Domino’s Pizza, Inc. (NYSE:DPZ) Stake Boosted by Quarry LP

Quarry LP grew its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 480.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 395 shares of the restaurant operator’s stock after purchasing an additional 327 shares during the quarter. Quarry LP’s holdings in Domino’s Pizza were worth $204,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Wellington Wealth Strategies LLC. bought a new position in shares of Domino’s Pizza during the second quarter valued at approximately $470,000. Sunbelt Securities Inc. grew its holdings in shares of Domino’s Pizza by 61.9% during the second quarter. Sunbelt Securities Inc. now owns 1,376 shares of the restaurant operator’s stock valued at $711,000 after purchasing an additional 526 shares during the last quarter. Creative Planning grew its holdings in shares of Domino’s Pizza by 10.4% during the second quarter. Creative Planning now owns 2,597 shares of the restaurant operator’s stock valued at $1,341,000 after purchasing an additional 244 shares during the last quarter. Algert Global LLC bought a new position in shares of Domino’s Pizza during the second quarter valued at approximately $362,000. Finally, SkyView Investment Advisors LLC grew its holdings in shares of Domino’s Pizza by 9.1% during the second quarter. SkyView Investment Advisors LLC now owns 2,558 shares of the restaurant operator’s stock valued at $1,321,000 after purchasing an additional 213 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Trading Up 0.3 %

NYSE DPZ opened at $430.13 on Tuesday. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75. The company has a market capitalization of $15.00 billion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. The firm’s fifty day simple moving average is $422.81 and its 200-day simple moving average is $471.86.

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

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Friday, September 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.43%.

Wall Street Analyst Weigh In

DPZ has been the subject of several analyst reports. Barclays reduced their price objective on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating for the company in a research report on Friday, July 19th. JPMorgan Chase & Co. boosted their price objective on Domino’s Pizza from $450.00 to $470.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. 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, September 16th. Baird R W upgraded Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on 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. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $506.28.

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.