Leonteq Securities AG Purchases Shares of 2,772 Domino’s Pizza Inc $DPZ

Leonteq Securities AG purchased a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,772 shares of the restaurant operator’s stock, valued at approximately $1,155,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. ABN Amro Investment Solutions bought a new position in Domino’s Pizza during the 4th quarter valued at approximately $637,000. Partners Group Holding AG bought a new position in Domino’s Pizza during the 4th quarter valued at approximately $611,000. GSA Capital Partners LLP raised its position in Domino’s Pizza by 87.5% during the 4th quarter. GSA Capital Partners LLP now owns 3,735 shares of the restaurant operator’s stock valued at $1,557,000 after purchasing an additional 1,743 shares during the last quarter. Larson Financial Group LLC raised its position in Domino’s Pizza by 8.3% during the 4th quarter. Larson Financial Group LLC now owns 1,478 shares of the restaurant operator’s stock valued at $616,000 after purchasing an additional 113 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its position in Domino’s Pizza by 90.9% during the 4th quarter. Handelsbanken Fonder AB now owns 10,480 shares of the restaurant operator’s stock valued at $4,368,000 after purchasing an additional 4,991 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

DPZ stock opened at $316.47 on Friday. Domino’s Pizza Inc has a fifty-two week low of $297.48 and a fifty-two week high of $496.00. The business’s 50 day moving average price is $354.46 and its two-hundred day moving average price is $389.77. The company has a market capitalization of $10.53 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 1.46 and a beta of 1.02.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). The firm had revenue of $1.15 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The business’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the business earned $4.33 EPS. Sell-side analysts forecast that Domino’s Pizza Inc will post 19.15 earnings per share for the current year.

Domino’s Pizza Announces Dividend

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 paid a $1.99 dividend. The ex-dividend date is Monday, June 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. Domino’s Pizza’s dividend payout ratio is presently 45.83%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Evercore lowered their price target on Domino’s Pizza from $510.00 to $400.00 and set an “outperform” rating for the company in a research report on Tuesday, April 28th. Sanford C. Bernstein reduced their target price on Domino’s Pizza from $470.00 to $390.00 and set a “market perform” rating on the stock in a report on Tuesday, April 28th. Royal Bank Of Canada reduced their target price on Domino’s Pizza from $400.00 to $350.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 28th. The Goldman Sachs Group reduced their target price on Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. 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 issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $419.74.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $332.31, for a total value of $162,167.28. Following the sale, the executive vice president owned 9,352 shares in the company, valued at $3,107,763.12. This represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.89% of the stock is owned by insiders.

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.