Atom Investors LP Purchases Shares of 9,530 Domino’s Pizza Inc $DPZ

Atom Investors LP purchased a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the 4th quarter, HoldingsChannel reports. The firm purchased 9,530 shares of the restaurant operator’s stock, valued at approximately $3,972,000.

Several other institutional investors have also added to or reduced their stakes in the business. Huntleigh Advisors Inc. boosted its position in Domino’s Pizza by 5.0% during the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock valued at $221,000 after buying an additional 25 shares during the period. Parallel Advisors LLC boosted its position in Domino’s Pizza by 2.9% during the third quarter. Parallel Advisors LLC now owns 965 shares of the restaurant operator’s stock valued at $417,000 after buying an additional 27 shares during the period. Colonial Trust Co SC boosted its position in Domino’s Pizza by 5.3% during the third quarter. Colonial Trust Co SC now owns 561 shares of the restaurant operator’s stock valued at $242,000 after buying an additional 28 shares during the period. OneDigital Investment Advisors LLC boosted its position in Domino’s Pizza by 3.9% during the third quarter. OneDigital Investment Advisors LLC now owns 808 shares of the restaurant operator’s stock valued at $349,000 after buying an additional 30 shares during the period. Finally, Enhancing Capital LLC boosted its position in Domino’s Pizza by 1.9% during the third quarter. Enhancing Capital LLC now owns 1,768 shares of the restaurant operator’s stock valued at $763,000 after buying an additional 33 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 488 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $313.16, for a total value of $152,822.08. Following the completion of the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $2,928,672.32. This represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 1,463 shares of company stock valued at $466,807 over the last ninety days. 0.89% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on DPZ shares. Deutsche Bank Aktiengesellschaft cut their price target on shares of Domino’s Pizza from $480.00 to $435.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Benchmark cut their price target on shares of Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Northcoast Research lowered their price objective 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. Piper Sandler lowered their price objective on shares of Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Finally, Robert W. Baird lowered their price objective on shares of Domino’s Pizza from $495.00 to $400.00 and set an “outperform” rating for the company in a research note on Monday, April 27th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $418.13.

Domino’s Pizza Trading Up 1.3%

Shares of NASDAQ:DPZ opened at $320.51 on Wednesday. The company has a market cap of $10.66 billion, a price-to-earnings ratio of 18.45, a price-to-earnings-growth ratio of 1.47 and a beta of 0.97. The company has a 50-day moving average price of $333.04 and a 200-day moving average price of $378.04. Domino’s Pizza Inc has a 12 month low of $297.48 and a 12 month high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing the consensus estimate of $4.29 by ($0.16). The firm had revenue of $1.15 billion for the quarter. Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The company’s revenue was up 3.5% on a year-over-year basis. During the same period last year, the business posted $4.33 earnings per share. As a group, research analysts forecast that Domino’s Pizza Inc will post 19.07 EPS for the current fiscal 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. This represents a $7.96 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s dividend payout ratio is presently 45.83%.

Domino’s Pizza 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.