Epoch Investment Partners Inc. Sells 26,425 Shares of Domino’s Pizza Inc $DPZ

Epoch Investment Partners Inc. decreased its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 15.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 145,712 shares of the restaurant operator’s stock after selling 26,425 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Domino’s Pizza were worth $52,280,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SHP Wealth Management purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Domino’s Pizza by 97.1% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares during the period. Johnson Financial Group Inc. increased its holdings in Domino’s Pizza by 200.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 56 shares during the period. MBM Wealth Consultants LLC bought a new position in Domino’s Pizza during the 1st quarter valued at approximately $31,000. Finally, Cornerstone Planning Group LLC raised its position in Domino’s Pizza by 450.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock valued at $33,000 after purchasing an additional 81 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza News Summary

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Wells Fargo raised its price target on Domino’s Pizza (DPZ) to $350, signaling improved expectations for the stock. Wells Fargo & Company Raises Domino’s Pizza (NASDAQ:DPZ) Price Target to $350.00
• Positive Sentiment: BTIG Research reiterated a Buy rating on Domino’s Pizza, reinforcing a favorable analyst outlook. Domino’s Pizza (NASDAQ:DPZ) Earns Buy Rating from BTIG Research
• Positive Sentiment: Consensus analyst coverage remains supportive, with Domino’s Pizza receiving an average “Moderate Buy” recommendation. Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Several articles argue Domino’s may still be undervalued or trading at an attractive earnings multiple after stronger-than-expected Q2 revenue, which can support bullish sentiment. Is Domino’s Pizza (DPZ) Undervalued After Stronger Than Expected Q2 Revenue?
• Neutral Sentiment: A piece on Domino’s trading at a premium to cash flow but a discount to earnings suggests the stock may be fairly valued rather than clearly expensive or cheap. Dominos (DPZ) Stock May Trade At A Premium To Cash Flow But A Discount To Earnings
• Neutral Sentiment: A short-interest update noted zero reported shares and no meaningful days-to-cover reading, so it does not provide a clear new directional signal for the stock.
• Negative Sentiment: Oppenheimer issued a more cautious forecast for Domino’s Pizza, and BMO Capital trimmed its price target to $420, which could temper enthusiasm. Oppenheimer Issues Pessimistic Forecast for Domino’s Pizza (NASDAQ:DPZ) Stock Price BMO Capital Markets Lowers Domino’s Pizza (NASDAQ:DPZ) Price Target to $420.00

Analyst Upgrades and Downgrades

DPZ has been the subject of several research analyst reports. Mizuho dropped their price objective on Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th. Stifel Nicolaus set a $400.00 target price on Domino’s Pizza in a report on Monday, April 27th. Rothschild & Co Redburn dropped their price target on Domino’s Pizza from $340.00 to $290.00 in a research note on Monday, May 11th. Wells Fargo & Company lifted their price target on shares of Domino’s Pizza from $325.00 to $350.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Finally, Citigroup cut their price target on shares of Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $402.16.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $332.97 on Friday. The stock’s 50 day simple moving average is $310.79 and its two-hundred day simple moving average is $355.47. The stock has a market cap of $11.01 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.62 and a beta of 0.97. Domino’s Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $486.68.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm had revenue of $1.19 billion for the quarter. During the same quarter last year, the business earned $3.81 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. On average, analysts predict that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $1.99 dividend. This represents a $7.96 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is presently 45.15%.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 487 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total value of $144,643.87. Following the completion of the transaction, the executive vice president owned 9,352 shares in the company, valued at approximately $2,777,637.52. This represents a 4.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 1,950 shares of company stock valued at $611,451 over the last 90 days. 0.89% of the stock is owned by corporate insiders.

About Domino’s Pizza

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.