WINTON GROUP Ltd grew its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 547.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,708 shares of the restaurant operator’s stock after purchasing an additional 18,354 shares during the quarter. WINTON GROUP Ltd’s holdings in Domino’s Pizza were worth $9,048,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jump Financial LLC purchased a new position in shares of Domino’s Pizza during the second quarter worth about $3,183,000. Investment Management Corp of Ontario grew its holdings in shares of Domino’s Pizza by 68.3% during the second quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after purchasing an additional 647 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Domino’s Pizza by 21.7% during the second quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock worth $36,480,000 after purchasing an additional 14,452 shares in the last quarter. Glenview Trust co grew its holdings in shares of Domino’s Pizza by 36.9% during the second quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock worth $511,000 after purchasing an additional 306 shares in the last quarter. Finally, HUB Investment Partners LLC grew its holdings in shares of Domino’s Pizza by 17.3% during the second quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock worth $596,000 after purchasing an additional 195 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.
Domino’s Pizza Price Performance
Shares of DPZ opened at $313.99 on Friday. The firm has a market cap of $10.44 billion, a P/E ratio of 18.08, a P/E/G ratio of 1.43 and a beta of 0.97. The stock has a 50 day simple moving average of $339.09 and a two-hundred day simple moving average of $382.59. Domino’s Pizza Inc has a 1 year low of $297.48 and a 1 year high of $496.00.
Domino’s Pizza Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $1.99 dividend. The ex-dividend date is Monday, June 15th. This represents a $7.96 annualized dividend and a yield of 2.5%. Domino’s Pizza’s payout ratio is presently 45.83%.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Argus raised Domino’s Pizza to a “hold” rating in a report on Monday, March 9th. Benchmark cut their price objective on Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Weiss Ratings lowered Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. JPMorgan Chase & Co. cut their price objective on Domino’s Pizza from $450.00 to $440.00 and set an “overweight” rating for the company in a report on Friday, April 24th. Finally, Piper Sandler cut their price objective on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Seventeen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $418.13.
Read Our Latest Research Report on Domino’s Pizza
Insiders Place Their Bets
In related news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $313.16, for a total transaction of $152,822.08. Following the completion of the transaction, the executive vice president owned 9,352 shares in the company, valued at $2,928,672.32. This represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.89% of the company’s stock.
Domino’s Pizza Company Profile
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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