Stephens Inc. AR Reduces Holdings in Domino’s Pizza Inc $DPZ

Stephens Inc. AR trimmed its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 6.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,170 shares of the restaurant operator’s stock after selling 145 shares during the quarter. Stephens Inc. AR’s holdings in Domino’s Pizza were worth $978,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of DPZ. Alpine Bank Wealth Management purchased a new position in Domino’s Pizza during the first quarter worth $25,000. RMG Wealth Management LLC purchased a new stake in shares of Domino’s Pizza during the second quarter valued at $25,000. LRI Investments LLC purchased a new stake in shares of Domino’s Pizza during the first quarter valued at $27,000. Zions Bancorporation National Association UT purchased a new stake in shares of Domino’s Pizza during the first quarter valued at $27,000. Finally, Signature Resources Capital Management LLC purchased a new stake in shares of Domino’s Pizza during the second quarter valued at $29,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on DPZ shares. Benchmark boosted their target price on shares of Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Weiss Ratings lowered shares of Domino’s Pizza from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Melius started coverage on Domino’s Pizza in a report on Monday, July 14th. They issued a “hold” rating and a $500.00 price objective for the company. TD Cowen restated a “buy” rating and issued a $510.00 price objective on shares of Domino’s Pizza in a report on Tuesday, October 14th. Finally, Guggenheim lifted their price objective on Domino’s Pizza from $485.00 to $490.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $489.92.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $414.86 on Friday. The company has a market capitalization of $14.02 billion, a PE ratio of 24.25, a P/E/G ratio of 2.23 and a beta of 1.12. The company has a 50-day simple moving average of $436.64 and a two-hundred day simple moving average of $456.50. Domino’s Pizza Inc has a one year low of $397.12 and a one year high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, topping analysts’ consensus estimates of $3.96 by $0.12. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $4.19 earnings per share. On average, equities analysts predict that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be issued a $1.74 dividend. The ex-dividend date is Monday, December 15th. This represents a $6.96 dividend on an annualized basis and a yield of 1.7%. Domino’s Pizza’s payout ratio is currently 40.68%.

Insider Buying and Selling

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director directly owned 3,384 shares in the company, valued at approximately $1,527,842.16. The trade was a 22.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.83% of the company’s stock.

Domino’s Pizza 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.