Larson Financial Group LLC Has $581,000 Stock Position in Domino’s Pizza Inc (NASDAQ:DPZ)

Larson Financial Group LLC boosted its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 24.3% in the first quarter, HoldingsChannel reports. The firm owned 1,264 shares of the restaurant operator’s stock after buying an additional 247 shares during the quarter. Larson Financial Group LLC’s holdings in Domino’s Pizza were worth $581,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC raised its holdings in shares of Domino’s Pizza by 1.6% during the first quarter. Wealthfront Advisers LLC now owns 5,384 shares of the restaurant operator’s stock valued at $2,474,000 after purchasing an additional 86 shares during the last quarter. LRI Investments LLC purchased a new position in Domino’s Pizza in the 1st quarter worth about $27,000. Stephens Investment Management Group LLC raised its holdings in shares of Domino’s Pizza by 8.0% in the 1st quarter. Stephens Investment Management Group LLC now owns 202,623 shares of the restaurant operator’s stock valued at $93,095,000 after purchasing an additional 14,998 shares in the last quarter. Freedom Day Solutions LLC grew its position in Domino’s Pizza by 0.9% during the 1st quarter. Freedom Day Solutions LLC now owns 6,263 shares of the restaurant operator’s stock worth $2,877,000 after purchasing an additional 55 shares during the last quarter. Finally, Xponance Inc. boosted its holdings in shares of Domino’s Pizza by 2.1% in the 1st quarter. Xponance Inc. now owns 6,084 shares of the restaurant operator’s stock valued at $2,795,000 after acquiring an additional 128 shares during the last quarter. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Stock Up 0.7%

NASDAQ:DPZ opened at $468.70 on Friday. Domino’s Pizza Inc has a 52 week low of $396.06 and a 52 week high of $500.55. The firm has a market capitalization of $16.05 billion, a P/E ratio of 26.88, a P/E/G ratio of 2.65 and a beta of 1.09. The company has a fifty day moving average of $466.40 and a 200 day moving average of $459.93.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a net margin of 12.84% and a negative return on equity of 15.45%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the firm posted $3.58 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. As a group, analysts anticipate that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $1.74 dividend. This represents a $6.96 annualized dividend and a yield of 1.48%. The ex-dividend date was Friday, June 13th. Domino’s Pizza’s payout ratio is presently 39.91%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of Domino’s Pizza from $510.00 to $514.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Loop Capital upped their price target on shares of Domino’s Pizza from $555.00 to $564.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Melius started coverage on shares of Domino’s Pizza in a research report on Monday. They issued a “hold” rating and a $500.00 price target on the stock. Redburn Atlantic started coverage on shares of Domino’s Pizza in a research note on Tuesday, June 10th. They issued a “sell” rating and a $340.00 target price for the company. Finally, Barclays cut their target price on Domino’s Pizza from $425.00 to $420.00 and set an “underweight” rating for the company in a research note on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $487.84.

Domino’s Pizza Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.