Oxford Financial Group LTD. LLC Buys Shares of 12,285 Domino’s Pizza Inc $DPZ

Oxford Financial Group LTD. LLC purchased a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,285 shares of the restaurant operator’s stock, valued at approximately $3,637,000. Domino’s Pizza comprises approximately 0.2% of Oxford Financial Group LTD. LLC’s investment portfolio, making the stock its 29th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of DPZ. Trillium Asset Management LLC acquired a new position in shares of Domino’s Pizza in the second quarter valued at approximately $4,232,000. Vise Technologies Inc. acquired a new stake in Domino’s Pizza during the second quarter worth approximately $234,000. Aurora Investment Counsel purchased a new stake in Domino’s Pizza in the 2nd quarter worth approximately $2,405,000. Shepherd Financial Partners LLC purchased a new stake in Domino’s Pizza in the 2nd quarter worth approximately $560,000. Finally, NewEdge Wealth LLC acquired a new position in Domino’s Pizza in the 2nd quarter valued at $295,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Stock Down 0.6%

DPZ opened at $334.37 on Friday. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $469.00. The company has a 50 day moving average of $325.26 and a two-hundred day moving average of $347.60. The company has a market cap of $11.06 billion, a P/E ratio of 18.97, a P/E/G ratio of 1.62 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.81 earnings per share. Research analysts anticipate that Domino’s Pizza Inc will post 18.88 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. This represents a $7.96 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is currently 45.15%.

Insider Activity

In other news, EVP Kelly E. Garcia sold 12,430 shares of the stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total value of $4,002,957.20. Following the completion of the sale, the executive vice president owned 9,352 shares in the company, valued at approximately $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the sale, the chief executive officer owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. This trade represents a 19.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 24,254 shares of company stock worth $7,888,924 over the last three months. 0.89% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on DPZ shares. Wells Fargo & Company increased their price target on Domino’s Pizza from $325.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Northcoast Research lowered their price objective on Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. BTIG Research reiterated a “buy” rating and set a $425.00 target price on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Weiss Ratings downgraded Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Finally, Barclays decreased their price target on Domino’s Pizza from $370.00 to $315.00 and set an “underweight” rating on the stock in a research note on Monday, April 27th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus target price of $397.42.

About Domino’s Pizza

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.