Osmosis Investment Management UK Ltd Buys New Stake in Domino’s Pizza Inc $DPZ

Osmosis Investment Management UK Ltd purchased a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,248 shares of the restaurant operator’s stock, valued at approximately $1,258,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new position in shares of Domino’s Pizza during the 2nd quarter valued at about $967,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Domino’s Pizza in the second quarter worth about $22,886,000. First Nebraska Trust Co purchased a new stake in shares of Domino’s Pizza in the second quarter worth about $8,997,000. Bank of Nova Scotia acquired a new stake in Domino’s Pizza during the second quarter worth about $1,683,000. Finally, Commerce Bank acquired a new stake in Domino’s Pizza during the second quarter worth about $2,192,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Sanford C. Bernstein reissued a “market perform” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. HSBC dropped their price objective on shares of Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Jefferies Financial Group decreased their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a research note on Tuesday, April 28th. DA Davidson decreased their target price on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Loop Capital reissued a “hold” rating and set a $353.00 price target on shares of Domino’s Pizza in a report on Monday, August 10th. Sixteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Hold” and an average target price of $397.42.

Insider Transactions at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the transaction, the executive vice president directly owned 9,352 shares in the company, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. This represents a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,254 shares of company stock valued at $7,888,924 over the last quarter. Company insiders own 0.89% of the company’s stock.

Domino’s Pizza Price Performance

NASDAQ DPZ opened at $349.01 on Tuesday. The stock’s 50 day simple moving average is $326.27 and its 200-day simple moving average is $346.76. The company has a market cap of $11.55 billion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.65 and a beta of 0.94. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $469.00.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate 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 period last year, the firm earned $3.81 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, equities research analysts anticipate that Domino’s Pizza Inc will post 18.88 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio is presently 45.15%.

Domino’s Pizza Profile

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.