Leonteq Securities AG Acquires 2,488 Shares of Domino’s Pizza Inc $DPZ

Leonteq Securities AG increased its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 89.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,260 shares of the restaurant operator’s stock after purchasing an additional 2,488 shares during the period. Leonteq Securities AG’s holdings in Domino’s Pizza were worth $1,887,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SHP Wealth Management bought a new stake in shares of Domino’s Pizza in the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Domino’s Pizza by 97.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in shares of Domino’s Pizza in the 1st quarter worth about $31,000. Johnson Financial Group Inc. increased its position in shares of Domino’s Pizza by 200.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares in the last quarter. Finally, Arax Advisory Partners acquired a new stake in shares of Domino’s Pizza during the 4th quarter worth about $42,000. Institutional investors own 94.63% of the company’s stock.

Insider Activity at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 487 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $311.74, for a total value of $151,817.38. Following the completion of the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $2,915,392.48. This trade represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold 1,463 shares of company stock worth $466,807 over the last quarter. 0.89% of the stock is owned by corporate insiders.

Domino’s Pizza Stock Up 2.5%

Shares of NASDAQ DPZ opened at $311.66 on Friday. The firm’s 50-day simple moving average is $315.92 and its 200 day simple moving average is $367.59. The company has a market cap of $10.37 billion, a price-to-earnings ratio of 17.94, a price-to-earnings-growth ratio of 1.42 and a beta of 0.97. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The company had revenue of $1.15 billion during the quarter. During the same period in the previous year, the firm earned $4.33 EPS. The company’s quarterly revenue was up 3.5% on a year-over-year basis. On average, equities analysts expect that Domino’s Pizza Inc will post 18.99 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Domino’s Pizza’s dividend payout ratio is 45.83%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Piper Sandler reduced their price target on shares of Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Sanford C. Bernstein decreased their price objective on shares of Domino’s Pizza from $470.00 to $390.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 28th. Citigroup dropped their price objective on shares of Domino’s Pizza from $425.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. DA Davidson cut their target price on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, HSBC reduced their target price on Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Seventeen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average target price of $411.35.

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.