Moseley Investment Management Inc. Has $847,000 Position in Domino’s Pizza Inc $DPZ

Moseley Investment Management Inc. increased its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 6.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,879 shares of the restaurant operator’s stock after acquiring an additional 120 shares during the period. Moseley Investment Management Inc.’s holdings in Domino’s Pizza were worth $847,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Praxis Investment Management Inc. acquired a new stake in shares of Domino’s Pizza during the 1st quarter valued at about $414,000. Sowell Financial Services LLC acquired a new position in Domino’s Pizza in the first quarter valued at about $282,000. Cornerstone Wealth Group LLC boosted its position in Domino’s Pizza by 41.0% in the first quarter. Cornerstone Wealth Group LLC now owns 20,417 shares of the restaurant operator’s stock valued at $9,381,000 after buying an additional 5,939 shares in the last quarter. Value Partners Investments Inc. boosted its position in Domino’s Pizza by 317.4% in the first quarter. Value Partners Investments Inc. now owns 7,397 shares of the restaurant operator’s stock valued at $3,401,000 after buying an additional 5,625 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its position in Domino’s Pizza by 2.9% in the first quarter. Ritholtz Wealth Management now owns 2,299 shares of the restaurant operator’s stock valued at $1,056,000 after buying an additional 64 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DPZ has been the topic of a number of recent analyst reports. Melius initiated 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 target on the stock. Loop Capital boosted their price target on shares of Domino’s Pizza from $564.00 to $574.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Morgan Stanley boosted their price target on shares of Domino’s Pizza from $520.00 to $535.00 and gave the company an “overweight” rating in a research report on Wednesday. UBS Group restated a “buy” rating and issued a $540.00 target price on shares of Domino’s Pizza in a research note on Tuesday, July 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Domino’s Pizza in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus target price of $491.32.

Insider Buying and Selling

In other news, Director James A. Goldman sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the completion of the transaction, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.83% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of NASDAQ:DPZ opened at $405.33 on Friday. 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 $13.76 billion, a PE ratio of 23.54, a PEG ratio of 2.26 and a beta of 1.12. The company has a 50 day moving average price of $443.60 and a two-hundred day moving average price of $459.40.

Domino’s Pizza (NASDAQ:DPZ) last issued its 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). Domino’s Pizza had a net margin of 12.49% and a negative return on equity of 15.09%. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the company posted $4.03 EPS. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. On average, sell-side analysts forecast that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, September 15th. Domino’s Pizza’s dividend payout ratio is presently 40.42%.

About Domino’s Pizza

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.