Lighthouse Financial Services Inc. ADV Takes $1.68 Million Position in Domino’s Pizza Inc $DPZ

Lighthouse Financial Services Inc. ADV acquired a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 4,018 shares of the restaurant operator’s stock, valued at approximately $1,675,000.

Several other large investors also recently modified their holdings of DPZ. Jump Financial LLC bought a new stake in shares of Domino’s Pizza in the 2nd quarter valued at approximately $3,183,000. Investment Management Corp of Ontario raised its stake in shares of Domino’s Pizza by 68.3% in the second quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock valued at $718,000 after acquiring an additional 647 shares during the last quarter. Sei Investments Co. raised its stake in shares of Domino’s Pizza by 21.7% in the second quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock valued at $36,480,000 after acquiring an additional 14,452 shares during the last quarter. Glenview Trust co raised its stake in shares of Domino’s Pizza by 36.9% in the second quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock valued at $511,000 after acquiring an additional 306 shares during the last quarter. Finally, HUB Investment Partners LLC raised its stake in shares of Domino’s Pizza by 17.3% in the second 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.

Insider Buying and Selling

In other news, EVP Kelly E. Garcia sold 488 shares of the business’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 transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at $3,107,763.12. The trade was a 4.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DPZ. Royal Bank Of Canada cut their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 28th. UBS Group cut their target price on shares of Domino’s Pizza from $480.00 to $425.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Benchmark cut 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 research note on Tuesday, April 28th. William Blair set a $540.00 target price on shares of Domino’s Pizza in a research note on Monday, February 23rd. Finally, BTIG Research cut their target price on shares of Domino’s Pizza from $500.00 to $450.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $421.35.

Domino’s Pizza Stock Performance

DPZ opened at $323.48 on Friday. The company has a fifty day moving average price of $373.16 and a two-hundred day moving average price of $396.96. Domino’s Pizza Inc has a 52 week low of $321.27 and a 52 week high of $499.08. The firm has a market capitalization of $10.76 billion, a PE ratio of 18.62, a P/E/G ratio of 1.53 and a beta of 1.02.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.15 billion for the quarter. During the same period in the previous year, the company earned $4.33 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities analysts forecast that Domino’s Pizza Inc will post 19.22 EPS for the current year.

Domino’s Pizza Dividend Announcement

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

Domino’s Pizza Company Profile

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.