Domino’s Pizza, Inc. (NYSE:DPZ) Shares Acquired by Sunbelt Securities Inc.

Sunbelt Securities Inc. boosted its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 61.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,376 shares of the restaurant operator’s stock after buying an additional 526 shares during the quarter. Sunbelt Securities Inc.’s holdings in Domino’s Pizza were worth $711,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. lifted its stake in Domino’s Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 39 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Domino’s Pizza in the 1st quarter valued at approximately $36,000. Versant Capital Management Inc lifted its stake in Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after buying an additional 72 shares in the last quarter. ORG Partners LLC purchased a new stake in Domino’s Pizza in the 2nd quarter valued at approximately $62,000. Finally, Signaturefd LLC lifted its stake in Domino’s Pizza by 25.2% in the 2nd quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock valued at $67,000 after buying an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $430.13 on Tuesday. The business has a 50-day moving average of $422.81 and a 200-day moving average of $471.86. The company has a market capitalization of $15.00 billion, a PE ratio of 28.08, a P/E/G ratio of 2.21 and a beta of 0.86. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, beating the consensus estimate 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 negative return on equity of 14.22% and a net margin of 12.42%. The company’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $3.08 earnings per share. On average, equities analysts expect that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $1.51 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.40%. Domino’s Pizza’s dividend payout ratio is presently 39.43%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on DPZ shares. Wedbush reaffirmed an “outperform” rating and issued a $575.00 target price on shares of Domino’s Pizza in a research note on Monday, July 15th. BMO Capital Markets reduced their price target on Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 11th. TD Cowen reduced their price target on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating on the stock in a research note on Monday, September 16th. Barclays reduced their price target on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research note on Friday, July 19th. Finally, Loop Capital reissued a “hold” rating and set a $419.00 price target on shares of Domino’s Pizza in a research note on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.