Domino’s Pizza Inc $DPZ Shares Bought by Sei Investments Co.

Sei Investments Co. lifted its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 28.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,424 shares of the restaurant operator’s stock after acquiring an additional 23,498 shares during the quarter. Sei Investments Co.’s holdings in Domino’s Pizza were worth $37,827,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. SHP Wealth Management purchased a new position in Domino’s Pizza in the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares in the last quarter. MBM Wealth Consultants LLC purchased a new stake in Domino’s Pizza during the first quarter worth $31,000. Cornerstone Planning Group LLC grew its holdings in Domino’s Pizza by 450.0% in the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after purchasing an additional 81 shares during the last quarter. Finally, Johnson Financial Group Inc. grew its holdings in Domino’s Pizza by 200.0% in the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on DPZ shares. Deutsche Bank Aktiengesellschaft cut their price target on Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. BMO Capital Markets lowered their price objective on shares of Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 21st. Robert W. Baird dropped their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set an “outperform” rating for the company in a report on Tuesday, June 23rd. Evercore restated an “outperform” rating on shares of Domino’s Pizza in a research report on Thursday, July 9th. Finally, DA Davidson cut their target price on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $402.16.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $332.97 on Monday. Domino’s Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $486.68. The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.62 and a beta of 0.97. The stock has a fifty day moving average of $310.79 and a two-hundred day moving average of $355.07.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data 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). The company had revenue of $1.19 billion during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.81 EPS. On average, analysts forecast that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 45.15%.

Insider Activity at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 487 shares of Domino’s Pizza stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $297.01, for a total transaction of $144,643.87. Following the completion of the sale, the executive vice president directly owned 9,352 shares in the company, valued at $2,777,637.52. The trade was a 4.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 1,950 shares of company stock worth $611,451 in the last ninety days. Insiders own 0.89% of the company’s stock.

Key Domino’s Pizza News

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

• Positive Sentiment: Wells Fargo raised its price target on Domino’s Pizza (DPZ) to $350, signaling improved expectations for the stock. Wells Fargo & Company Raises Domino’s Pizza (NASDAQ:DPZ) Price Target to $350.00
• Positive Sentiment: BTIG Research reiterated a Buy rating on Domino’s Pizza, reinforcing a favorable analyst outlook. Domino’s Pizza (NASDAQ:DPZ) Earns Buy Rating from BTIG Research
• Positive Sentiment: Consensus analyst coverage remains supportive, with Domino’s Pizza receiving an average “Moderate Buy” recommendation. Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Several articles argue Domino’s may still be undervalued or trading at an attractive earnings multiple after stronger-than-expected Q2 revenue, which can support bullish sentiment. Is Domino’s Pizza (DPZ) Undervalued After Stronger Than Expected Q2 Revenue?
• Neutral Sentiment: A piece on Domino’s trading at a premium to cash flow but a discount to earnings suggests the stock may be fairly valued rather than clearly expensive or cheap. Dominos (DPZ) Stock May Trade At A Premium To Cash Flow But A Discount To Earnings
• Neutral Sentiment: A short-interest update noted zero reported shares and no meaningful days-to-cover reading, so it does not provide a clear new directional signal for the stock.
• Negative Sentiment: Oppenheimer issued a more cautious forecast for Domino’s Pizza, and BMO Capital trimmed its price target to $420, which could temper enthusiasm. Oppenheimer Issues Pessimistic Forecast for Domino’s Pizza (NASDAQ:DPZ) Stock Price BMO Capital Markets Lowers Domino’s Pizza (NASDAQ:DPZ) Price Target to $420.00

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.