Absoluto Partners Gestao de Recursos Ltda Has $2.01 Million Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Absoluto Partners Gestao de Recursos Ltda lifted its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 16.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,885 shares of the restaurant operator’s stock after buying an additional 553 shares during the period. Domino’s Pizza comprises 1.2% of Absoluto Partners Gestao de Recursos Ltda’s portfolio, making the stock its 12th biggest holding. Absoluto Partners Gestao de Recursos Ltda’s holdings in Domino’s Pizza were worth $2,006,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Gilbert & Cook Inc. boosted its stake in Domino’s Pizza by 7.3% during the fourth quarter. Gilbert & Cook Inc. now owns 1,488 shares of the restaurant operator’s stock worth $613,000 after buying an additional 101 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Domino’s Pizza by 3.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,142 shares of the restaurant operator’s stock valued at $1,296,000 after buying an additional 98 shares in the last quarter. Quadrant Capital Group LLC grew its position in Domino’s Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after acquiring an additional 33 shares during the period. UBS Group AG raised its stake in Domino’s Pizza by 21.3% during the fourth quarter. UBS Group AG now owns 76,680 shares of the restaurant operator’s stock worth $31,610,000 after acquiring an additional 13,466 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Domino’s Pizza by 8.4% during the fourth quarter. Franklin Resources Inc. now owns 32,183 shares of the restaurant operator’s stock valued at $13,267,000 after acquiring an additional 2,487 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Stock Up 1.4 %

Shares of DPZ stock opened at $426.54 on Wednesday. The firm has a 50 day moving average price of $422.50 and a two-hundred day moving average price of $472.39. The company has a market capitalization of $14.92 billion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. Domino’s Pizza, Inc. has a 12-month low of $330.05 and a 12-month high of $542.75.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.08 earnings per share. As a group, research analysts expect that Domino’s Pizza, Inc. will post 16.24 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s payout ratio is presently 39.43%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DPZ shares. JPMorgan Chase & Co. increased their target price on shares of Domino’s Pizza from $450.00 to $470.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. BMO Capital Markets cut their target price on shares of Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating for the company in a research note on Wednesday, September 11th. Barclays decreased their price target on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research report on Friday, July 19th. Deutsche Bank Aktiengesellschaft decreased their target price on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. Finally, TD Cowen cut their price target on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating for the company in a report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $507.93.

Domino’s Pizza Company 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.