Loudon Investment Management LLC Makes New $1.78 Million Investment in Domino’s Pizza Inc $DPZ

Loudon Investment Management LLC bought a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,949 shares of the restaurant operator’s stock, valued at approximately $1,779,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. HighPoint Advisor Group LLC increased its stake in shares of Domino’s Pizza by 3.2% in the 1st quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator’s stock valued at $332,000 after purchasing an additional 21 shares during the last quarter. AGP Franklin LLC lifted its position in shares of Domino’s Pizza by 0.4% during the 1st quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator’s stock worth $2,403,000 after buying an additional 21 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in Domino’s Pizza by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator’s stock valued at $1,912,000 after buying an additional 21 shares in the last quarter. Compound Planning Inc. boosted its stake in Domino’s Pizza by 4.1% in the first quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator’s stock valued at $258,000 after buying an additional 22 shares in the last quarter. Finally, Allworth Financial LP grew its position in Domino’s Pizza by 16.0% in the first quarter. Allworth Financial LP now owns 174 shares of the restaurant operator’s stock valued at $85,000 after acquiring an additional 24 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $431.71 on Wednesday. The firm has a market cap of $14.66 billion, a PE ratio of 25.07, a price-to-earnings-growth ratio of 2.38 and a beta of 1.09. The firm’s fifty day moving average is $451.28 and its 200-day moving average is $461.32. Domino’s Pizza Inc has a 52 week low of $397.12 and a 52 week high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, July 21st. The restaurant operator reported $3.81 earnings per share for the quarter, missing analysts’ consensus estimates of $3.93 by ($0.12). The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Domino’s Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.03 earnings per share. Sell-side analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 40.42%.

Insider Activity

In related news, Director James A. Goldman sold 1,000 shares of Domino’s Pizza stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $451.49, for a total value of $451,490.00. Following the transaction, the director directly owned 3,384 shares of the company’s stock, valued at $1,527,842.16. The trade was a 22.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. UBS Group reissued a “buy” rating and issued a $540.00 target price on shares of Domino’s Pizza in a report on Tuesday, July 22nd. Morgan Stanley upped their price objective on shares of Domino’s Pizza from $510.00 to $514.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Royal Bank Of Canada lowered shares of Domino’s Pizza from an “outperform” rating to a “sector perform” rating and cut their target price for the company from $550.00 to $500.00 in a research report on Tuesday, July 29th. Barclays boosted their target price on shares of Domino’s Pizza from $420.00 to $425.00 and gave the stock an “underweight” rating in a research note on Monday, July 21st. Finally, Citigroup dropped their price target on Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating for the company in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and a consensus target price of $490.04.

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.