Domino’s Pizza, Inc. (DPZ) Holdings Raised by Caxton Associates LP
Caxton Associates LP boosted its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 20.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,954 shares of the restaurant operator’s stock after acquiring an additional 494 shares during the quarter. Caxton Associates LP’s holdings in Domino’s Pizza were worth $733,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DPZ. CWM LLC raised its stake in Domino’s Pizza by 613.3% during the 4th quarter. CWM LLC now owns 107 shares of the restaurant operator’s stock worth $27,000 after acquiring an additional 92 shares during the period. Ffcm LLC raised its stake in Domino’s Pizza by 91.1% during the 4th quarter. Ffcm LLC now owns 172 shares of the restaurant operator’s stock worth $43,000 after acquiring an additional 82 shares during the period. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Domino’s Pizza during the fourth quarter valued at approximately $89,000. Lido Advisors LLC bought a new stake in shares of Domino’s Pizza during the fourth quarter valued at approximately $209,000. Finally, Edgestream Partners L.P. bought a new stake in shares of Domino’s Pizza during the third quarter valued at approximately $223,000. Institutional investors own 92.07% of the company’s stock.
Several equities research analysts have recently issued reports on the stock. Maxim Group reiterated a “buy” rating and set a $305.00 price objective (down previously from $310.00) on shares of Domino’s Pizza in a research report on Friday, February 22nd. Wells Fargo & Co reduced their price objective on shares of Domino’s Pizza from $255.00 to $230.00 and set a “market perform” rating on the stock in a research report on Friday, January 11th. Citigroup reduced their price objective on shares of Domino’s Pizza from $293.00 to $282.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 6th. Cowen assumed coverage on shares of Domino’s Pizza in a research report on Friday, January 11th. They set an “outperform” rating and a $290.00 price objective on the stock. Finally, Zacks Investment Research upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $271.00 price objective on the stock in a research report on Tuesday, December 18th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $286.90.
Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, February 21st. The restaurant operator reported $2.62 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.07). Domino’s Pizza had a negative return on equity of 12.46% and a net margin of 10.54%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm posted $2.09 EPS. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. On average, analysts forecast that Domino’s Pizza, Inc. will post 9.37 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.06%. The ex-dividend date is Thursday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $0.55. Domino’s Pizza’s payout ratio is currently 26.13%.
Domino’s Pizza Profile
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates through three segments: Domestic Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.
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