Domino’s Pizza Inc $DPZ Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd grew its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 857.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 18,868 shares of the restaurant operator’s stock after purchasing an additional 16,898 shares during the quarter. WINTON GROUP Ltd’s holdings in Domino’s Pizza were worth $5,586,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. SHP Wealth Management acquired a new stake in shares of Domino’s Pizza in the 4th quarter valued at about $25,000. Rakuten Securities Inc. acquired a new position in Domino’s Pizza in the second quarter worth about $28,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 34 shares during the last quarter. Investors Research Corp increased its holdings in Domino’s Pizza by 9,900.0% in the second quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 99 shares during the last quarter. Finally, MBM Wealth Consultants LLC bought a new stake in Domino’s Pizza in the first quarter valued at about $31,000. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on DPZ shares. UBS Group increased their target price on Domino’s Pizza from $375.00 to $385.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. JPMorgan Chase & Co. lowered their price target on Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Evercore reissued an “outperform” rating on shares of Domino’s Pizza in a research report on Thursday, July 9th. Oppenheimer reduced their price objective on Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 21st. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $350.00 price objective on shares of Domino’s Pizza in a report on Monday, August 24th. Sixteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $398.06.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, CEO Russell Weiner sold 10,850 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the sale, the chief executive officer directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kelly Garcia sold 12,430 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the sale, the executive vice president owned 9,352 shares in the company, valued at $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 23,767 shares of company stock valued at $7,737,107. Insiders own 0.89% of the company’s stock.

Domino’s Pizza Trading Down 1.3%

Shares of NASDAQ DPZ opened at $317.30 on Friday. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $458.29. The company has a market cap of $10.50 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 1.48 and a beta of 0.94. The stock’s 50 day simple moving average is $336.15 and its 200 day simple moving average is $342.49.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, July 20th. The restaurant operator reported $4.07 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 firm had revenue of $1.19 billion during the quarter. During the same period last year, the business posted $3.81 EPS. The company’s revenue was up 4.3% compared to the same quarter last year. As a group, equities analysts forecast that Domino’s Pizza Inc will post 18.88 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s payout ratio is currently 45.15%.

Domino’s Pizza Profile

Domino’s Pizza, Inc is a global restaurant company that operates and franchises stores under the Domino’s brand. Its core business centers on the preparation and delivery of made-to-order pizzas, with carryout and digital ordering also playing important roles in its customer service model.

The company’s menu includes a variety of pizzas, crusts and toppings, along with side dishes, chicken, sandwiches, desserts and beverages. Domino’s also operates a supply chain business that produces and distributes food, equipment and other products to company-owned and franchised stores, supporting consistency across its restaurant network.

Founded in 1960 in Ypsilanti, Michigan, Domino’s was initially known as Dominick’s before adopting its current name in 1965.