Janney Montgomery Scott LLC Has $1.26 Million Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Janney Montgomery Scott LLC raised its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 7.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,924 shares of the restaurant operator’s stock after purchasing an additional 215 shares during the period. Janney Montgomery Scott LLC’s holdings in Domino’s Pizza were worth $1,258,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Signaturefd LLC increased its position in Domino’s Pizza by 25.2% during the second quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock worth $67,000 after acquiring an additional 26 shares during the period. Summit Trail Advisors LLC increased its holdings in shares of Domino’s Pizza by 5.0% during the 2nd quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator’s stock worth $293,000 after purchasing an additional 27 shares during the period. Portside Wealth Group LLC raised its position in shares of Domino’s Pizza by 6.5% during the second quarter. Portside Wealth Group LLC now owns 456 shares of the restaurant operator’s stock valued at $235,000 after buying an additional 28 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Domino’s Pizza by 4.6% in the second quarter. Larson Financial Group LLC now owns 663 shares of the restaurant operator’s stock valued at $342,000 after buying an additional 29 shares during the period. Finally, Capital Insight Partners LLC grew its position in Domino’s Pizza by 2.6% during the second quarter. Capital Insight Partners LLC now owns 1,205 shares of the restaurant operator’s stock worth $622,000 after buying an additional 30 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on DPZ shares. Evercore ISI cut their price target on Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating for the company in a report on Monday, October 7th. Guggenheim cut their target price on Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a research note on Thursday, September 26th. Robert W. Baird decreased their price target on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating on the stock in a research note on Thursday, September 12th. BTIG Research dropped 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 note on Friday, October 11th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $494.38.

Domino’s Pizza Stock Performance

NYSE DPZ opened at $435.97 on Friday. The stock has a market capitalization of $15.05 billion, a P/E ratio of 26.78, a price-to-earnings-growth ratio of 2.37 and a beta of 0.86. Domino’s Pizza, Inc. has a 52 week low of $367.24 and a 52 week high of $542.75. The stock has a fifty day moving average of $423.17 and a 200-day moving average of $459.20.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.54. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $4.18 EPS. Equities research analysts forecast that Domino’s Pizza, Inc. will post 16.86 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.39%. Domino’s Pizza’s payout ratio is presently 37.10%.

Insider Buying and Selling at Domino’s Pizza

In other news, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the completion of the transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.76% of the company’s stock.

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.