Cambridge Investment Research Advisors Inc. Has $2.03 Million Stock Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Cambridge Investment Research Advisors Inc. lifted its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,352 shares of the restaurant operator’s stock after purchasing an additional 36 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Domino’s Pizza were worth $2,030,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. BlackRock Inc. boosted its position in Domino’s Pizza by 1.0% during the 1st quarter. BlackRock Inc. now owns 3,618,690 shares of the restaurant operator’s stock worth $1,330,918,000 after acquiring an additional 37,109 shares during the last quarter. Pershing Square Capital Management L.P. acquired a new position in Domino’s Pizza during the 1st quarter worth approximately $748,712,000. Principal Financial Group Inc. boosted its position in Domino’s Pizza by 14.5% during the 1st quarter. Principal Financial Group Inc. now owns 1,178,415 shares of the restaurant operator’s stock worth $433,410,000 after acquiring an additional 149,584 shares during the last quarter. Alliancebernstein L.P. boosted its position in Domino’s Pizza by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 1,112,280 shares of the restaurant operator’s stock worth $518,867,000 after acquiring an additional 25,090 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Domino’s Pizza by 0.5% during the 1st quarter. Geode Capital Management LLC now owns 694,730 shares of the restaurant operator’s stock worth $255,125,000 after acquiring an additional 3,408 shares during the last quarter. Institutional investors and hedge funds own 94.37% of the company’s stock.

DPZ has been the subject of a number of recent research reports. downgraded Domino’s Pizza from a “buy” rating to a “neutral” rating and set a $480.00 price target for the company. in a research report on Tuesday, July 6th. Wedbush upped their price objective on Domino’s Pizza from $520.00 to $585.00 and gave the stock an “outperform” rating in a research note on Friday, July 23rd. Stephens upped their price objective on Domino’s Pizza from $405.00 to $490.00 and gave the stock an “equal weight” rating in a research note on Monday, July 19th. They noted that the move was a valuation call. Robert W. Baird reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday, June 29th. Finally, Stifel Nicolaus upped their price objective on Domino’s Pizza from $435.00 to $485.00 and gave the stock a “hold” rating in a research note on Monday, July 19th. Sixteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has an average rating of “Hold” and a consensus target price of $495.39.

DPZ stock opened at $489.84 on Friday. The stock has a market capitalization of $18.05 billion, a price-to-earnings ratio of 39.50, a PEG ratio of 3.14 and a beta of 0.47. The business’s fifty day moving average price is $514.41 and its two-hundred day moving average price is $453.37. Domino’s Pizza, Inc. has a fifty-two week low of $319.71 and a fifty-two week high of $548.72.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Thursday, July 22nd. The restaurant operator reported $3.12 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.26. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $971.99 million. Domino’s Pizza had a negative return on equity of 13.60% and a net margin of 11.18%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.99 EPS. Equities research analysts expect that Domino’s Pizza, Inc. will post 13.57 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 30th. Shareholders of record on Wednesday, September 15th will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 0.77%. The ex-dividend date is Tuesday, September 14th. Domino’s Pizza’s payout ratio is 31.31%.

In other news, CEO Richard E. Allison, Jr. sold 14,480 shares of the stock in a transaction on Monday, July 26th. The stock was sold at an average price of $529.44, for a total transaction of $7,666,291.20. Following the sale, the chief executive officer now directly owns 53,563 shares of the company’s stock, valued at approximately $28,358,394.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Jessica L. Parrish sold 100 shares of the stock in a transaction on Thursday, July 29th. The stock was sold at an average price of $530.00, for a total value of $53,000.00. Following the sale, the vice president now directly owns 1,036 shares in the company, valued at $549,080. The disclosure for this sale can be found here. Insiders have sold a total of 68,710 shares of company stock worth $36,825,534 in the last quarter. Company insiders own 1.32% of the company’s stock.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc engages in the management of a network of company-owned and franchise-owned pizza stores. It operates through the following segments: U.S. Stores, International Franchise, and Supply Chain. The U.S. Stores segment consists of primarily of franchise operations. The International Franchise segment comprises a network of franchised stores.

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

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