X Square Capital LLC Takes Position in Domino’s Pizza Inc $DPZ

X Square Capital LLC purchased a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 5,438 shares of the restaurant operator’s stock, valued at approximately $1,610,000.

Other large investors have also recently added to or reduced their stakes in the company. Huntleigh Advisors Inc. boosted its holdings in Domino’s Pizza by 5.0% in the fourth quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock worth $221,000 after purchasing an additional 25 shares during the period. Andina Capital Management LLC raised its holdings in shares of Domino’s Pizza by 3.1% during the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock worth $457,000 after purchasing an additional 33 shares during the period. Diversify Advisory Services LLC raised its holdings in shares of Domino’s Pizza by 5.1% during the third quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock worth $275,000 after purchasing an additional 33 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Domino’s Pizza by 97.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after buying an additional 34 shares during the last quarter. Finally, Unified Investment Management lifted its position in shares of Domino’s Pizza by 5.5% in the 4th quarter. Unified Investment Management now owns 745 shares of the restaurant operator’s stock worth $311,000 after buying an additional 39 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 12,430 shares of the firm’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value 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 trade represents a 57.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Russell J. Weiner sold 10,850 shares of Domino’s Pizza 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 sale, the chief executive officer directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. This trade represents a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 24,254 shares of company stock valued at $7,888,924 over the last three months. 0.89% of the stock is currently owned by company insiders.

Domino’s Pizza Stock Performance

DPZ stock opened at $341.85 on Friday. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $469.00. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 1.65 and a beta of 0.94. The stock’s fifty day moving average is $325.62 and its two-hundred day moving average is $347.56.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). The firm 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 revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company earned $3.81 EPS. As a group, analysts predict that Domino’s Pizza Inc will post 18.88 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company 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 dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s payout ratio is presently 45.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DPZ shares. Weiss Ratings downgraded shares of Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Benchmark reissued a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. Evercore reissued an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. UBS Group restated a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Finally, DA Davidson lowered their target price on Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Seventeen investment 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 company presently has an average rating of “Moderate Buy” and a consensus price target of $397.42.

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.