Domino’s Pizza Inc $DPZ Shares Purchased by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lifted its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 54.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 13,714 shares of the restaurant operator’s stock after acquiring an additional 4,826 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Domino’s Pizza were worth $4,920,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Jump Financial LLC acquired a new stake in shares of Domino’s Pizza during the second quarter worth approximately $3,183,000. Investment Management Corp of Ontario raised its holdings in Domino’s Pizza by 68.3% during the second quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after purchasing an additional 647 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Domino’s Pizza by 21.7% in the second quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock valued at $36,480,000 after buying an additional 14,452 shares in the last quarter. Glenview Trust co raised its position in Domino’s Pizza by 36.9% during the second quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock valued at $511,000 after buying an additional 306 shares during the period. Finally, HUB Investment Partners LLC grew its stake in Domino’s Pizza by 17.3% in the second quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock valued at $596,000 after purchasing an additional 195 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on DPZ. Piper Sandler reduced their target price on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Weiss Ratings lowered Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. DA Davidson lowered their target price on Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday. Finally, Benchmark reduced their target price on Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $412.97.

Insiders Place Their Bets

In other news, EVP Kelly E. Garcia sold 488 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $313.16, for a total transaction of $152,822.08. Following the completion of the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $2,928,672.32. This represents a 4.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 1,463 shares of company stock valued at $466,807 in the last 90 days. 0.89% of the stock is owned by insiders.

Domino’s Pizza Trading Up 4.5%

Shares of Domino’s Pizza stock opened at $298.18 on Friday. The stock has a fifty day simple moving average of $321.40 and a 200 day simple moving average of $371.41. The company has a market capitalization of $9.92 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The business had revenue of $1.15 billion for the quarter. During the same quarter in the prior year, the business earned $4.33 EPS. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. On average, analysts predict that Domino’s Pizza Inc will post 18.98 EPS for the current year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s payout ratio is 45.83%.

About Domino’s Pizza

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.