7,394 Shares in Domino’s Pizza Inc $DPZ Acquired by Oxbow Advisors LLC

Oxbow Advisors LLC purchased a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,394 shares of the restaurant operator’s stock, valued at approximately $3,082,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jump Financial LLC purchased a new position in Domino’s Pizza in the second quarter valued at $3,183,000. Investment Management Corp of Ontario lifted its holdings in Domino’s Pizza by 68.3% during the 2nd quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after buying an additional 647 shares during the last quarter. Sei Investments Co. boosted its position in shares of Domino’s Pizza by 21.7% during the 2nd quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock worth $36,480,000 after acquiring an additional 14,452 shares in the last quarter. Glenview Trust co boosted its position in shares of Domino’s Pizza by 36.9% during the 2nd quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock worth $511,000 after acquiring an additional 306 shares in the last quarter. Finally, HUB Investment Partners LLC increased its holdings in shares of Domino’s Pizza by 17.3% in the 2nd quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock valued at $596,000 after acquiring an additional 195 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Down 2.7%

Shares of NASDAQ DPZ opened at $323.48 on Friday. The business has a 50-day moving average price of $373.16 and a 200 day moving average price of $396.96. The stock has a market cap of $10.76 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 1.49 and a beta of 1.02. Domino’s Pizza Inc has a 52-week low of $321.27 and a 52-week high of $499.08.

Domino’s Pizza (NASDAQ:DPZGet Free Report) last released its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The firm had revenue of $1.15 billion for the quarter. During the same quarter last year, the business posted $4.33 earnings per share. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. Sell-side analysts anticipate that Domino’s Pizza Inc will post 19.22 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Domino’s Pizza’s payout ratio is presently 45.83%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DPZ. Robert W. Baird cut their target price on Domino’s Pizza from $495.00 to $400.00 and set an “outperform” rating on the stock in a research report on Monday, April 27th. Sanford C. Bernstein dropped their price target on shares of Domino’s Pizza from $470.00 to $390.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 28th. Mizuho cut their price objective on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a report on Tuesday, April 28th. Argus upgraded shares of Domino’s Pizza to a “hold” rating in a research report on Monday, March 9th. Finally, Benchmark lowered their target price on shares of Domino’s Pizza from $465.00 to $430.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $421.35.

Read Our Latest Analysis on DPZ

Insider Activity at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 488 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $332.31, for a total value of $162,167.28. Following the completion of the sale, the executive vice president owned 9,352 shares in the company, valued at $3,107,763.12. This represents a 4.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.89% of the stock is owned by insiders.

Key Stories Impacting Domino’s Pizza

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About Domino’s Pizza

(Free Report)

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

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Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)

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