ARP Americas LLC acquired a new position in Domino’s Pizza Inc (NYSE:DPZ) during the second quarter, Holdings Channel reports. The firm acquired 3,038 shares of the restaurant operator’s stock, valued at approximately $643,000.

A number of other large investors also recently modified their holdings of the company. State of Alaska Department of Revenue bought a new stake in shares of Domino’s Pizza during the first quarter worth approximately $1,181,000. State of Wisconsin Investment Board raised its stake in shares of Domino’s Pizza by 17.4% in the first quarter. State of Wisconsin Investment Board now owns 32,021 shares of the restaurant operator’s stock worth $5,901,000 after buying an additional 4,738 shares in the last quarter. Turner Investments LLC bought a new stake in shares of Domino’s Pizza during the first quarter worth approximately $1,491,000. Creative Planning raised its stake in shares of Domino’s Pizza by 18.6% in the first quarter. Creative Planning now owns 1,149 shares of the restaurant operator’s stock worth $212,000 after buying an additional 180 shares in the last quarter. Finally, AXA raised its stake in shares of Domino’s Pizza by 37.9% in the first quarter. AXA now owns 45,100 shares of the restaurant operator’s stock worth $8,312,000 after buying an additional 12,400 shares in the last quarter. 98.55% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.23 by $0.09. Domino’s Pizza had a negative return on equity of 13.28% and a net margin of 9.40%. The business had revenue of $628.61 million for the quarter, compared to analysts’ expectations of $609.87 million. During the same period in the prior year, the business posted $0.98 earnings per share. The firm’s revenue was up 14.8% on a year-over-year basis.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.94%. The ex-dividend date is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 36.65%.

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A number of research analysts have issued reports on the stock. Maxim Group upped their target price on shares of Domino’s Pizza from $186.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, June 1st. BidaskClub downgraded shares of Domino’s Pizza from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 18th. OTR Global restated a “positive” rating on shares of Domino’s Pizza in a research report on Saturday, April 22nd. Jefferies Group LLC restated a “hold” rating and set a $180.00 target price on shares of Domino’s Pizza in a research report on Wednesday, April 12th. Finally, BTIG Research restated a “buy” rating and set a $233.00 target price (up from $213.00) on shares of Domino’s Pizza in a research report on Thursday, June 1st. Twelve investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $196.56.

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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