Entropy Technologies LP Invests $3.52 Million in Domino’s Pizza Inc $DPZ

Entropy Technologies LP purchased a new position in Domino’s Pizza Inc (NASDAQ:DPZ) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,804 shares of the restaurant operator’s stock, valued at approximately $3,518,000.

Several other institutional investors also recently bought and sold shares of DPZ. Huntleigh Advisors Inc. raised its holdings in Domino’s Pizza by 5.0% in the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock worth $221,000 after buying an additional 25 shares during the last quarter. Andina Capital Management LLC lifted its stake in shares of Domino’s Pizza by 3.1% in the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock worth $457,000 after buying an additional 33 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in shares of Domino’s Pizza by 5.1% during the third quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after buying an additional 33 shares during the last quarter. Novem Group grew its holdings in shares of Domino’s Pizza by 5.1% during the fourth quarter. Novem Group now owns 703 shares of the restaurant operator’s stock valued at $293,000 after buying an additional 34 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after acquiring an additional 34 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Key Domino’s Pizza News

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Wells Fargo raised its price target on Domino’s Pizza (DPZ) to $350, signaling improved expectations for the stock. Wells Fargo & Company Raises Domino’s Pizza (NASDAQ:DPZ) Price Target to $350.00
• Positive Sentiment: BTIG Research reiterated a Buy rating on Domino’s Pizza, reinforcing a favorable analyst outlook. Domino’s Pizza (NASDAQ:DPZ) Earns Buy Rating from BTIG Research
• Positive Sentiment: Consensus analyst coverage remains supportive, with Domino’s Pizza receiving an average “Moderate Buy” recommendation. Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Several articles argue Domino’s may still be undervalued or trading at an attractive earnings multiple after stronger-than-expected Q2 revenue, which can support bullish sentiment. Is Domino’s Pizza (DPZ) Undervalued After Stronger Than Expected Q2 Revenue?
• Neutral Sentiment: A piece on Domino’s trading at a premium to cash flow but a discount to earnings suggests the stock may be fairly valued rather than clearly expensive or cheap. Dominos (DPZ) Stock May Trade At A Premium To Cash Flow But A Discount To Earnings
• Neutral Sentiment: A short-interest update noted zero reported shares and no meaningful days-to-cover reading, so it does not provide a clear new directional signal for the stock.
• Negative Sentiment: Oppenheimer issued a more cautious forecast for Domino’s Pizza, and BMO Capital trimmed its price target to $420, which could temper enthusiasm. Oppenheimer Issues Pessimistic Forecast for Domino’s Pizza (NASDAQ:DPZ) Stock Price BMO Capital Markets Lowers Domino’s Pizza (NASDAQ:DPZ) Price Target to $420.00

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DPZ shares. BTIG Research restated a “buy” rating and issued a $425.00 price objective on shares of Domino’s Pizza in a report on Tuesday, July 21st. Loop Capital reduced their target price on Domino’s Pizza from $574.00 to $500.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. KeyCorp restated a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday. Morgan Stanley lowered their price target on Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Finally, Piper Sandler dropped their price objective on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $402.16.

Domino’s Pizza Price Performance

DPZ stock opened at $332.97 on Friday. The company has a market cap of $11.01 billion, a P/E ratio of 18.89, a price-to-earnings-growth ratio of 1.62 and a beta of 0.97. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $486.68. The stock’s fifty day moving average price is $310.79 and its 200-day moving average price is $355.47.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $3.81 EPS. As a group, analysts expect that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.4%. Domino’s Pizza’s dividend payout ratio is presently 45.15%.

Insider Activity at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 487 shares of the stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $297.01, for a total value of $144,643.87. Following the transaction, the executive vice president owned 9,352 shares in the company, valued at $2,777,637.52. This represents a 4.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 1,950 shares of company stock worth $611,451. 0.89% of the stock is owned by corporate insiders.

About Domino’s Pizza

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.