Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. decreased its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 11.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 470 shares of the restaurant operator’s stock after selling 60 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Domino’s Pizza were worth $243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Domino’s Pizza by 5.8% during the first quarter. Vanguard Group Inc. now owns 4,098,664 shares of the restaurant operator’s stock valued at $2,036,544,000 after buying an additional 222,949 shares during the period. Coatue Management LLC acquired a new stake in shares of Domino’s Pizza during the 4th quarter valued at $322,859,000. Marshfield Associates increased its stake in shares of Domino’s Pizza by 0.3% in the second quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after acquiring an additional 2,271 shares during the last quarter. TD Asset Management Inc raised its holdings in shares of Domino’s Pizza by 27.8% during the first quarter. TD Asset Management Inc now owns 635,335 shares of the restaurant operator’s stock worth $315,685,000 after acquiring an additional 138,224 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in Domino’s Pizza by 107.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock valued at $221,003,000 after purchasing an additional 230,090 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $411.21 on Wednesday. Domino’s Pizza, Inc. has a 52-week low of $332.13 and a 52-week high of $542.75. The firm has a market capitalization of $14.34 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. The company’s fifty day moving average price is $422.29 and its two-hundred day moving average price is $470.64.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.35. The business had revenue of $1.10 billion for 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 firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.08 earnings per share. Analysts predict that Domino’s Pizza, Inc. will post 16.24 earnings per share 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. Stockholders of record on Friday, September 13th were issued a $1.51 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.47%. Domino’s Pizza’s payout ratio is presently 39.43%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Royal Bank of Canada dropped their target price on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 24th. Benchmark cut their price objective on shares of Domino’s Pizza from $575.00 to $520.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd. Wedbush decreased their target price on shares of Domino’s Pizza from $510.00 to $470.00 and set an “outperform” rating for the company in a research report on Friday, October 4th. Bank of America upped their price objective on shares of Domino’s Pizza from $577.00 to $582.00 and gave the stock a “buy” rating in a report on Friday, October 4th. Finally, Evercore ISI cut their target price on Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a report on Monday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.03.

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.