Sheets Smith Wealth Management lowered its stake in Domino’s Pizza Inc (NYSE:DPZ) by 3.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,249 shares of the restaurant operator’s stock after selling 208 shares during the period. Sheets Smith Wealth Management’s holdings in Domino’s Pizza were worth $1,110,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Domino’s Pizza by 2,338.4% in the first quarter. BlackRock Inc. now owns 5,344,824 shares of the restaurant operator’s stock valued at $985,052,000 after buying an additional 5,125,632 shares during the period. Vanguard Group Inc. boosted its stake in shares of Domino’s Pizza by 3.2% in the first quarter. Vanguard Group Inc. now owns 3,837,342 shares of the restaurant operator’s stock valued at $707,222,000 after buying an additional 120,692 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Domino’s Pizza by 32.1% in the first quarter. Renaissance Technologies LLC now owns 2,130,700 shares of the restaurant operator’s stock valued at $392,688,000 after buying an additional 517,200 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Domino’s Pizza by 499.8% in the first quarter. Ameriprise Financial Inc. now owns 1,750,503 shares of the restaurant operator’s stock valued at $322,614,000 after buying an additional 1,458,667 shares during the period. Finally, State Street Corp boosted its stake in shares of Domino’s Pizza by 1.1% in the first quarter. State Street Corp now owns 1,538,004 shares of the restaurant operator’s stock valued at $283,451,000 after buying an additional 16,726 shares during the period. 99.47% of the stock is currently owned by institutional investors and hedge funds.

Shares of Domino’s Pizza Inc (DPZ) traded up 0.21% during trading on Friday, reaching $212.88. The company’s stock had a trading volume of 208,202 shares. The stock has a 50 day moving average of $212.70 and a 200-day moving average of $190.47. Domino’s Pizza Inc has a 1-year low of $143.47 and a 1-year high of $221.58. The company has a market capitalization of $10.24 billion, a PE ratio of 45.52 and a beta of 0.38.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, April 27th. The restaurant operator reported $1.26 EPS for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.10. Domino’s Pizza had a negative return on equity of 12.21% and a net margin of 9.06%. The company had revenue of $624.20 million for the quarter, compared to the consensus estimate of $615.66 million. During the same quarter in the previous year, the business earned $0.89 earnings per share. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. On average, analysts expect that Domino’s Pizza Inc will post $5.46 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Thursday, June 15th were paid a $0.46 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.87%. Domino’s Pizza’s payout ratio is presently 39.32%.

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Several analysts have recently issued reports on DPZ shares. BidaskClub cut Domino’s Pizza from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 13th. BTIG Research restated a “buy” rating and set a $233.00 price target (up previously from $213.00) on shares of Domino’s Pizza in a report on Thursday, June 1st. Instinet restated a “neutral” rating and set a $196.00 price target (up previously from $174.00) on shares of Domino’s Pizza in a report on Saturday, April 29th. Zacks Investment Research lowered Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. Finally, Wells Fargo & Company restated a “market perform” rating and set a $212.00 price target on shares of Domino’s Pizza in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company’s stock. Domino’s Pizza currently has a consensus rating of “Hold” and an average target price of $188.83.

About Domino’s Pizza

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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