Stephens Inc. AR bought a new position in shares of Domino’s Pizza Inc (NYSE:DPZ) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,100 shares of the restaurant operator’s stock, valued at approximately $233,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Swiss National Bank grew its position in Domino’s Pizza by 2.9% during the second quarter. Swiss National Bank now owns 175,200 shares of the restaurant operator’s stock worth $37,060,000 after buying an additional 4,900 shares during the period. State of Wisconsin Investment Board grew its position in Domino’s Pizza by 17.4% during the first quarter. State of Wisconsin Investment Board now owns 32,021 shares of the restaurant operator’s stock worth $5,901,000 after buying an additional 4,738 shares during the period. KBC Group NV grew its position in Domino’s Pizza by 32.3% during the second quarter. KBC Group NV now owns 8,382 shares of the restaurant operator’s stock worth $1,773,000 after buying an additional 2,048 shares during the period. Chicago Equity Partners LLC grew its position in Domino’s Pizza by 572.2% during the second quarter. Chicago Equity Partners LLC now owns 122,105 shares of the restaurant operator’s stock worth $25,829,000 after buying an additional 103,940 shares during the period. Finally, Private Advisor Group LLC grew its position in Domino’s Pizza by 156.8% during the second quarter. Private Advisor Group LLC now owns 5,275 shares of the restaurant operator’s stock worth $1,116,000 after buying an additional 3,221 shares during the period. Institutional investors own 94.22% of the company’s stock.

Domino’s Pizza Inc (NYSE DPZ) opened at 197.21 on Friday. Domino’s Pizza Inc has a 52 week low of $149.67 and a 52 week high of $221.58. The company’s 50 day moving average is $188.46 and its 200 day moving average is $194.48. The stock has a market cap of $9.52 billion, a P/E ratio of 39.19 and a beta of 0.36.

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, topping the consensus estimate of $1.23 by $0.09. The business had revenue of $628.61 million for the quarter, compared to the consensus estimate of $609.87 million. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The firm’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period last year, the firm posted $0.98 earnings per share. Equities analysts predict that Domino’s Pizza Inc will post $5.69 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 36.65%.

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

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Several analysts have issued reports on the stock. BidaskClub downgraded shares of Domino’s Pizza from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 13th. Instinet reaffirmed a “neutral” rating and issued a $198.00 price target (up previously from $196.00) on shares of Domino’s Pizza in a report on Saturday, July 22nd. Zacks Investment Research downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. BTIG Research reaffirmed a “buy” rating and issued a $233.00 price target (up previously from $213.00) on shares of Domino’s Pizza in a report on Thursday, June 1st. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and issued a $212.00 price target on shares of Domino’s Pizza in a report on Tuesday, July 18th. Eleven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Domino’s Pizza has a consensus rating of “Hold” and an average price target of $197.14.

Domino’s Pizza Profile

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.

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

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