J2 Capital Management Inc Purchases 170 Shares of Domino’s Pizza Inc $DPZ

J2 Capital Management Inc grew its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 36.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 637 shares of the restaurant operator’s stock after purchasing an additional 170 shares during the quarter. J2 Capital Management Inc’s holdings in Domino’s Pizza were worth $287,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Loudon Investment Management LLC bought a new position in shares of Domino’s Pizza in the second quarter valued at about $1,779,000. LBP AM SA bought a new position in shares of Domino’s Pizza in the second quarter valued at about $390,000. Truist Financial Corp raised its position in shares of Domino’s Pizza by 3,692.1% in the second quarter. Truist Financial Corp now owns 73,642 shares of the restaurant operator’s stock valued at $33,183,000 after purchasing an additional 71,700 shares during the period. Robbins Farley raised its position in shares of Domino’s Pizza by 0.9% in the second quarter. Robbins Farley now owns 8,423 shares of the restaurant operator’s stock valued at $3,795,000 after purchasing an additional 74 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Domino’s Pizza by 4.9% in the second quarter. Janney Montgomery Scott LLC now owns 3,046 shares of the restaurant operator’s stock valued at $1,373,000 after purchasing an additional 141 shares during the period. 94.63% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DPZ shares. Royal Bank Of Canada lowered shares of Domino’s Pizza from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $550.00 to $500.00 in a research report on Tuesday, July 29th. Benchmark increased their price objective on shares of Domino’s Pizza from $535.00 to $540.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Wells Fargo & Company increased their price objective on shares of Domino’s Pizza from $465.00 to $490.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 22nd. Melius began coverage on shares of Domino’s Pizza in a research report on Monday, July 14th. They issued a “hold” rating and a $500.00 price objective on the stock. Finally, Morgan Stanley upped their price target on shares of Domino’s Pizza from $510.00 to $514.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $490.04.

Domino’s Pizza Stock Performance

DPZ stock opened at $428.16 on Thursday. The company’s 50-day simple moving average is $450.28 and its 200 day simple moving average is $461.10. Domino’s Pizza Inc has a 52 week low of $397.12 and a 52 week high of $500.55. The company has a market capitalization of $14.54 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 2.37 and a beta of 1.12.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, July 21st. The restaurant operator reported $3.81 EPS for the quarter, missing the consensus estimate of $3.93 by ($0.12). The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Domino’s Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $4.03 earnings per share. On average, analysts forecast that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, September 15th. Domino’s Pizza’s dividend payout ratio is presently 40.42%.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, Director James A. Goldman sold 1,000 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $451.49, for a total transaction of $451,490.00. Following the sale, the director directly owned 3,384 shares in the company, valued at $1,527,842.16. This represents a 22.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.83% of the stock is owned by insiders.

Domino’s Pizza Company 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.