Interval Partners LP Sells 40,125 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Interval Partners LP lessened its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 71.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,103 shares of the restaurant operator’s stock after selling 40,125 shares during the quarter. Interval Partners LP’s holdings in Domino’s Pizza were worth $8,001,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Domino’s Pizza in the fourth quarter valued at $25,000. Crewe Advisors LLC bought a new position in Domino’s Pizza during the first quarter valued at $36,000. Quadrant Capital Group LLC grew its stake in shares of Domino’s Pizza by 41.8% in the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after buying an additional 33 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Domino’s Pizza in the 4th quarter worth about $78,000. Finally, Quarry LP increased its holdings in shares of Domino’s Pizza by 130.2% in the 4th quarter. Quarry LP now owns 198 shares of the restaurant operator’s stock worth $82,000 after buying an additional 112 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of NYSE:DPZ traded up $1.02 during trading hours on Tuesday, hitting $429.15. The company’s stock had a trading volume of 524,098 shares, compared to its average volume of 594,874. The firm’s fifty day moving average price is $493.39 and its 200 day moving average price is $474.79. Domino’s Pizza, Inc. has a 52 week low of $330.05 and a 52 week high of $542.75. The company has a market capitalization of $15.01 billion, a price-to-earnings ratio of 28.01, a P/E/G ratio of 2.19 and a beta of 0.87.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. Domino’s Pizza’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.08 earnings per share. On average, equities research analysts predict that Domino’s Pizza, Inc. will post 16.17 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be paid a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 39.43%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. HSBC lifted their price target on Domino’s Pizza from $507.00 to $583.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Royal Bank of Canada dropped their target price on Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating for the company in a report on Wednesday, July 24th. Oppenheimer reissued an “outperform” rating and set a $580.00 target price on shares of Domino’s Pizza in a research report on Friday, July 12th. The Goldman Sachs Group began coverage on Domino’s Pizza in a research report on Thursday, June 13th. They issued a “buy” rating and a $612.00 price target for the company. Finally, Morgan Stanley lifted their price objective on shares of Domino’s Pizza from $485.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, April 12th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and an average price target of $517.39.

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.