Y Intercept Hong Kong Ltd Invests $7.08 Million in Domino’s Pizza Inc $DPZ

Y Intercept Hong Kong Ltd acquired a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,719 shares of the restaurant operator’s stock, valued at approximately $7,083,000.

Several other large investors have also modified their holdings of the stock. HighPoint Advisor Group LLC lifted its holdings in shares of Domino’s Pizza by 3.2% in the first quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator’s stock valued at $332,000 after purchasing an additional 21 shares in the last quarter. AGP Franklin LLC lifted its holdings in shares of Domino’s Pizza by 0.4% in the first quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator’s stock valued at $2,403,000 after purchasing an additional 21 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Domino’s Pizza by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator’s stock valued at $1,912,000 after purchasing an additional 21 shares in the last quarter. Compound Planning Inc. lifted its holdings in shares of Domino’s Pizza by 4.1% in the first quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator’s stock valued at $258,000 after purchasing an additional 22 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Domino’s Pizza by 16.0% in the first quarter. Allworth Financial LP now owns 174 shares of the restaurant operator’s stock valued at $85,000 after purchasing an additional 24 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on DPZ shares. Melius started coverage on Domino’s Pizza in a report on Monday, July 14th. They issued a “hold” rating and a $500.00 target price for the company. Benchmark increased their target price on Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Wells Fargo & Company cut their price objective on Domino’s Pizza from $490.00 to $450.00 and set an “equal weight” rating for the company in a report on Wednesday, October 8th. Bank of America increased their price objective on Domino’s Pizza from $514.00 to $536.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, Royal Bank Of Canada cut their price objective on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Domino’s Pizza has an average rating of “Hold” and a consensus target price of $490.32.

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 dated Monday, August 18th. The stock was sold at an average price of $451.49, for a total transaction of $451,490.00. Following the transaction, the director directly owned 3,384 shares in the company, valued at $1,527,842.16. This trade represents a 22.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.83% of the stock is currently owned by company insiders.

Domino’s Pizza Price Performance

NASDAQ DPZ opened at $412.70 on Tuesday. Domino’s Pizza Inc has a fifty-two week low of $397.12 and a fifty-two week high of $500.55. The stock’s 50-day moving average is $436.00 and its two-hundred day moving average is $456.37. The firm has a market cap of $13.95 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.12. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the company earned $4.19 earnings per share. The business’s revenue was up 6.2% compared to the same quarter last year. On average, equities 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 issued a dividend of $1.74 per share. This represents a $6.96 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, December 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 40.68%.

Domino’s Pizza 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.