SG Americas Securities LLC Sells 47,701 Shares of Domino’s Pizza Inc $DPZ

SG Americas Securities LLC trimmed its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 77.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,780 shares of the restaurant operator’s stock after selling 47,701 shares during the quarter. SG Americas Securities LLC’s holdings in Domino’s Pizza were worth $5,744,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DPZ. Johnson Financial Group Inc. raised its stake in shares of Domino’s Pizza by 200.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after acquiring an additional 56 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Domino’s Pizza in the second quarter valued at approximately $42,000. MUFG Securities EMEA plc acquired a new stake in Domino’s Pizza in the second quarter valued at approximately $46,000. Smartleaf Asset Management LLC grew its holdings in Domino’s Pizza by 64.2% in the third quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 43 shares during the last quarter. Finally, Activest Wealth Management grew its holdings in Domino’s Pizza by 411.5% in the third quarter. Activest Wealth Management now owns 133 shares of the restaurant operator’s stock worth $58,000 after purchasing an additional 107 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DPZ has been the subject of several analyst reports. Benchmark reiterated a “buy” rating on shares of Domino’s Pizza in a report on Monday, February 23rd. Evercore restated an “outperform” rating and set a $510.00 target price on shares of Domino’s Pizza in a research note on Tuesday, February 24th. Morgan Stanley reaffirmed an “equal weight” rating and set a $455.00 target price (down from $535.00) on shares of Domino’s Pizza in a research report on Tuesday, January 20th. Wells Fargo & Company decreased their price target on Domino’s Pizza from $430.00 to $400.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Barclays lowered their price target on Domino’s Pizza from $405.00 to $370.00 and set an “underweight” rating for the company in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $474.64.

Domino’s Pizza Price Performance

Shares of DPZ opened at $358.79 on Wednesday. The firm has a market capitalization of $12.07 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 1.52 and a beta of 1.16. Domino’s Pizza Inc has a 1-year low of $346.31 and a 1-year high of $499.08. The company’s fifty day moving average price is $391.37 and its 200-day moving average price is $408.38.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.38 by ($0.03). Domino’s Pizza had a negative return on equity of 15.28% and a net margin of 12.18%.The firm had revenue of $1.54 billion during the quarter. During the same period last year, the business earned $4.89 EPS. Domino’s Pizza’s revenue was up 6.4% compared to the same quarter last year. As a group, research analysts anticipate that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were paid a $1.99 dividend. The ex-dividend date was Friday, March 13th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.74. This represents a $7.96 annualized dividend and a dividend yield of 2.2%. Domino’s Pizza’s dividend payout ratio (DPR) is 45.30%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand?crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.