Oregon Public Employees Retirement Fund grew its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 40.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,199 shares of the restaurant operator’s stock after purchasing an additional 6,684 shares during the quarter. Oregon Public Employees Retirement Fund owned about 0.06% of Domino’s Pizza worth $6,546,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of DPZ. FMR LLC boosted its stake in Domino’s Pizza by 150.2% in the second quarter. FMR LLC now owns 1,184,342 shares of the restaurant operator’s stock worth $334,186,000 after purchasing an additional 711,035 shares in the last quarter. BlackRock Inc. boosted its stake in Domino’s Pizza by 5.8% in the second quarter. BlackRock Inc. now owns 5,316,377 shares of the restaurant operator’s stock worth $1,500,121,000 after purchasing an additional 292,482 shares in the last quarter. Scopus Asset Management L.P. boosted its stake in Domino’s Pizza by 138.9% in the first quarter. Scopus Asset Management L.P. now owns 77,735 shares of the restaurant operator’s stock worth $18,156,000 after purchasing an additional 277,735 shares in the last quarter. black and white Capital LP acquired a new position in shares of Domino’s Pizza during the first quarter valued at $28,728,000. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of Domino’s Pizza by 541.9% during the first quarter. BNP Paribas Arbitrage SA now owns 97,897 shares of the restaurant operator’s stock valued at $22,865,000 after acquiring an additional 82,646 shares during the period. 96.47% of the stock is currently owned by institutional investors.
In related news, insider J Patrick Doyle sold 25,600 shares of the company’s stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $301.15, for a total value of $7,709,440.00. Following the completion of the sale, the insider now owns 49,670 shares in the company, valued at $14,958,120.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Russell J. Weiner sold 4,404 shares of the company’s stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $293.88, for a total value of $1,294,247.52. Following the completion of the sale, the chief operating officer now owns 13,738 shares of the company’s stock, valued at approximately $4,037,323.44. The disclosure for this sale can be found here. Insiders sold 40,004 shares of company stock valued at $11,956,888 in the last quarter. 3.97% of the stock is currently owned by corporate insiders.
Several equities analysts have recently issued reports on DPZ shares. TheStreet lowered Domino’s Pizza from a “b” rating to a “c+” rating in a research note on Monday, May 14th. Zacks Investment Research raised Domino’s Pizza from a “hold” rating to a “buy” rating and set a $283.00 price target on the stock in a research note on Monday, May 28th. Maxim Group lowered Domino’s Pizza from a “buy” rating to a “hold” rating and upped their price target for the company from $166.74 to $270.00 in a research note on Friday, June 8th. They noted that the move was a valuation call. ValuEngine raised Domino’s Pizza from a “hold” rating to a “buy” rating in a research note on Monday, June 11th. Finally, Citigroup upped their price target on Domino’s Pizza from $232.00 to $281.00 and gave the company a “neutral” rating in a research note on Thursday, June 14th. Ten investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $268.48.
NYSE DPZ opened at $290.53 on Friday. The stock has a market capitalization of $12.14 billion, a P/E ratio of 54.41, a P/E/G ratio of 1.82 and a beta of 0.25. The company has a quick ratio of 1.70, a current ratio of 1.81 and a debt-to-equity ratio of -1.17. Domino’s Pizza, Inc. has a 12 month low of $166.74 and a 12 month high of $305.34.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, July 19th. The restaurant operator reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.10. The business had revenue of $779.40 million during the quarter, compared to the consensus estimate of $786.88 million. Domino’s Pizza had a negative return on equity of 11.29% and a net margin of 10.19%. The firm’s revenue was up 24.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.32 earnings per share. equities research analysts predict that Domino’s Pizza, Inc. will post 8.31 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a $0.55 dividend. The ex-dividend date is Thursday, September 13th. This represents a $2.20 dividend on an annualized basis and a yield of 0.76%. Domino’s Pizza’s dividend payout ratio is presently 41.20%.
About Domino’s Pizza
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.
Further Reading: How to Invest in Marijuana Stocks
Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino’s Pizza, Inc. (NYSE:DPZ).
Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with MarketBeat.com's FREE daily email newsletter.