Quantitative Investment Management LLC Purchases Shares of 6,044 Domino’s Pizza Inc $DPZ

Quantitative Investment Management LLC purchased a new position in Domino’s Pizza Inc (NASDAQ:DPZ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,044 shares of the restaurant operator’s stock, valued at approximately $1,789,000.

A number of other large investors have also recently made changes to their positions in the stock. Andina Capital Management LLC raised its holdings in Domino’s Pizza by 3.1% during the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock valued at $457,000 after acquiring an additional 33 shares during the period. Diversify Advisory Services LLC raised its position in shares of Domino’s Pizza by 5.1% during the third quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after buying an additional 33 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased 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 acquiring an additional 34 shares during the last quarter. Unified Investment Management lifted its position in shares of Domino’s Pizza by 5.5% in the fourth quarter. Unified Investment Management now owns 745 shares of the restaurant operator’s stock worth $311,000 after buying an additional 39 shares in the last quarter. Finally, Principal Securities Inc. raised its holdings in shares of Domino’s Pizza by 4.2% during the 4th quarter. Principal Securities Inc. now owns 1,078 shares of the restaurant operator’s stock worth $449,000 after acquiring an additional 43 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Trading Down 2.3%

Shares of NASDAQ:DPZ opened at $342.06 on Tuesday. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $469.00. The business’s fifty day simple moving average is $329.54 and its 200-day simple moving average is $344.97. The company has a market capitalization of $11.32 billion, a PE ratio of 19.40, a P/E/G ratio of 1.69 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last issued 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). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company had revenue of $1.19 billion for the quarter. During the same period in the prior year, the business earned $3.81 EPS. Domino’s Pizza’s revenue was up 4.3% compared to the same quarter last year. Research analysts predict that Domino’s Pizza Inc will post 18.89 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company 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 $1.99 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. Domino’s Pizza’s payout ratio is currently 45.15%.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of analyst reports. UBS Group reaffirmed a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. JPMorgan Chase & Co. lowered their price objective on shares of Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Domino’s Pizza in a research note on Wednesday, August 26th. Sixteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Hold” and a consensus target price of $397.42.

Insider Activity

In other news, EVP Kelly E. Garcia sold 12,430 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 9,352 shares in the company, valued at approximately $3,011,718.08. This trade represents a 57.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of Domino’s Pizza stock in a transaction that occurred 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 directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 24,254 shares of company stock valued at $7,888,924. Insiders own 0.89% of the company’s stock.

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.