Domino’s Pizza Inc $DPZ Shares Acquired by Lido Advisors LLC

Lido Advisors LLC raised its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,819 shares of the restaurant operator’s stock after buying an additional 2,203 shares during the period. Lido Advisors LLC’s holdings in Domino’s Pizza were worth $24,333,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DPZ. SHP Wealth Management acquired a new stake in shares of Domino’s Pizza in the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Domino’s Pizza by 97.1% in the fourth 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 in the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza during the first quarter valued at approximately $31,000. Cornerstone Planning Group LLC increased its stake in shares of Domino’s Pizza by 450.0% during the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after acquiring an additional 81 shares during the period. Finally, Johnson Financial Group Inc. raised its holdings in Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Price Performance

DPZ stock opened at $319.83 on Thursday. Domino’s Pizza Inc has a 12 month low of $282.00 and a 12 month high of $486.68. The firm has a market cap of $10.58 billion, a PE ratio of 18.14, a P/E/G ratio of 1.61 and a beta of 0.97. The firm has a 50 day simple moving average of $309.79 and a 200 day simple moving average of $356.34.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The business had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm earned $3.81 EPS. As a group, sell-side analysts expect that Domino’s Pizza Inc will post 18.86 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 45.15%.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 487 shares of Domino’s Pizza stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total value of $144,643.87. Following the transaction, the executive vice president directly owned 9,352 shares in the company, valued at $2,777,637.52. The trade was a 4.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 1,950 shares of company stock worth $611,451. Company insiders own 0.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on DPZ shares. DA Davidson cut their target price on Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Jefferies Financial Group lowered their price target on Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating on the stock in a research report on Tuesday, April 28th. Northcoast Research dropped their price objective on Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Wells Fargo & Company upped their price objective on Domino’s Pizza from $325.00 to $350.00 and gave the company an “equal weight” rating in a report on Tuesday. Finally, Benchmark reaffirmed a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday. Eighteen 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 an average target price of $402.16.

Key Domino’s Pizza News

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Domino’s reported quarterly revenue of about $1.19 billion, topping estimates and signaling that sales momentum is holding up better than expected. Domino’s Pizza shares rise as quarterly revenue tops estimates
• Positive Sentiment: Analysts responded with multiple price-target updates that still imply meaningful upside, including BMO, Oppenheimer, Wells Fargo and BTIG, which supports the stock after earnings. These Analysts Revise Their Forecasts On Domino’s After Q2 Results
• Positive Sentiment: Some commentary highlighted strong free cash flow and attractive valuation, suggesting investors may view DPZ as inexpensive relative to its earnings power. Domino’s Pizza Delivers Strong FCF and FCF Margins – Is DPZ Stock Too Cheap?
• Neutral Sentiment: Domino’s launched S’mores Lava Cakes nationwide, a marketing/menu move that could help traffic but is not a major near-term earnings catalyst. Domino’s Pizza (DPZ) Launches S’mores Lava Cakes Nationwide Across The U.S.
• Negative Sentiment: Adjusted EPS missed consensus, and several reports said the outlook remains murky due to weaker ticket trends, promotion pressure and higher costs. Domino’s revenue beats estimates as supply-chain business offsets weak demand
• Negative Sentiment: CEO Russell Weiner sold 10,850 shares for about $3.6 million, which may raise some investor caution about insider sentiment. Domino’s CEO Russell Weiner Sells 10,850 Shares for $3.6 Million — Should Investors Be Worried?

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.