Ibex Investors LLC Takes Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Ibex Investors LLC bought a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,600 shares of the restaurant operator’s stock, valued at approximately $1,679,000. Domino’s Pizza makes up about 0.6% of Ibex Investors LLC’s investment portfolio, making the stock its 25th biggest position.

Several other large investors have also bought and sold shares of DPZ. Pershing Square Capital Management L.P. purchased a new position in Domino’s Pizza during the first quarter worth approximately $748,712,000. First Manhattan Co. grew its position in Domino’s Pizza by 1,867,093.3% in the first quarter. First Manhattan Co. now owns 280,079 shares of the restaurant operator’s stock worth $103,010,000 after acquiring an additional 280,064 shares during the period. UBS Asset Management Americas Inc. grew its position in Domino’s Pizza by 120.0% in the first quarter. UBS Asset Management Americas Inc. now owns 371,008 shares of the restaurant operator’s stock worth $136,453,000 after acquiring an additional 202,340 shares during the period. Principal Financial Group Inc. grew its position in Domino’s Pizza by 14.5% in the first quarter. Principal Financial Group Inc. now owns 1,178,415 shares of the restaurant operator’s stock worth $433,410,000 after acquiring an additional 149,584 shares during the period. Finally, Amundi Asset Management US Inc. grew its position in Domino’s Pizza by 105.1% in the first quarter. Amundi Asset Management US Inc. now owns 225,236 shares of the restaurant operator’s stock worth $82,871,000 after acquiring an additional 115,440 shares during the period. Hedge funds and other institutional investors own 94.37% of the company’s stock.

Shares of NYSE:DPZ opened at $465.78 on Wednesday. The firm has a fifty day moving average price of $500.09 and a 200 day moving average price of $467.07. Domino’s Pizza, Inc. has a 1 year low of $319.71 and a 1 year high of $548.72. The stock has a market capitalization of $16.95 billion, a PE ratio of 37.56, a P/E/G ratio of 3.14 and a beta of 0.47.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Thursday, October 14th. The restaurant operator reported $3.24 EPS for the quarter, topping the consensus estimate of $3.11 by $0.13. Domino’s Pizza had a net margin of 11.18% and a negative return on equity of 13.60%. The firm had revenue of $998.00 million for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter last year, the firm posted $2.49 EPS. The business’s quarterly revenue was up 3.1% on a year-over-year basis. On average, equities analysts anticipate that Domino’s Pizza, Inc. will post 13.57 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 30th. Stockholders of record on Wednesday, December 15th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Tuesday, December 14th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.81%. Domino’s Pizza’s payout ratio is presently 31.31%.

Several research firms have weighed in on DPZ. Guggenheim started coverage on Domino’s Pizza in a research report on Monday, July 26th. They issued a “neutral” rating and a $535.00 target price for the company. Jefferies Financial Group reduced their target price on Domino’s Pizza from $522.00 to $500.00 and set a “hold” rating for the company in a report on Friday, October 15th. Robert W. Baird dropped their target price on shares of Domino’s Pizza from $582.00 to $570.00 and set an “outperform” rating for the company in a report on Friday, October 15th. Argus upped their target price on Domino’s Pizza from $515.00 to $540.00 and gave the company a “buy” rating in a report on Wednesday, July 7th. Finally, Citigroup lowered shares of Domino’s Pizza from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 6th. Sixteen investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $507.32.

In related news, COO Russell J. Weiner sold 54,130 shares of the company’s stock in a transaction dated Wednesday, August 4th. The stock was sold at an average price of $537.71, for a total value of $29,106,242.30. Following the completion of the sale, the chief operating officer now owns 64,583 shares in the company, valued at $34,726,924.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph Hugh Jordan sold 2,010 shares of Domino’s Pizza stock in a transaction dated Thursday, October 21st. The stock was sold at an average price of $467.16, for a total value of $938,991.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,240 shares of company stock valued at $30,098,234. 1.32% of the stock is currently owned by insiders.

Domino’s Pizza Profile

Domino’s Pizza, Inc engages in the management of a network of company-owned and franchise-owned pizza stores. It operates through the following segments: U.S. Stores, International Franchise, and Supply Chain. The U.S. Stores segment consists of primarily of franchise operations. The International Franchise segment comprises a network of franchised stores.

Further Reading: Why are analyst ratings important in trading stocks?

Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino’s Pizza, Inc. (NYSE:DPZ).

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

Receive News & Ratings for Domino's Pizza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza and related companies with MarketBeat.com's FREE daily email newsletter.