Shepherd Financial Partners LLC Makes New Investment in Domino’s Pizza Inc $DPZ

Shepherd Financial Partners LLC bought a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, Holdings Channel.com reports. The firm bought 1,893 shares of the restaurant operator’s stock, valued at approximately $560,000.

Several other large investors have also modified their holdings of DPZ. SHP Wealth Management purchased a new position in shares of Domino’s Pizza during the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in 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 buying an additional 34 shares during the period. Investors Research Corp lifted its position in Domino’s Pizza by 9,900.0% in the second quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 99 shares during the last quarter. MBM Wealth Consultants LLC acquired a new position in Domino’s Pizza in the first quarter valued at about $31,000. Finally, Cornerstone Planning Group LLC boosted its stake in 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 buying an additional 81 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 12,430 shares of the firm’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the completion of the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This trade represents a 57.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. This trade represents a 19.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 24,254 shares of company stock worth $7,888,924. 0.89% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DPZ shares. Northcoast Research reduced their price target on shares of Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. DA Davidson lowered their price objective on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Loop Capital reiterated a “hold” rating and issued a $353.00 target price on shares of Domino’s Pizza in a report on Monday, August 10th. Benchmark reissued a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada upped their price target on Domino’s Pizza from $325.00 to $350.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus target price of $397.42.

Domino’s Pizza Price Performance

Shares of NASDAQ:DPZ opened at $336.52 on Thursday. The firm has a market capitalization of $11.13 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 1.62 and a beta of 0.94. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $469.00. The firm’s 50-day moving average is $324.82 and its two-hundred day moving average is $348.13.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate 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 business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $3.81 earnings per share. Analysts expect that Domino’s Pizza Inc will post 18.88 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued 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 yield of 2.4%. Domino’s Pizza’s dividend payout ratio is 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.