Stephens Inc. AR Reduces Holdings in Domino’s Pizza Inc $DPZ

Stephens Inc. AR decreased its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 6.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,170 shares of the restaurant operator’s stock after selling 145 shares during the period. Stephens Inc. AR’s holdings in Domino’s Pizza were worth $978,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. RMG Wealth Management LLC purchased a new stake in shares of Domino’s Pizza during the second quarter worth about $25,000. Alpine Bank Wealth Management purchased a new stake in shares of Domino’s Pizza during the first quarter worth about $25,000. LRI Investments LLC purchased a new stake in shares of Domino’s Pizza during the first quarter worth about $27,000. Zions Bancorporation National Association UT purchased a new stake in shares of Domino’s Pizza during the first quarter worth about $27,000. Finally, Signature Resources Capital Management LLC purchased a new stake in shares of Domino’s Pizza during the second quarter worth about $29,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of NASDAQ:DPZ opened at $414.86 on Friday. Domino’s Pizza Inc has a 1 year low of $397.12 and a 1 year high of $500.55. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 2.23 and a beta of 1.12. The business’s 50 day moving average price is $436.64 and its 200-day moving average price is $456.50.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (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 analyst estimates of $1.14 billion. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $4.19 EPS. On average, sell-side analysts expect that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be issued a $1.74 dividend. The ex-dividend date is Monday, December 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 presently 40.68%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Piper Sandler dropped their target price on Domino’s Pizza from $477.00 to $443.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. TD Cowen reiterated a “buy” rating and issued a $510.00 target price on shares of Domino’s Pizza in a research report on Tuesday, October 14th. Weiss Ratings lowered Domino’s Pizza from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Benchmark upped their price objective on Domino’s Pizza from $535.00 to $540.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. Finally, Sanford C. Bernstein upped their price objective on Domino’s Pizza from $460.00 to $490.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $489.92.

Insiders Place Their Bets

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

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.