HS Management Partners LLC Has $42.67 Million Position in Domino’s Pizza Inc (NASDAQ:DPZ)

HS Management Partners LLC reduced its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 3.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,865 shares of the restaurant operator’s stock after selling 3,275 shares during the period. Domino’s Pizza accounts for approximately 3.5% of HS Management Partners LLC’s investment portfolio, making the stock its 18th biggest holding. HS Management Partners LLC owned approximately 0.27% of Domino’s Pizza worth $42,667,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of DPZ. Forum Financial Management LP bought a new position in shares of Domino’s Pizza during the 1st quarter worth about $220,000. Tributary Capital Management LLC bought a new position in shares of Domino’s Pizza during the 1st quarter worth about $759,000. Larson Financial Group LLC boosted its position in shares of Domino’s Pizza by 24.3% during the 1st quarter. Larson Financial Group LLC now owns 1,264 shares of the restaurant operator’s stock worth $581,000 after purchasing an additional 247 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Domino’s Pizza by 1.6% during the 1st quarter. Wealthfront Advisers LLC now owns 5,384 shares of the restaurant operator’s stock worth $2,474,000 after purchasing an additional 86 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of Domino’s Pizza during the 1st quarter worth about $27,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Down 0.6%

NASDAQ:DPZ opened at $465.95 on Friday. The firm has a market capitalization of $15.95 billion, a price-to-earnings ratio of 26.72, a price-to-earnings-growth ratio of 2.66 and a beta of 1.09. Domino’s Pizza Inc has a twelve month low of $396.06 and a twelve month high of $500.55. The stock’s 50 day moving average price is $466.13 and its two-hundred day moving average price is $460.25.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.21. The business 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 quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $3.58 EPS. As a group, analysts anticipate that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a $1.74 dividend. The ex-dividend date was Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a yield of 1.49%. Domino’s Pizza’s payout ratio is presently 39.91%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Domino’s Pizza from $445.00 to $465.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 29th. Citigroup lifted their target price on shares of Domino’s Pizza from $480.00 to $500.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 29th. Benchmark lifted their target price on shares of Domino’s Pizza from $520.00 to $535.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Morgan Stanley lifted their target price on shares of Domino’s Pizza from $510.00 to $514.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Finally, BTIG Research set a $530.00 target price on shares of Domino’s Pizza and gave the stock a “buy” rating in a research report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $487.84.

Domino’s Pizza Company 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.