Simon Quick Advisors LLC Purchases 322 Shares of Domino’s Pizza Inc $DPZ

Simon Quick Advisors LLC increased its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 73.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 762 shares of the restaurant operator’s stock after acquiring an additional 322 shares during the quarter. Simon Quick Advisors LLC’s holdings in Domino’s Pizza were worth $343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Teacher Retirement System of Texas bought a new stake in Domino’s Pizza during the first quarter valued at about $2,319,000. D.A. Davidson & CO. grew its holdings in Domino’s Pizza by 21.4% during the first quarter. D.A. Davidson & CO. now owns 5,985 shares of the restaurant operator’s stock valued at $2,750,000 after purchasing an additional 1,057 shares during the period. OneDigital Investment Advisors LLC grew its holdings in Domino’s Pizza by 15.6% during the first quarter. OneDigital Investment Advisors LLC now owns 899 shares of the restaurant operator’s stock valued at $413,000 after purchasing an additional 121 shares during the period. IFM Investors Pty Ltd boosted its stake in shares of Domino’s Pizza by 14.5% in the first quarter. IFM Investors Pty Ltd now owns 7,150 shares of the restaurant operator’s stock worth $3,076,000 after acquiring an additional 906 shares during the period. Finally, Impax Asset Management Group plc bought a new position in shares of Domino’s Pizza in the first quarter worth about $633,000. Institutional investors own 94.63% of the company’s stock.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.83% of the company’s stock.

Domino’s Pizza Price Performance

Shares of DPZ stock opened at $398.46 on Monday. Domino’s Pizza Inc has a 1 year low of $394.30 and a 1 year high of $500.55. The stock’s 50 day simple moving average is $432.56 and its two-hundred day simple moving average is $454.64. The company has a market cap of $13.46 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 2.15 and a beta of 1.12.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.12. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.19 earnings per share. Equities research analysts expect that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be given a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, December 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 40.68%.

Analysts Set New Price Targets

DPZ has been the subject of a number of recent analyst reports. Citigroup dropped their price objective on Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating for the company in a research note on Tuesday, September 30th. Mizuho raised Domino’s Pizza to a “strong-buy” rating in a research note on Tuesday, October 28th. Piper Sandler dropped their price objective on Domino’s Pizza from $477.00 to $443.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. Weiss Ratings lowered Domino’s Pizza from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $510.00 price objective on shares of Domino’s Pizza in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $490.32.

Domino’s Pizza Company Profile

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.