14,664 Shares in Domino’s Pizza Inc $DPZ Acquired by Danske Bank A S

Danske Bank A S bought a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,664 shares of the restaurant operator’s stock, valued at approximately $4,341,000.

Several other large investors have also modified their holdings of DPZ. SHP Wealth Management purchased a new stake in Domino’s Pizza in the 4th quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Domino’s Pizza by 97.1% in the 4th 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 during the period. Investors Research Corp raised its stake in shares of Domino’s Pizza by 9,900.0% in the 2nd quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after acquiring an additional 99 shares during the period. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza in the 1st quarter worth approximately $31,000. Finally, Cornerstone Planning Group LLC increased its holdings in Domino’s Pizza by 450.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on DPZ. Mizuho decreased their price target on 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. TD Cowen boosted their price objective on Domino’s Pizza from $295.00 to $310.00 and gave the company a “hold” rating in a report on Monday, July 20th. Piper Sandler decreased their target price on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Benchmark restated a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. Finally, Evercore reaffirmed an “outperform” rating on shares of Domino’s Pizza in a research report on Thursday, July 9th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $397.42.

Domino’s Pizza Price Performance

Shares of NASDAQ DPZ opened at $341.85 on Friday. The company has a market cap of $11.31 billion, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 1.61 and a beta of 0.94. The stock’s 50-day moving average is $325.62 and its two-hundred day moving average is $347.56. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $469.00.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results 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). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm had revenue of $1.19 billion for the quarter. During the same quarter last year, the firm earned $3.81 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Equities research analysts anticipate that Domino’s Pizza Inc will post 18.88 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 2.3%. Domino’s Pizza’s payout ratio is presently 45.15%.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, CEO Russell J. Weiner sold 10,850 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the sale, the chief executive officer directly owned 43,829 shares in the company, valued at $14,499,948.07. This trade represents a 19.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total value of $4,002,957.20. Following the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. This represents a 57.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 24,254 shares of company stock worth $7,888,924 in the last three months. 0.89% of the stock is currently owned by corporate insiders.

Domino’s Pizza Company 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.