Commerzbank Aktiengesellschaft FI Buys New Shares in Domino’s Pizza Inc $DPZ

Commerzbank Aktiengesellschaft FI acquired a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, Holdings Channel reports. The fund acquired 8,678 shares of the restaurant operator’s stock, valued at approximately $2,569,000.

Several other large investors also recently made changes to their positions in the company. SHP Wealth Management bought a new position in Domino’s Pizza in the fourth quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings 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 valued at $29,000 after acquiring an additional 34 shares in the last quarter. Investors Research Corp increased its holdings 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 valued at $30,000 after acquiring an additional 99 shares in the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza during the first quarter worth approximately $31,000. Finally, Cornerstone Planning Group LLC raised its position in shares of Domino’s Pizza by 450.0% during the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after purchasing an additional 81 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of recent research reports. Mizuho dropped their price objective on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 28th. Northcoast Research decreased their target price on shares of Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Evercore restated an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. Wells Fargo & Company raised their price target on shares of Domino’s Pizza from $325.00 to $350.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Finally, KeyCorp reiterated a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $397.42.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 12,430 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The stock was 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 in the company, valued at $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the firm’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the transaction, the chief executive officer directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. This represents a 19.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 24,742 shares of company stock valued at $8,041,746. Corporate insiders own 0.89% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $335.42 on Tuesday. Domino’s Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $469.00. The business has a 50-day moving average of $324.01 and a 200 day moving average of $349.12. The firm has a market cap of $11.10 billion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 1.67 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company earned $3.81 EPS. As a group, research analysts predict that Domino’s Pizza Inc will post 18.88 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

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