HS Management Partners LLC Invests $10.14 Million in Domino’s Pizza Inc $DPZ

HS Management Partners LLC purchased a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 34,262 shares of the restaurant operator’s stock, valued at approximately $10,143,000. Domino’s Pizza accounts for approximately 3.5% of HS Management Partners LLC’s holdings, making the stock its 18th largest position.

Several other institutional investors also recently modified their holdings of the business. SHP Wealth Management bought a new stake in Domino’s Pizza in the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in 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 acquiring an additional 34 shares during the period. Johnson Financial Group Inc. boosted its holdings 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 acquiring an additional 56 shares during the last quarter. MBM Wealth Consultants LLC purchased a new stake in shares of Domino’s Pizza during the 1st quarter valued at about $31,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Domino’s Pizza by 450.0% in the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after acquiring an additional 81 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction on Wednesday, July 22nd. The shares were 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 of the company’s stock, valued at $3,011,718.08. The trade was a 57.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the sale, the chief executive officer owned 43,829 shares of the company’s stock, valued at $14,499,948.07. This trade represents a 19.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 24,742 shares of company stock worth $8,041,746 over the last quarter. Insiders own 0.89% of the company’s stock.

Domino’s Pizza Stock Up 0.2%

Domino’s Pizza stock opened at $336.25 on Wednesday. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $469.00. The company has a market cap of $11.12 billion, a P/E ratio of 19.07, a P/E/G ratio of 1.67 and a beta of 0.94. The business has a 50-day simple moving average of $324.38 and a two-hundred day simple moving average of $348.63.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing the consensus estimate of $4.17 by ($0.10). The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.81 EPS. Research analysts anticipate that Domino’s Pizza Inc will post 18.88 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Robert W. Baird decreased their price objective 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. UBS Group restated a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. BMO Capital Markets cut their target price on shares of Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Morgan Stanley decreased their target price on shares of Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Finally, Benchmark reissued a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. Seventeen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $397.42.

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.