Leonteq Securities AG Has $1.89 Million Stock Position in Domino’s Pizza Inc $DPZ

Leonteq Securities AG increased its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 89.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,260 shares of the restaurant operator’s stock after buying an additional 2,488 shares during the period. Leonteq Securities AG’s holdings in Domino’s Pizza were worth $1,887,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Domino’s Pizza by 27.2% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 7,767 shares of the restaurant operator’s stock worth $2,787,000 after acquiring an additional 1,660 shares during the last quarter. Elevation Point Wealth Partners LLC grew its position in shares of Domino’s Pizza by 234.3% in the first quarter. Elevation Point Wealth Partners LLC now owns 3,356 shares of the restaurant operator’s stock valued at $1,204,000 after purchasing an additional 2,352 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of Domino’s Pizza by 149.0% in the first quarter. Root Financial Partners LLC now owns 127 shares of the restaurant operator’s stock worth $46,000 after purchasing an additional 76 shares during the period. IFM Investors Pty Ltd bought a new position in shares of Domino’s Pizza in the first quarter worth about $2,406,000. Finally, iA Global Asset Management Inc. increased its stake in shares of Domino’s Pizza by 12.5% in the first quarter. iA Global Asset Management Inc. now owns 8,550 shares of the restaurant operator’s stock worth $3,068,000 after purchasing an additional 948 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DPZ has been the subject of several recent analyst reports. Morgan Stanley decreased their target price on Domino’s Pizza from $430.00 to $395.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 28th. Benchmark dropped their price target on Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating on the stock in a research report on Tuesday, April 28th. DA Davidson cut their price target on Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Citigroup reduced their price objective on Domino’s Pizza from $425.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 28th. Finally, Piper Sandler reduced their price objective on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Seventeen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $411.35.

Domino’s Pizza Stock Performance

NASDAQ DPZ opened at $311.66 on Friday. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $496.00. The stock has a market cap of $10.37 billion, a PE ratio of 17.94, a PEG ratio of 1.42 and a beta of 0.97. The firm has a 50-day simple moving average of $315.92 and a 200 day simple moving average of $367.59.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.29 by ($0.16). The firm had revenue of $1.15 billion for the quarter. Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the company earned $4.33 EPS. Research analysts forecast that Domino’s Pizza Inc will post 18.99 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.83%.

Insider Activity

In related news, EVP Kelly E. Garcia sold 487 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $311.74, for a total value of $151,817.38. Following the completion of the transaction, the executive vice president directly owned 9,352 shares in the company, valued at approximately $2,915,392.48. This represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 1,463 shares of company stock worth $466,807 in the last quarter. Insiders own 0.89% of the company’s stock.

Domino’s Pizza Profile

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.