J.W. Cole Advisors Inc. Acquires New Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

J.W. Cole Advisors Inc. bought a new position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 397 shares of the restaurant operator’s stock, valued at approximately $205,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Gilbert & Cook Inc. grew its stake in Domino’s Pizza by 7.3% in the 4th quarter. Gilbert & Cook Inc. now owns 1,488 shares of the restaurant operator’s stock valued at $613,000 after buying an additional 101 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Domino’s Pizza by 9.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 962 shares of the restaurant operator’s stock worth $397,000 after purchasing an additional 81 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Domino’s Pizza by 4.8% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 1,679 shares of the restaurant operator’s stock worth $692,000 after purchasing an additional 77 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Domino’s Pizza by 3.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,142 shares of the restaurant operator’s stock worth $1,296,000 after purchasing an additional 98 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in Domino’s Pizza by 41.8% during the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after purchasing an additional 33 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Trading Up 0.7 %

Shares of NYSE DPZ opened at $411.71 on Friday. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75. The company has a 50-day moving average of $427.79 and a two-hundred day moving average of $473.04. The company has a market cap of $14.36 billion, a PE ratio of 26.73, a P/E/G ratio of 2.14 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.35. The firm 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 business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.08 EPS. As a group, equities research analysts forecast that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a dividend of $1.51 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $6.04 annualized dividend and a yield of 1.47%. Domino’s Pizza’s dividend payout ratio is currently 39.43%.

Analyst Ratings Changes

DPZ has been the subject of several research reports. TD Cowen reduced their price objective on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating for the company in a research report on Monday. Oppenheimer decreased their price target on shares of Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, September 6th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Wedbush reissued an “outperform” rating and set a $575.00 target price on shares of Domino’s Pizza in a research report on Monday, July 15th. Finally, Benchmark cut their price target on Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating for the company in a report on Monday, July 22nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus target price of $507.93.

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.