Insight Folios Inc Grows Stock Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Insight Folios Inc grew its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 3.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 847 shares of the restaurant operator’s stock after acquiring an additional 28 shares during the period. Insight Folios Inc’s holdings in Domino’s Pizza were worth $421,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in DPZ. Tower Research Capital LLC TRC boosted its holdings in shares of Domino’s Pizza by 248.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,625 shares of the restaurant operator’s stock valued at $616,000 after acquiring an additional 1,158 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of Domino’s Pizza in the 3rd quarter valued at $486,000. Ameriprise Financial Inc. boosted its holdings in shares of Domino’s Pizza by 5.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 134,784 shares of the restaurant operator’s stock valued at $51,056,000 after acquiring an additional 6,807 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of Domino’s Pizza by 74.5% in the 3rd quarter. Lido Advisors LLC now owns 2,101 shares of the restaurant operator’s stock valued at $796,000 after acquiring an additional 897 shares during the last quarter. Finally, Seven Eight Capital LP purchased a new stake in shares of Domino’s Pizza in the 3rd quarter valued at $380,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of DPZ traded up $4.72 during mid-day trading on Thursday, reaching $497.33. The stock had a trading volume of 221,324 shares, compared to its average volume of 412,066. Domino’s Pizza, Inc. has a 52-week low of $328.03 and a 52-week high of $542.75. The business’s fifty day moving average is $516.32 and its 200 day moving average is $468.20. The firm has a market cap of $17.35 billion, a price-to-earnings ratio of 32.45, a P/E/G ratio of 2.43 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.46 by $0.12. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the firm posted $2.93 earnings per share. Domino’s Pizza’s quarterly revenue was up 5.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Friday, June 14th. Domino’s Pizza’s dividend payout ratio is currently 39.43%.

Analyst Upgrades and Downgrades

DPZ has been the topic of several recent research reports. The Goldman Sachs Group initiated coverage on shares of Domino’s Pizza in a research note on Thursday, June 13th. They issued a “buy” rating and a $612.00 target price for the company. TD Securities reiterated a “buy” rating and issued a $580.00 target price on shares of Domino’s Pizza in a research note on Thursday, May 16th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Domino’s Pizza from $555.00 to $580.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Royal Bank of Canada reiterated an “outperform” rating and issued a $575.00 target price on shares of Domino’s Pizza in a research note on Thursday, June 20th. Finally, Citigroup boosted their target price on shares of Domino’s Pizza from $505.00 to $530.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $525.66.

Insider Activity at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 745 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at $2,073,473. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 745 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $530.30, for a total transaction of $395,073.50. Following the completion of the transaction, the executive vice president now owns 3,910 shares of the company’s stock, valued at $2,073,473. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Russell J. Weiner sold 11,780 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the transaction, the chief executive officer now directly owns 32,001 shares of the company’s stock, valued at approximately $16,844,366.37. The disclosure for this sale can be found here. 0.81% of the stock is currently owned by insiders.

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.