifted its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 138.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 77,735 shares of the restaurant operator’s stock after purchasing an additional 277,735 shares during the quarter. Scopus Asset Management L.P. owned 0.18% of Domino’s Pizza worth $18,156,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently added to or reduced their stakes in DPZ. black and white Capital LP acquired a new stake in shares of Domino’s Pizza during the 1st quarter worth approximately $28,728,000. Point72 Asset Management L.P. raised its position in Domino’s Pizza by 1,990.3% in the 1st quarter. Point72 Asset Management L.P. now owns 52,257 shares of the restaurant operator’s stock valued at $12,205,000 after purchasing an additional 49,757 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of Domino’s Pizza by 2.8% during the first quarter. Guggenheim Capital LLC now owns 34,006 shares of the restaurant operator’s stock worth $7,943,000 after acquiring an additional 912 shares during the last quarter. LPL Financial LLC raised its position in shares of Domino’s Pizza by 79.4% during the first quarter. LPL Financial LLC now owns 3,366 shares of the restaurant operator’s stock worth $786,000 after acquiring an additional 1,490 shares during the last quarter. Finally, Natixis bought a new stake in shares of Domino’s Pizza during the first quarter worth $1,969,000. Institutional investors and hedge funds own 98.24% of the company’s stock.
A number of equities research analysts recently commented on DPZ shares. Oppenheimer lifted their price objective on Domino’s Pizza from $240.00 to $245.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 17th. ValuEngine upgraded Domino’s Pizza from a “sell” rating to a “hold” rating in a report on Tuesday, March 27th. TheStreet lowered Domino’s Pizza from a “b” rating to a “c+” rating in a report on Monday, May 14th. Robert W. Baird assumed coverage on Domino’s Pizza in a report on Monday, March 5th. They set an “outperform” rating and a $260.00 target price on the stock. Finally, Morgan Stanley upped their price objective on Domino’s Pizza from $236.00 to $238.00 and gave the company an “equal weight” rating in a research note on Monday, March 26th. Ten equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $263.00.
Shares of DPZ stock opened at $282.17 on Friday. The firm has a market cap of $11.93 billion, a price-to-earnings ratio of 43.20, a price-to-earnings-growth ratio of 1.77 and a beta of 0.35. The company has a current ratio of 1.39, a quick ratio of 1.29 and a debt-to-equity ratio of -1.12. Domino’s Pizza, Inc. has a 1 year low of $166.74 and a 1 year high of $293.81.
Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Thursday, April 26th. The restaurant operator reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.23. The company had revenue of $785.40 million during the quarter, compared to analyst estimates of $688.15 million. Domino’s Pizza had a net margin of 10.32% and a negative return on equity of 11.97%. The firm’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 earnings per share. sell-side analysts expect that Domino’s Pizza, Inc. will post 8.29 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 29th. Stockholders of record on Friday, June 15th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Thursday, June 14th. Domino’s Pizza’s dividend payout ratio (DPR) is 41.20%.
In related news, insider J Patrick Doyle sold 20,842 shares of the stock in a transaction dated Tuesday, June 5th. The shares were sold at an average price of $264.42, for a total value of $5,511,041.64. Following the completion of the transaction, the insider now directly owns 24,670 shares of the company’s stock, valued at $6,523,241.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 3.97% of the company’s stock.
Domino’s Pizza Profile
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates through three segments: Domestic Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.
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