Domino’s Pizza Inc (NASDAQ:DPZ) Shares Sold by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. lowered its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 31.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 460 shares of the restaurant operator’s stock after selling 213 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Domino’s Pizza were worth $211,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in DPZ. Alpine Bank Wealth Management acquired a new position in shares of Domino’s Pizza in the 1st quarter valued at approximately $25,000. LRI Investments LLC bought a new position in shares of Domino’s Pizza during the first quarter worth about $27,000. Wood Tarver Financial Group LLC bought a new position in shares of Domino’s Pizza in the fourth quarter worth $25,000. Brown Brothers Harriman & Co. boosted its stake in Domino’s Pizza by 1,016.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 61 shares in the last quarter. Finally, Covestor Ltd boosted its stake in Domino’s Pizza by 158.1% during the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 49 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. TD Securities reissued a “buy” rating and issued a $490.00 price objective on shares of Domino’s Pizza in a research note on Monday, April 28th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $550.00 target price on shares of Domino’s Pizza in a report on Monday. Stephens reissued an “equal weight” rating and set a $440.00 price objective on shares of Domino’s Pizza in a report on Wednesday, April 2nd. Argus reaffirmed a “hold” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research note on Tuesday, April 29th. Finally, BTIG Research set a $530.00 price objective on Domino’s Pizza and gave the company a “buy” rating in a research report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus price target of $487.84.

Domino’s Pizza Stock Up 0.7%

DPZ stock opened at $468.70 on Friday. Domino’s Pizza Inc has a fifty-two week low of $396.06 and a fifty-two week high of $500.55. The company has a market capitalization of $16.05 billion, a P/E ratio of 26.88, a PEG ratio of 2.65 and a beta of 1.09. The company has a 50-day simple moving average of $466.40 and a 200 day simple moving average of $459.93.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating the consensus estimate of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business posted $3.58 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities analysts anticipate that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend was Friday, June 13th. Domino’s Pizza’s payout ratio is 39.91%.

About Domino’s Pizza

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.