IFP Advisors Inc raised its stake in shares of Domino’s Pizza Inc (NYSE:DPZ) by 16.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,290 shares of the restaurant operator’s stock after buying an additional 610 shares during the period. IFP Advisors Inc’s holdings in Domino’s Pizza were worth $907,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. BlackRock Inc. raised its stake in 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 in the last quarter. Ameriprise Financial Inc. raised its stake in 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 in the last quarter. Renaissance Technologies LLC raised its stake in 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 in the last quarter. KAMES CAPITAL plc raised its stake in Domino’s Pizza by 2,372.8% in the first quarter. KAMES CAPITAL plc now owns 176,954 shares of the restaurant operator’s stock valued at $32,604,000 after buying an additional 169,798 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Domino’s Pizza by 215.1% in the first quarter. Wells Fargo & Company MN now owns 229,212 shares of the restaurant operator’s stock valued at $42,244,000 after buying an additional 156,480 shares in the last quarter. 98.55% of the stock is owned by institutional investors.

Domino’s Pizza Inc (NYSE:DPZ) opened at 193.83 on Thursday. The stock has a market cap of $9.35 billion, a P/E ratio of 38.52 and a beta of 0.35. The stock has a 50 day moving average price of $204.95 and a 200 day moving average price of $193.17. Domino’s Pizza Inc has a 12-month low of $143.47 and a 12-month high of $221.58.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Tuesday, July 25th. The restaurant operator reported $1.32 EPS for the quarter, beating the consensus estimate of $1.23 by $0.09. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The business had revenue of $628.61 million during the quarter, compared to the consensus estimate of $609.87 million. During the same quarter in the prior year, the firm earned $0.98 EPS. The business’s revenue was up 14.8% on a year-over-year basis. On average, analysts forecast that Domino’s Pizza Inc will post $5.70 earnings per share for the current fiscal year.

Domino’s Pizza declared that its board has approved a stock repurchase plan on Wednesday, August 2nd that authorizes the company to buyback $1.25 billion in shares. This buyback authorization authorizes the restaurant operator to reacquire up to 13.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 36.65%.

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DPZ has been the subject of several research analyst reports. Guggenheim initiated coverage on Domino’s Pizza in a research note on Friday, April 21st. They set a “buy” rating and a $192.00 price objective for the company. Longbow Research lowered Domino’s Pizza from a “buy” rating to a “neutral” rating in a research note on Friday, June 9th. OTR Global reissued a “positive” rating on shares of Domino’s Pizza in a research note on Saturday, April 22nd. BidaskClub raised Domino’s Pizza from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $180.00 price objective on shares of Domino’s Pizza in a research note on Wednesday, April 12th. Twelve research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Domino’s Pizza has an average rating of “Hold” and an average target price of $196.56.

Domino’s Pizza Company Profile

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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