TimesSquare Capital Management LLC Has $72.49 Million Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

TimesSquare Capital Management LLC decreased its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 28.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 260,500 shares of the restaurant operator’s stock after selling 101,785 shares during the period. TimesSquare Capital Management LLC owned 0.63% of Domino’s Pizza worth $72,492,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in Domino’s Pizza by 25.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,487 shares of the restaurant operator’s stock worth $2,918,000 after acquiring an additional 2,157 shares during the last quarter. Candriam Luxembourg S.C.A. increased its holdings in shares of Domino’s Pizza by 89.3% during the 2nd quarter. Candriam Luxembourg S.C.A. now owns 14,660 shares of the restaurant operator’s stock worth $4,062,000 after purchasing an additional 6,917 shares during the period. Stephens Investment Management Group LLC increased its holdings in shares of Domino’s Pizza by 10.1% during the 2nd quarter. Stephens Investment Management Group LLC now owns 167,790 shares of the restaurant operator’s stock worth $46,693,000 after purchasing an additional 15,404 shares during the period. Stephens Inc. AR increased its holdings in shares of Domino’s Pizza by 12.7% during the 2nd quarter. Stephens Inc. AR now owns 5,362 shares of the restaurant operator’s stock worth $1,492,000 after purchasing an additional 604 shares during the period. Finally, DekaBank Deutsche Girozentrale increased its holdings in shares of Domino’s Pizza by 48.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,005 shares of the restaurant operator’s stock worth $1,428,000 after purchasing an additional 1,643 shares during the period. 97.17% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently issued reports on DPZ. Deutsche Bank began coverage on shares of Domino’s Pizza in a report on Monday, July 29th. They set a “sell” rating on the stock. Wells Fargo & Co boosted their price objective on shares of Domino’s Pizza from $257.00 to $267.00 and gave the stock a “market perform” rating in a report on Monday, July 1st. Argus dropped their price objective on shares of Domino’s Pizza from $310.00 to $280.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Bank of America boosted their price objective on shares of Domino’s Pizza from $290.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. Finally, MKM Partners began coverage on shares of Domino’s Pizza in a report on Tuesday. They set a “neutral” rating and a $265.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the stock. Domino’s Pizza currently has an average rating of “Buy” and an average price target of $292.65.



NYSE DPZ traded down $0.58 on Friday, reaching $232.31. The company’s stock had a trading volume of 23,905 shares, compared to its average volume of 1,024,601. The firm has a market cap of $9.60 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 1.73 and a beta of 0.46. The business has a 50-day moving average price of $260.48 and a 200 day moving average price of $266.72. Domino’s Pizza, Inc. has a 52 week low of $231.28 and a 52 week high of $305.34.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.00 by $0.19. The business had revenue of $811.65 million for the quarter, compared to analysts’ expectations of $834.87 million. Domino’s Pizza had a net margin of 10.83% and a negative return on equity of 12.81%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.84 earnings per share. As a group, equities analysts forecast that Domino’s Pizza, Inc. will post 9.43 EPS for the current year.

Domino’s Pizza Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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