Sanctuary Advisors LLC purchased a new position in Domino’s Pizza, Inc. (NYSE:DPZ – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,117 shares of the restaurant operator’s stock, valued at approximately $1,556,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Coatue Management LLC purchased a new stake in shares of Domino’s Pizza during the fourth quarter valued at $322,859,000. Chilton Investment Co. Inc. boosted its holdings in Domino’s Pizza by 46.5% in the fourth quarter. Chilton Investment Co. Inc. now owns 17,422 shares of the restaurant operator’s stock valued at $7,182,000 after purchasing an additional 5,528 shares during the last quarter. Harbert Fund Advisors Inc. purchased a new stake in Domino’s Pizza in the fourth quarter valued at $1,288,000. Quarry LP boosted its holdings in Domino’s Pizza by 130.2% in the fourth quarter. Quarry LP now owns 198 shares of the restaurant operator’s stock valued at $82,000 after purchasing an additional 112 shares during the last quarter. Finally, American Trust purchased a new stake in Domino’s Pizza in the fourth quarter valued at $257,000. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Trading Up 0.4 %
DPZ stock opened at $412.89 on Thursday. The company has a market cap of $14.40 billion, a price-to-earnings ratio of 26.95, a PEG ratio of 2.21 and a beta of 0.86. Domino’s Pizza, Inc. has a 12 month low of $332.13 and a 12 month high of $542.75. The firm has a 50-day moving average of $421.97 and a two-hundred day moving average of $470.24.
Domino’s Pizza Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $1.51 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.46%. Domino’s Pizza’s dividend payout ratio (DPR) is 39.43%.
Analysts Set New Price Targets
DPZ has been the topic of several recent research reports. Wedbush lowered their price target on shares of Domino’s Pizza from $510.00 to $470.00 and set an “outperform” rating on the stock in a report on Friday, October 4th. Evercore ISI lowered their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a report on Monday. Baird R W upgraded shares of Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 8th. BMO Capital Markets decreased their price objective on shares of Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating for the company in a research report on Wednesday, September 11th. Finally, Guggenheim decreased their price objective on shares of Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a research report on Thursday, September 26th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $504.03.
Read Our Latest Stock Analysis on Domino’s Pizza
Domino’s Pizza 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.
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