Oxford Financial Group LTD. LLC Purchases New Shares in Domino’s Pizza Inc $DPZ

Oxford Financial Group LTD. LLC purchased a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 12,285 shares of the restaurant operator’s stock, valued at approximately $3,637,000. Domino’s Pizza makes up 0.2% of Oxford Financial Group LTD. LLC’s holdings, making the stock its 29th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. SHP Wealth Management purchased a new position in Domino’s Pizza in the 4th quarter valued at about $25,000. 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 worth $29,000 after acquiring an additional 34 shares during the last quarter. Investors Research Corp increased its position 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 worth $30,000 after acquiring an additional 99 shares during the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza in the first quarter worth about $31,000. Finally, Cornerstone Planning Group LLC lifted its stake in shares of Domino’s Pizza by 450.0% in the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after acquiring an additional 81 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insiders Place Their Bets

In other Domino’s Pizza news, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction 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 owned 43,829 shares in the company, valued at $14,499,948.07. The trade was 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 this link. Also, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 24,254 shares of company stock valued at $7,888,924. 0.89% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DPZ has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price target on Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Mizuho dropped their price objective on Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. BTIG Research reaffirmed a “buy” rating and issued a $425.00 target price on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Piper Sandler reduced their target price on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Finally, Jefferies Financial Group decreased their price target on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a research report on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $397.42.

Domino’s Pizza Stock Down 0.6%

Shares of NASDAQ DPZ opened at $334.37 on Friday. The stock’s 50 day moving average price is $325.26 and its two-hundred day moving average price is $347.60. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $469.00. The stock has a market capitalization of $11.06 billion, a P/E ratio of 18.97, a PEG ratio of 1.62 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results 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 negative return on equity of 15.15% and a net margin of 11.86%.The firm’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.81 earnings per share. On average, analysts anticipate that Domino’s Pizza Inc will post 18.88 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $1.99 per share. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 annualized dividend and a yield of 2.4%. Domino’s Pizza’s dividend payout ratio (DPR) is 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.