Domino’s Pizza Inc $DPZ Stock Holdings Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 4.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,046 shares of the restaurant operator’s stock after acquiring an additional 141 shares during the period. Janney Montgomery Scott LLC’s holdings in Domino’s Pizza were worth $1,373,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in DPZ. Charles Schwab Investment Management Inc. acquired a new stake in shares of Domino’s Pizza in the 1st quarter worth approximately $110,348,000. Invesco Ltd. lifted its stake in shares of Domino’s Pizza by 32.9% in the 1st quarter. Invesco Ltd. now owns 809,658 shares of the restaurant operator’s stock worth $371,997,000 after acquiring an additional 200,622 shares during the period. Bristol Gate Capital Partners Inc. acquired a new stake in shares of Domino’s Pizza in the 1st quarter worth approximately $92,085,000. Nuveen LLC acquired a new stake in shares of Domino’s Pizza in the 1st quarter worth approximately $45,344,000. Finally, Woodline Partners LP lifted its stake in shares of Domino’s Pizza by 237.9% in the 1st quarter. Woodline Partners LP now owns 85,704 shares of the restaurant operator’s stock worth $39,377,000 after acquiring an additional 60,337 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their price target on shares of Domino’s Pizza from $490.00 to $450.00 and set an “equal weight” rating for the company in a research note on Wednesday. Royal Bank Of Canada lowered shares of Domino’s Pizza from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $550.00 to $500.00 in a research note on Tuesday, July 29th. UBS Group reissued a “buy” rating and set a $540.00 target price on shares of Domino’s Pizza in a research note on Tuesday, July 22nd. Benchmark increased their target price on shares of Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Finally, Melius assumed coverage on shares of Domino’s Pizza in a research note on Monday, July 14th. They set a “hold” rating and a $500.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus target price of $493.30.

Insider Buying and Selling

In related news, Director James A. Goldman sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director owned 3,384 shares of the company’s stock, valued at approximately $1,527,842.16. This trade represents a 22.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.83% of the company’s stock.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $406.37 on Monday. The company has a 50 day moving average price of $442.41 and a 200 day moving average price of $458.89. Domino’s Pizza Inc has a 52 week low of $397.12 and a 52 week high of $500.55. The firm has a market capitalization of $13.80 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 2.22 and a beta of 1.12.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, July 21st. The restaurant operator reported $3.81 EPS for the quarter, missing analysts’ consensus estimates of $3.93 by ($0.12). Domino’s Pizza had a negative return on equity of 15.09% and a net margin of 12.49%.The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the business posted $4.03 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. Equities analysts forecast that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a $1.74 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $6.96 dividend on an annualized basis and a yield of 1.7%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 40.42%.

About Domino’s Pizza

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.