denkapparat Operations GmbH Takes $263,000 Position in Domino’s Pizza Inc $DPZ

denkapparat Operations GmbH acquired a new position in Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 584 shares of the restaurant operator’s stock, valued at approximately $263,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. RMG Wealth Management LLC bought a new stake in Domino’s Pizza in the second quarter worth approximately $25,000. LRI Investments LLC bought a new stake in Domino’s Pizza in the first quarter worth $27,000. Zions Bancorporation National Association UT acquired a new position in Domino’s Pizza during the first quarter worth $27,000. Signature Resources Capital Management LLC acquired a new position in Domino’s Pizza during the second quarter worth $29,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in Domino’s Pizza during the second quarter valued at about $31,000. Institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Mizuho raised Domino’s Pizza to a “strong-buy” rating in a report on Tuesday, October 28th. Morgan Stanley increased their price target on Domino’s Pizza from $520.00 to $535.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. TD Cowen reissued a “buy” rating and issued a $510.00 price target on shares of Domino’s Pizza in a research report on Tuesday, October 14th. Loop Capital upped their price objective on shares of Domino’s Pizza from $564.00 to $574.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. Finally, Bank of America raised their target price on shares of Domino’s Pizza from $514.00 to $536.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $490.32.

Domino’s Pizza Stock Performance

NASDAQ DPZ opened at $403.76 on Thursday. Domino’s Pizza Inc has a twelve month low of $392.89 and a twelve month high of $500.55. The stock has a market cap of $13.64 billion, a PE ratio of 23.60, a PEG ratio of 2.15 and a beta of 1.09. The firm has a 50-day simple moving average of $424.14 and a 200 day simple moving average of $450.72.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, beating the consensus estimate of $3.96 by $0.12. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the firm posted $4.19 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. Research analysts forecast that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 15th will be paid a $1.74 dividend. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, December 15th. Domino’s Pizza’s dividend payout ratio is presently 40.68%.

Insider Buying and Selling

In related news, Director James A. Goldman sold 1,000 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director directly owned 3,384 shares of the company’s stock, valued at $1,527,842.16. This trade represents a 22.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.83% of the stock is currently owned by company insiders.

Domino’s Pizza Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.