4,821 Shares in Domino’s Pizza Inc $DPZ Purchased by SWS Partners

SWS Partners acquired a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,821 shares of the restaurant operator’s stock, valued at approximately $1,427,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DPZ. SHP Wealth Management bought a new position in Domino’s Pizza in the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings 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 buying an additional 34 shares during the last quarter. Investors Research Corp raised its holdings in shares of Domino’s Pizza by 9,900.0% during the second quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 99 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in shares of Domino’s Pizza during the first quarter valued at approximately $31,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Domino’s Pizza by 450.0% during the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after buying an additional 81 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the sale, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at $14,499,948.07. This represents a 19.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kelly E. Garcia sold 12,430 shares of the firm’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 24,742 shares of company stock valued at $8,041,746. Insiders own 0.89% of the company’s stock.

Analyst Upgrades and Downgrades

DPZ has been the subject of a number of recent analyst reports. TD Cowen increased their price objective on Domino’s Pizza from $295.00 to $310.00 and gave the stock a “hold” rating in a report on Monday, July 20th. Gordon Haskett cut their target price on Domino’s Pizza from $440.00 to $380.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Benchmark reiterated a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. BTIG Research reissued a “buy” rating and issued a $425.00 price target on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Finally, Oppenheimer decreased their price target on Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $397.42.

Domino’s Pizza Stock Performance

DPZ opened at $346.27 on Friday. The company has a market capitalization of $11.46 billion, a PE ratio of 19.64, a P/E/G ratio of 1.69 and a beta of 0.94. The stock’s fifty day moving average is $323.57 and its 200-day moving average is $350.12. Domino’s Pizza Inc has a one year low of $282.00 and a one year high of $469.00.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm had revenue of $1.19 billion for the quarter. During the same quarter in the prior year, the firm posted $3.81 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, equities research analysts forecast that Domino’s Pizza Inc will post 18.88 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed 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 is Tuesday, September 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio (DPR) is 45.15%.

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.