Domino’s Pizza Inc $DPZ Shares Acquired by Liberty One Investment Management LLC

Liberty One Investment Management LLC grew its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,702 shares of the restaurant operator’s stock after purchasing an additional 266 shares during the period. Liberty One Investment Management LLC’s holdings in Domino’s Pizza were worth $4,822,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DPZ. GAMMA Investing LLC grew its holdings in Domino’s Pizza by 17.2% during the first quarter. GAMMA Investing LLC now owns 566 shares of the restaurant operator’s stock worth $260,000 after acquiring an additional 83 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Domino’s Pizza by 207.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 30,208 shares of the restaurant operator’s stock valued at $13,880,000 after acquiring an additional 20,379 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Domino’s Pizza by 2.5% in the first quarter. State of Alaska Department of Revenue now owns 4,040 shares of the restaurant operator’s stock valued at $1,856,000 after acquiring an additional 100 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Domino’s Pizza by 242.6% in the first quarter. Blue Trust Inc. now owns 185 shares of the restaurant operator’s stock valued at $85,000 after acquiring an additional 131 shares in the last quarter. Finally, Praxis Investment Management Inc. purchased a new stake in shares of Domino’s Pizza in the first quarter valued at $414,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 1.6%

NASDAQ DPZ opened at $422.94 on Tuesday. Domino’s Pizza Inc has a 52 week low of $397.12 and a 52 week high of $500.55. The stock has a market cap of $14.29 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12. The company has a 50-day moving average price of $438.89 and a two-hundred day moving average price of $457.19.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.12. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.19 EPS. As a group, equities research analysts expect that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be given a dividend of $1.74 per share. The ex-dividend date is Monday, December 15th. This represents a $6.96 annualized dividend and a dividend yield of 1.6%. Domino’s Pizza’s dividend payout ratio (DPR) is 40.68%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DPZ shares. Sanford C. Bernstein increased their target price on Domino’s Pizza from $460.00 to $490.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada lowered their target price on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 15th. BTIG Research reiterated a “buy” rating and issued a $530.00 target price on shares of Domino’s Pizza in a research note on Wednesday, October 15th. Piper Sandler lowered their price objective on Domino’s Pizza from $477.00 to $443.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. Finally, Benchmark raised their price objective on Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus target price of $489.92.

Insider Activity

In other news, Director James A. Goldman sold 1,000 shares of Domino’s Pizza stock in a transaction on Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the transaction, the director directly owned 3,384 shares in the company, valued at approximately $1,527,842.16. This trade represents a 22.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.83% of the company’s stock.

Domino’s Pizza Profile

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.