Landscape Capital Management L.L.C. Makes New Investment in Domino’s Pizza Inc $DPZ

Landscape Capital Management L.L.C. bought a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, Holdings Channel reports. The firm bought 4,269 shares of the restaurant operator’s stock, valued at approximately $1,264,000.

Other hedge funds have also added to or reduced their stakes in the company. SHP Wealth Management acquired a new position in Domino’s Pizza in the 4th quarter valued at $25,000. Rakuten Securities Inc. acquired a new stake in shares of Domino’s Pizza during the second quarter worth $28,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after acquiring an additional 34 shares during the period. Investors Research Corp boosted its position 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 acquiring an additional 99 shares during the period. Finally, MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza in the first quarter valued at about $31,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. HSBC lowered their price target on shares of Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating on the stock in a research report on Tuesday, April 28th. TD Cowen increased their target price on shares of Domino’s Pizza from $295.00 to $310.00 and gave the stock a “hold” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. lowered their target price on shares of Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Barclays dropped their price objective on Domino’s Pizza from $370.00 to $315.00 and set an “underweight” rating for the company in a report on Monday, April 27th. Finally, Mizuho reduced their target price on Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus target price of $397.42.

Insider Buying and Selling at Domino’s Pizza

In related news, CEO Russell J. Weiner sold 10,850 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer owned 43,829 shares of the company’s stock, valued at $14,499,948.07. This trade represents a 19.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 9,352 shares in the company, valued at $3,011,718.08. This represents a 57.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 24,254 shares of company stock worth $7,888,924. 0.89% of the stock is currently owned by company insiders.

Domino’s Pizza Price Performance

NASDAQ DPZ opened at $341.85 on Monday. The business has a fifty day moving average price of $325.62 and a two-hundred day moving average price of $347.13. Domino’s Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $469.00. The stock has a market capitalization of $11.31 billion, a PE ratio of 19.39, a PEG ratio of 1.65 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business had revenue of $1.19 billion during the quarter. During the same quarter last year, the firm posted $3.81 EPS. The business’s revenue was up 4.3% on a year-over-year basis. As a group, sell-side analysts expect that Domino’s Pizza Inc will post 18.88 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 paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is presently 45.15%.

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.