Domino’s Pizza Inc (DPZ) Position Maintained by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. maintained its position in Domino’s Pizza Inc (NYSE:DPZ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,315 shares of the restaurant operator’s stock at the end of the second quarter. Ferguson Wellman Capital Management Inc.’s holdings in Domino’s Pizza were worth $490,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IHT Wealth Management LLC increased its stake 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 valued at $105,000 after buying an additional 93 shares during the period. TrimTabs Asset Management LLC increased its stake in shares of Domino’s Pizza by 88.4% in the first quarter. TrimTabs Asset Management LLC now owns 682 shares of the restaurant operator’s stock valued at $126,000 after buying an additional 320 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position 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 valued at $145,000 after buying an additional 368 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Domino’s Pizza during the second quarter valued at about $160,000. Finally, MCF Advisors LLC boosted its position in shares of Domino’s Pizza by 0.5% in the first quarter. MCF Advisors LLC now owns 879 shares of the restaurant operator’s stock valued at $162,000 after buying an additional 4 shares during the period. 98.55% of the stock is currently owned by institutional investors.

Shares of Domino’s Pizza Inc (NYSE DPZ) traded up 0.17% on Friday, hitting $192.86. The stock had a trading volume of 756,034 shares. Domino’s Pizza Inc has a 12-month low of $143.47 and a 12-month high of $221.58. The firm has a market capitalization of $9.31 billion, a P/E ratio of 38.33 and a beta of 0.35. The company has a 50 day moving average of $203.55 and a 200-day moving average of $193.35.

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 Zacks’ consensus estimate of $1.23 by $0.09. The firm had revenue of $628.61 million for the quarter, compared to analysts’ expectations of $609.87 million. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The company’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 earnings per share. Equities analysts predict that Domino’s Pizza Inc will post $5.70 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, September 14th. Domino’s Pizza’s payout ratio is 36.65%.

Domino’s Pizza announced that its Board of Directors has approved a share buyback plan on Wednesday, August 2nd that allows the company to buyback $1.25 billion in outstanding shares. This buyback authorization allows the restaurant operator to purchase up to 13.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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Several equities analysts have recently issued reports on DPZ shares. Guggenheim initiated coverage on Domino’s Pizza in a research report on Friday, April 21st. They set a “buy” rating and a $192.00 price target on the stock. OTR Global restated a “positive” rating on shares of Domino’s Pizza in a report on Saturday, April 22nd. Stephens reaffirmed an “equal weight” rating and issued a $185.00 target price on shares of Domino’s Pizza in a research report on Friday, April 28th. Instinet reaffirmed a “neutral” rating and issued a $196.00 target price (up previously from $174.00) on shares of Domino’s Pizza in a research report on Saturday, April 29th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $185.00 target price (up previously from $180.00) on shares of Domino’s Pizza in a research report on Saturday, April 29th. Eleven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Domino’s Pizza currently has an average rating of “Hold” and a consensus target price of $195.38.

Domino’s Pizza Company 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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