3,737 Shares in Domino’s Pizza Inc $DPZ Bought by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,737 shares of the restaurant operator’s stock, valued at approximately $1,106,000.

Other institutional investors have also recently made changes to their positions in the company. Berkshire Hathaway Inc lifted its stake in Domino’s Pizza by 12.3% in the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock worth $1,396,347,000 after purchasing an additional 368,055 shares during the last quarter. Soroban Capital Partners LP bought a new position in shares of Domino’s Pizza during the first quarter valued at approximately $895,251,000. BlackRock Inc. purchased a new stake in shares of Domino’s Pizza in the second quarter worth approximately $715,704,000. T. Rowe Price Investment Management Inc. raised its holdings in shares of Domino’s Pizza by 0.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,008,278 shares of the restaurant operator’s stock worth $837,091,000 after buying an additional 7,497 shares during the period. Finally, State Street Corp lifted its stake in shares of Domino’s Pizza by 3.8% during the 4th quarter. State Street Corp now owns 1,368,924 shares of the restaurant operator’s stock worth $570,595,000 after acquiring an additional 49,613 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of NASDAQ DPZ opened at $341.08 on Friday. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $467.22. The firm has a market capitalization of $11.28 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.57 and a beta of 0.94. The stock has a 50 day moving average price of $333.96 and a 200 day moving average price of $344.20.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.81 EPS. Analysts forecast that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio is presently 45.15%.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The shares were 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 directly owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the transaction, the chief executive officer owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 24,254 shares of company stock worth $7,888,924. Insiders own 0.89% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on DPZ. Citigroup dropped their price objective on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating for the company in a report on Tuesday, July 7th. Loop Capital reiterated a “hold” rating and issued a $353.00 target price on shares of Domino’s Pizza in a research note on Monday, August 10th. Robert W. Baird reiterated a “neutral” rating and set a $350.00 target price on shares of Domino’s Pizza in a research report on Monday, August 24th. Morgan Stanley lowered their target price on shares of Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Finally, BTIG Research restated a “buy” rating and issued a $425.00 price target on shares of Domino’s Pizza in a report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $397.74.

Domino’s Pizza 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.