Maverick Capital Ltd. lifted its stake in Domino’s Pizza Inc (NYSE:DPZ) by 22.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,450 shares of the restaurant operator’s stock after purchasing an additional 3,410 shares during the period. Maverick Capital Ltd.’s holdings in Domino’s Pizza were worth $3,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. IHT Wealth Management LLC grew its holdings in shares of Domino’s Pizza by 19.5% in the first quarter. IHT Wealth Management LLC now owns 569 shares of the restaurant operator’s stock worth $105,000 after purchasing an additional 93 shares during the last quarter. Commonwealth Bank of Australia grew its holdings in shares of Domino’s Pizza by 25.0% in the second quarter. Commonwealth Bank of Australia now owns 500 shares of the restaurant operator’s stock worth $105,000 after purchasing an additional 100 shares during the last quarter. Acrospire Investment Management LLC bought a new position in shares of Domino’s Pizza in the second quarter worth about $127,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Domino’s Pizza by 115.4% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the restaurant operator’s stock worth $145,000 after purchasing an additional 368 shares during the last quarter. Finally, Meeder Asset Management Inc. bought a new position in shares of Domino’s Pizza in the second quarter worth about $160,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

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Domino’s Pizza Inc (DPZ) traded down 0.32% during mid-day trading on Friday, reaching $205.37. 250,871 shares of the company were exchanged. The stock has a market capitalization of $9.91 billion, a price-to-earnings ratio of 40.81 and a beta of 0.36. Domino’s Pizza Inc has a 1-year low of $149.67 and a 1-year high of $221.58. The stock’s 50-day moving average price is $190.51 and its 200-day moving average price is $195.40.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.09. The company had revenue of $628.61 million during the quarter, compared to the consensus estimate of $609.87 million. Domino’s Pizza had a negative return on equity of 13.28% and a net margin of 9.40%. Domino’s Pizza’s revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.98 EPS. On average, equities research analysts anticipate that Domino’s Pizza Inc will post $5.70 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.89%. The ex-dividend date was Thursday, September 14th. Domino’s Pizza’s dividend payout ratio is currently 36.65%.

Domino’s Pizza declared that its board has authorized a stock repurchase plan on Wednesday, August 2nd that permits the company to repurchase $1.25 billion in shares. This repurchase authorization permits the restaurant operator to repurchase up to 13.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

A number of research analysts have recently commented on the stock. Wells Fargo & Company restated a “market perform” rating and issued a $210.00 price target (up from $204.00) on shares of Domino’s Pizza in a report on Monday. Credit Suisse Group AG assumed coverage on shares of Domino’s Pizza in a report on Wednesday. They issued a “neutral” rating and a $200.00 price target on the stock. Instinet restated a “neutral” rating and issued a $201.00 price target (up from $198.00) on shares of Domino’s Pizza in a report on Wednesday. Zacks Investment Research cut shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Stifel Nicolaus assumed coverage on shares of Domino’s Pizza in a report on Monday. They issued a “buy” rating and a $235.00 price target on the stock. Thirteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $199.46.

About Domino’s Pizza

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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