Shepherd Financial Partners LLC Invests $560,000 in Domino’s Pizza Inc $DPZ

Shepherd Financial Partners LLC bought a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,893 shares of the restaurant operator’s stock, valued at approximately $560,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Huntleigh Advisors Inc. raised its position in Domino’s Pizza by 5.0% during the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock worth $221,000 after acquiring an additional 25 shares during the period. Andina Capital Management LLC grew its position in shares of Domino’s Pizza by 3.1% in the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock valued at $457,000 after purchasing an additional 33 shares during the period. Diversify Advisory Services LLC grew its position in shares of Domino’s Pizza by 5.1% in the third quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after purchasing an additional 33 shares during the period. Novem Group increased its stake in shares of Domino’s Pizza by 5.1% during the fourth quarter. Novem Group now owns 703 shares of the restaurant operator’s stock worth $293,000 after purchasing an additional 34 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the topic of several research analyst reports. HSBC lowered their price objective on Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Wells Fargo & Company lifted their price target on Domino’s Pizza from $325.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. The Goldman Sachs Group reduced their price objective on Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Weiss Ratings cut shares of Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Seventeen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $397.42.

Domino’s Pizza Price Performance

DPZ stock opened at $336.52 on Thursday. The business has a 50 day simple moving average of $324.82 and a 200-day simple moving average of $348.13. The firm has a market capitalization of $11.13 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 1.62 and a beta of 0.94. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $469.00.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The company had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $3.81 EPS. On average, equities research analysts expect that Domino’s Pizza Inc will post 18.88 EPS for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.99 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.4%. Domino’s Pizza’s dividend payout ratio (DPR) is 45.15%.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the transaction, the executive vice president owned 9,352 shares in the company, valued at $3,011,718.08. The trade was a 57.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the transaction, the chief executive officer directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 24,254 shares of company stock worth $7,888,924. Insiders own 0.89% of the company’s stock.

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.