Healthcare of Ontario Pension Plan Trust Fund Invests $6.45 Million in Domino’s Pizza, Inc. (NYSE:DPZ)

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Domino’s Pizza, Inc. (NYSE:DPZ) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 12,500 shares of the restaurant operator’s stock, valued at approximately $6,454,000.

Other hedge funds also recently made changes to their positions in the company. Bayesian Capital Management LP grew its stake in shares of Domino’s Pizza by 701.3% in the 1st quarter. Bayesian Capital Management LP now owns 4,800 shares of the restaurant operator’s stock worth $2,385,000 after purchasing an additional 4,201 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Domino’s Pizza by 34.9% in the first quarter. Bessemer Group Inc. now owns 4,950 shares of the restaurant operator’s stock worth $2,460,000 after acquiring an additional 1,280 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Domino’s Pizza by 107.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after acquiring an additional 230,090 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Domino’s Pizza by 866.4% in the second quarter. Assenagon Asset Management S.A. now owns 49,846 shares of the restaurant operator’s stock worth $25,737,000 after acquiring an additional 44,688 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Domino’s Pizza by 18.7% in the first quarter. Russell Investments Group Ltd. now owns 55,438 shares of the restaurant operator’s stock worth $27,518,000 after acquiring an additional 8,744 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DPZ. Bank of America lifted their target price on shares of Domino’s Pizza from $577.00 to $582.00 and gave the stock a “buy” rating in a research report on Friday. Baird R W upgraded shares of Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a report on Monday, July 8th. Morgan Stanley raised their price target on shares of Domino’s Pizza from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Wednesday. Wedbush decreased their price target on shares of Domino’s Pizza from $510.00 to $470.00 and set an “outperform” rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of Domino’s Pizza from $450.00 to $470.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza presently has an average rating of “Moderate Buy” and a consensus target price of $507.00.

Domino’s Pizza Trading Up 1.1 %

Shares of DPZ stock opened at $425.31 on Friday. The firm has a market capitalization of $14.83 billion, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. Domino’s Pizza, Inc. has a 1 year low of $330.05 and a 1 year high of $542.75. The firm’s fifty day simple moving average is $422.85 and its 200 day simple moving average is $471.10.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, beating the consensus estimate of $3.68 by $0.35. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $3.08 EPS. Equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.24 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend was Friday, September 13th. Domino’s Pizza’s payout ratio is currently 39.43%.

Domino’s Pizza 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.