Domino’s Pizza Inc $DPZ Shares Acquired by Lido Advisors LLC

Lido Advisors LLC lifted its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 3.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,819 shares of the restaurant operator’s stock after purchasing an additional 2,203 shares during the period. Lido Advisors LLC owned about 0.20% of Domino’s Pizza worth $24,333,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of DPZ. SHP Wealth Management acquired a new stake in Domino’s Pizza during the fourth quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Domino’s Pizza by 97.1% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after buying an additional 34 shares during the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza in the 1st quarter worth approximately $31,000. Cornerstone Planning Group LLC grew its position in shares of Domino’s Pizza by 450.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after acquiring an additional 81 shares in the last quarter. Finally, Johnson Financial Group Inc. grew its position in shares of Domino’s Pizza by 200.0% in 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. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction dated 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 owned 9,352 shares in the company, valued at approximately $2,928,672.32. This represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 1,950 shares of company stock worth $611,451 over the last three months. Insiders own 0.89% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DPZ. JPMorgan Chase & Co. dropped their price target on Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Citigroup decreased their price objective on shares of Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating for the company in a report on Tuesday, July 7th. TD Cowen boosted their target price on shares of Domino’s Pizza from $295.00 to $310.00 and gave the company a “hold” rating in a research note on Monday. Northcoast Research lowered their target price on shares of Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Finally, BTIG Research reissued a “buy” rating and set a $425.00 target price on shares of Domino’s Pizza in a report on Tuesday. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $402.16.

More Domino’s Pizza News

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Domino’s reported quarterly revenue of about $1.19 billion, topping estimates and signaling that sales momentum is holding up better than expected. Domino’s Pizza shares rise as quarterly revenue tops estimates
• Positive Sentiment: Analysts responded with multiple price-target updates that still imply meaningful upside, including BMO, Oppenheimer, Wells Fargo and BTIG, which supports the stock after earnings. These Analysts Revise Their Forecasts On Domino’s After Q2 Results
• Positive Sentiment: Some commentary highlighted strong free cash flow and attractive valuation, suggesting investors may view DPZ as inexpensive relative to its earnings power. Domino’s Pizza Delivers Strong FCF and FCF Margins – Is DPZ Stock Too Cheap?
• Neutral Sentiment: Domino’s launched S’mores Lava Cakes nationwide, a marketing/menu move that could help traffic but is not a major near-term earnings catalyst. Domino’s Pizza (DPZ) Launches S’mores Lava Cakes Nationwide Across The U.S.
• Negative Sentiment: Adjusted EPS missed consensus, and several reports said the outlook remains murky due to weaker ticket trends, promotion pressure and higher costs. Domino’s revenue beats estimates as supply-chain business offsets weak demand
• Negative Sentiment: CEO Russell Weiner sold 10,850 shares for about $3.6 million, which may raise some investor caution about insider sentiment. Domino’s CEO Russell Weiner Sells 10,850 Shares for $3.6 Million — Should Investors Be Worried?

Domino’s Pizza Trading Down 2.0%

NASDAQ:DPZ opened at $319.83 on Thursday. The stock has a 50 day moving average of $309.79 and a 200-day moving average of $356.34. The firm has a market capitalization of $10.58 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 1.61 and a beta of 0.97. Domino’s Pizza Inc has a 52 week low of $282.00 and a 52 week high of $486.68.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company had revenue of $1.19 billion during the quarter. During the same quarter last year, the business posted $3.81 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. As a group, analysts predict that Domino’s Pizza Inc will post 18.86 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.15%.

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.