Jefferies Financial Group Inc. Takes Position in Domino’s Pizza Inc $DPZ

Jefferies Financial Group Inc. purchased a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,810 shares of the restaurant operator’s stock, valued at approximately $754,000.

Other institutional investors also recently modified their holdings of the company. Johnson Financial Group Inc. raised its holdings in Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after acquiring an additional 56 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in Domino’s Pizza during the second quarter worth about $46,000. Smartleaf Asset Management LLC raised its holdings in Domino’s Pizza by 64.2% during the third quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 43 shares in the last quarter. Activest Wealth Management raised its holdings in Domino’s Pizza by 411.5% during the third quarter. Activest Wealth Management now owns 133 shares of the restaurant operator’s stock worth $58,000 after acquiring an additional 107 shares in the last quarter. Finally, Atlantic Union Bankshares Corp raised its holdings in Domino’s Pizza by 85.5% during the third quarter. Atlantic Union Bankshares Corp now owns 141 shares of the restaurant operator’s stock worth $61,000 after acquiring an additional 65 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on DPZ shares. Evercore dropped their target price on Domino’s Pizza from $510.00 to $400.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. Piper Sandler dropped their target price on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Northcoast Research dropped their target price on Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Rothschild & Co Redburn dropped their target price on Domino’s Pizza from $340.00 to $290.00 in a report on Monday, May 11th. Finally, BTIG Research dropped their target price on Domino’s Pizza from $500.00 to $450.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $418.13.

Domino’s Pizza Stock Up 0.1%

Shares of NASDAQ DPZ opened at $310.56 on Friday. The business’s 50 day moving average price is $344.86 and its two-hundred day moving average price is $386.02. The company has a market cap of $10.33 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 1.44 and a beta of 1.02. Domino’s Pizza Inc has a twelve month low of $297.48 and a twelve month high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). The business had revenue of $1.15 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.33 earnings per share. As a group, research analysts anticipate that Domino’s Pizza Inc will post 19.14 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s payout ratio is 45.83%.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $313.16, for a total transaction of $152,822.08. Following the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at $2,928,672.32. The trade was a 4.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.89% of the stock is currently owned by company insiders.

About Domino’s Pizza

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.