Domino’s Pizza, Inc. (NYSE:DPZ) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 29.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,015 shares of the restaurant operator’s stock after purchasing an additional 2,294 shares during the quarter. Cetera Investment Advisers’ holdings in Domino’s Pizza were worth $5,171,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Blue Trust Inc. lifted its position in Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 39 shares during the last quarter. Crewe Advisors LLC purchased a new stake in shares of Domino’s Pizza in the 1st quarter valued at approximately $36,000. Versant Capital Management Inc lifted its holdings in shares of Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after acquiring an additional 72 shares during the last quarter. ORG Partners LLC purchased a new position in shares of Domino’s Pizza during the 2nd quarter worth approximately $62,000. Finally, Signaturefd LLC increased its holdings in Domino’s Pizza by 25.2% in the 2nd quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock valued at $67,000 after purchasing an additional 26 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $411.21 on Wednesday. The company’s fifty day moving average is $422.29 and its two-hundred day moving average is $470.64. Domino’s Pizza, Inc. has a 1 year low of $332.13 and a 1 year high of $542.75. The company has a market capitalization of $14.34 billion, a P/E ratio of 26.84, a PEG ratio of 2.21 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last released 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 firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company posted $3.08 earnings per share. As a group, equities analysts expect that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Friday, September 13th. Domino’s Pizza’s payout ratio is currently 39.43%.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of research reports. Piper Sandler decreased their price target on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a research note on Monday. Royal Bank of Canada decreased their target price on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 24th. Stephens dropped their target price on Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating for the company in a research report on Friday, July 19th. Barclays cut their price target on shares of Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research note on Friday, July 19th. Finally, BMO Capital Markets lowered their price objective 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. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.03.

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.