Domino’s Pizza, Inc. (NYSE:DPZ) Short Interest Update

Domino’s Pizza, Inc. (NYSE:DPZ) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 1,880,000 shares, a decrease of 28.0% from the June 15th total of 2,610,000 shares. Approximately 4.9% of the company’s stock are short sold. Based on an average daily volume of 575,300 shares, the short-interest ratio is currently 3.3 days.

In other Domino’s Pizza news, EVP Joseph Hugh Jordan sold 3,970 shares of the stock in a transaction that occurred on Wednesday, May 5th. The stock was sold at an average price of $432.65, for a total transaction of $1,717,620.50. Following the transaction, the executive vice president now owns 7,044 shares of the company’s stock, valued at approximately $3,047,586.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Kevin Scott Morris sold 726 shares of the stock in a transaction that occurred on Thursday, June 17th. The stock was sold at an average price of $457.50, for a total value of $332,145.00. Following the transaction, the executive vice president now directly owns 3,915 shares in the company, valued at approximately $1,791,112.50. The disclosure for this sale can be found here. Insiders sold 26,887 shares of company stock valued at $11,800,422 in the last three months. 1.32% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in DPZ. FIL Ltd boosted its stake in shares of Domino’s Pizza by 708.3% during the 4th quarter. FIL Ltd now owns 97 shares of the restaurant operator’s stock worth $37,000 after acquiring an additional 85 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of Domino’s Pizza in the fourth quarter worth $465,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Domino’s Pizza by 2.9% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 7,519 shares of the restaurant operator’s stock worth $2,883,000 after buying an additional 210 shares during the period. Cibc World Markets Corp boosted its position in shares of Domino’s Pizza by 53.0% in the fourth quarter. Cibc World Markets Corp now owns 7,260 shares of the restaurant operator’s stock worth $2,784,000 after buying an additional 2,516 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Domino’s Pizza by 22.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 19,655 shares of the restaurant operator’s stock worth $7,537,000 after buying an additional 3,582 shares during the period. 97.78% of the stock is owned by institutional investors and hedge funds.

Shares of DPZ stock opened at $470.37 on Thursday. The firm has a market cap of $18.26 billion, a PE ratio of 39.78, a PEG ratio of 3.09 and a beta of 0.49. The firm’s fifty day moving average price is $451.78. Domino’s Pizza has a 1 year low of $319.71 and a 1 year high of $491.42.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, April 29th. The restaurant operator reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.06. The business had revenue of $983.70 million during the quarter, compared to analyst estimates of $978.61 million. Domino’s Pizza had a negative return on equity of 14.49% and a net margin of 11.53%. Equities research analysts predict that Domino’s Pizza will post 12.83 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 30th. Stockholders of record on Tuesday, June 15th were paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend was Monday, June 14th. Domino’s Pizza’s dividend payout ratio is presently 31.31%.

A number of analysts have recently weighed in on the company. Wells Fargo & Company increased their price target on Domino’s Pizza from $420.00 to $446.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 14th. Stephens increased their price target on Domino’s Pizza from $405.00 to $490.00 and gave the stock an “equal weight” rating in a research report on Monday. reiterated a “neutral” rating and set a $480.00 price target on shares of Domino’s Pizza in a research report on Tuesday, July 6th. Wedbush increased their price target on Domino’s Pizza from $480.00 to $520.00 and gave the stock an “outperform” rating in a research report on Friday, July 16th. Finally, The Goldman Sachs Group cut Domino’s Pizza from a “buy” rating to a “neutral” rating and set a $450.00 target price on the stock. in a research report on Tuesday, May 25th. Fifteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $452.17.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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