Domino’s Pizza, Inc. (NYSE:DPZ) Shares Purchased by SkyView Investment Advisors LLC

SkyView Investment Advisors LLC grew its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,558 shares of the restaurant operator’s stock after purchasing an additional 213 shares during the quarter. SkyView Investment Advisors LLC’s holdings in Domino’s Pizza were worth $1,321,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Scientech Research LLC purchased a new stake in Domino’s Pizza during the 2nd quarter valued at about $357,000. Marshfield Associates boosted its holdings in shares of Domino’s Pizza by 0.3% during the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after purchasing an additional 2,271 shares during the last quarter. MBB Public Markets I LLC purchased a new stake in shares of Domino’s Pizza in the second quarter valued at approximately $1,342,000. DoubleLine ETF Adviser LP acquired a new stake in shares of Domino’s Pizza in the second quarter valued at approximately $477,000. Finally, AQR Capital Management LLC lifted its position in Domino’s Pizza by 23.9% during the second quarter. AQR Capital Management LLC now owns 219,415 shares of the restaurant operator’s stock worth $113,290,000 after buying an additional 42,377 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Trading Down 0.8 %

Shares of DPZ stock opened at $429.03 on Friday. The company has a market cap of $14.96 billion, a P/E ratio of 28.00, a PEG ratio of 2.21 and a beta of 0.86. The firm has a fifty day moving average price of $422.52 and a 200 day moving average price of $471.82. Domino’s Pizza, Inc. has a 12 month low of $330.05 and a 12 month high of $542.75.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.35. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the prior year, the firm posted $3.08 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, equities analysts forecast that Domino’s Pizza, Inc. will post 16.24 EPS for the current year.

Domino’s Pizza Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Domino’s Pizza from $450.00 to $470.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Stephens reduced their price objective on shares of Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating on the stock in a report on Friday, July 19th. TD Cowen lowered their target price on shares of Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, September 16th. Wedbush reissued an “outperform” rating and issued a $575.00 price target on shares of Domino’s Pizza in a research note on Monday, July 15th. Finally, Robert W. Baird lowered their price objective on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research report on Thursday, September 12th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $506.28.

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.