Jefferies Financial Group Inc. Makes New $5.68 Million Investment in Domino’s Pizza Inc $DPZ

Jefferies Financial Group Inc. purchased a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, HoldingsChannel reports. The fund purchased 19,198 shares of the restaurant operator’s stock, valued at approximately $5,683,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. SHP Wealth Management acquired a new position in Domino’s Pizza in the fourth quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of 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 in the last quarter. Johnson Financial Group Inc. lifted its holdings in shares of 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 in the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza in the 1st quarter valued at approximately $31,000. Finally, Rakuten Securities Inc. acquired a new position in shares of Domino’s Pizza in the 2nd quarter valued at approximately $28,000. 94.63% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction dated 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 sale, the executive vice president owned 9,352 shares in the company, valued at approximately $3,011,718.08. This represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the transaction, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at $14,499,948.07. This trade represents a 19.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,254 shares of company stock worth $7,888,924 in the last quarter. 0.89% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DPZ shares. 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 research note on Tuesday, July 21st. Evercore restated an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. UBS Group reaffirmed a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Royal Bank Of Canada increased their target price on Domino’s Pizza from $325.00 to $350.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Hold” and a consensus price target of $397.42.

Domino’s Pizza Trading Up 5.4%

Shares of DPZ opened at $350.00 on Friday. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 1.60 and a beta of 0.94. Domino’s Pizza Inc has a 12 month low of $282.00 and a 12 month high of $469.00. The firm has a fifty day simple moving average of $328.60 and a 200 day simple moving average of $345.64.

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

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given 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 2.3%. Domino’s Pizza’s payout ratio is currently 45.15%.

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.