105,536 Shares in Domino’s Pizza Inc $DPZ Acquired by Value Investment Professionals LLC

Value Investment Professionals LLC acquired a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) in the first quarter, Holdings Channel.com reports. The firm acquired 105,536 shares of the restaurant operator’s stock, valued at approximately $37,865,000. Domino’s Pizza makes up approximately 17.4% of Value Investment Professionals LLC’s portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of DPZ. SHP Wealth Management purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of 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 valued at $29,000 after purchasing an additional 34 shares during the period. 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 valued at $36,000 after purchasing an additional 56 shares during the period. MBM Wealth Consultants LLC purchased a new stake in Domino’s Pizza during the 1st quarter worth about $31,000. Finally, Arax Advisory Partners purchased a new stake in Domino’s Pizza during the 4th quarter worth about $42,000. Institutional investors own 94.63% of the company’s stock.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 487 shares of Domino’s Pizza stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $311.74, for a total transaction of $151,817.38. Following the completion of the sale, the executive vice president directly owned 9,352 shares in the company, valued at $2,915,392.48. The trade was a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 1,463 shares of company stock valued at $466,807 over the last quarter. Company insiders own 0.89% of the company’s stock.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $311.66 on Friday. The stock has a market cap of $10.37 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 1.45 and a beta of 0.97. The business has a 50-day simple moving average of $314.84 and a 200 day simple moving average of $367.20. Domino’s Pizza Inc has a 52 week low of $282.00 and a 52 week high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.16). The business had revenue of $1.15 billion during the quarter. Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.33 earnings per share. On average, research analysts anticipate that Domino’s Pizza Inc will post 18.99 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 45.83%.

Analyst Ratings Changes

Several brokerages have commented on DPZ. BMO Capital Markets cut their target price on Domino’s Pizza from $500.00 to $450.00 and set an “outperform” rating for the company in a research note on Tuesday, April 28th. Morgan Stanley lowered their price target on shares of Domino’s Pizza from $430.00 to $395.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 28th. DA Davidson cut their price objective 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. Benchmark reduced their price objective on shares of Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Finally, Rothschild & Co Redburn decreased their target price on shares of Domino’s Pizza from $340.00 to $290.00 in a report on Monday, May 11th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus price target of $411.35.

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.