Domino’s Pizza Inc $DPZ Stake Lifted by Lido Advisors LLC

Lido Advisors LLC raised its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 14.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 79,196 shares of the restaurant operator’s stock after acquiring an additional 10,002 shares during the quarter. Lido Advisors LLC owned approximately 0.24% of Domino’s Pizza worth $23,728,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Pinnacle Bancorp Inc. grew its stake in shares of Domino’s Pizza by 121.6% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 82 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 45 shares during the period. Balance Wealth Partners LLC purchased a new position in shares of Domino’s Pizza during the 3rd quarter valued at approximately $27,000. Rakuten Securities Inc. acquired a new position in shares of Domino’s Pizza in the 2nd quarter valued at $28,000. Investors Research Corp lifted its stake in shares of Domino’s Pizza by 9,900.0% in the 2nd quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 99 shares during the period. Finally, Cornerstone Planning Group LLC lifted its stake in shares of Domino’s Pizza by 450.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after purchasing an additional 81 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on DPZ shares. UBS Group reissued a “buy” rating on shares of Domino’s Pizza in a report on Monday, October 5th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Domino’s Pizza in a report on Wednesday, October 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Domino’s Pizza in a report on Wednesday, August 26th. Berenberg Bank upgraded shares of Domino’s Pizza to a “strong-buy” rating in a research report on Monday, October 5th. Finally, Citigroup lowered their target price on shares of Domino’s Pizza from $335.00 to $308.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average target price of $380.87.

Domino’s Pizza Trading Down 0.4%

Shares of DPZ opened at $328.60 on Thursday. The firm has a market cap of $10.81 billion, a P/E ratio of 18.10, a PEG ratio of 1.52 and a beta of 0.95. Domino’s Pizza Inc has a 12 month low of $282.00 and a 12 month high of $442.35. The stock’s 50 day moving average is $312.49 and its two-hundred day moving average is $340.49.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.33 by $0.27. The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $4.08 earnings per share. Equities research analysts forecast that Domino’s Pizza Inc will post 19.10 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Tuesday, December 15th will be paid a $1.99 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.4%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 43.86%.

About Domino’s Pizza

Domino’s Pizza, Inc. is a global pizza company that operates and franchises restaurants specializing in delivery and carryout. Its menu includes pizzas, chicken wings, sandwiches, pasta, bread sides, desserts and beverages, with offerings varying by location. The company traces its roots to a pizza shop opened in Ypsilanti, Michigan, in 1960. It adopted the Domino’s Pizza name in 1965 and has since grown through a predominantly franchised business model, serving customers in the United States and international markets.