Domino’s Pizza Inc $DPZ Stock: Lido Advisors LLC Grows Holdings

Lido Advisors LLC increased its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 14.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 79,196 shares of the restaurant operator’s stock after purchasing an additional 10,002 shares during the period. Lido Advisors LLC’s holdings in Domino’s Pizza were worth $23,728,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pinnacle Bancorp Inc. boosted its holdings in Domino’s Pizza by 121.6% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 82 shares of the restaurant operator’s stock worth $25,000 after buying an additional 45 shares during the last quarter. Balance Wealth Partners LLC purchased a new stake in shares of Domino’s Pizza during the third quarter worth $27,000. Rakuten Securities Inc. acquired a new stake in shares of Domino’s Pizza in the second quarter valued at about $28,000. Cornerstone Planning Group LLC raised its holdings in Domino’s Pizza by 450.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after acquiring an additional 81 shares during the last quarter. Finally, Investors Research Corp increased its holdings in shares of Domino’s Pizza by 9,900.0% in the second quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 99 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DPZ. Weiss Ratings restated a “hold (c-)” rating on shares of Domino’s Pizza in a research report on Wednesday, August 26th. Mizuho cut their price objective on Domino’s Pizza from $420.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. UBS Group reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Monday, October 5th. Gordon Haskett cut shares of Domino’s Pizza from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 14th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Domino’s Pizza in a research note on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $380.87.

Domino’s Pizza Price Performance

Shares of NASDAQ DPZ opened at $328.60 on Thursday. The stock’s 50-day moving average is $312.49 and its two-hundred day moving average is $340.49. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $442.35. The company has a market cap of $10.81 billion, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 1.52 and a beta of 0.95.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.33 by $0.27. The company had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. Domino’s Pizza’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $4.08 EPS. Equities research analysts anticipate that Domino’s Pizza Inc will post 19.10 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Tuesday, December 15th will be paid a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 15th. Domino’s Pizza’s dividend payout ratio is presently 43.86%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc. is a global pizza company that operates and franchises restaurants specializing in delivery and carryout. Its menu includes pizzas, chicken wings, sandwiches, pasta, bread sides, desserts and beverages, with offerings varying by location. The company traces its roots to a pizza shop opened in Ypsilanti, Michigan, in 1960. It adopted the Domino’s Pizza name in 1965 and has since grown through a predominantly franchised business model, serving customers in the United States and international markets.