1,640 Shares in Domino’s Pizza Inc $DPZ Acquired by iSAM Funds UK Ltd

iSAM Funds UK Ltd bought a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,640 shares of the restaurant operator’s stock, valued at approximately $486,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jump Financial LLC bought a new stake in shares of Domino’s Pizza in the second quarter worth $3,183,000. Investment Management Corp of Ontario raised its position in Domino’s Pizza by 68.3% during the 2nd quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after purchasing an additional 647 shares during the last quarter. Sei Investments Co. raised its position in Domino’s Pizza by 21.7% during the 2nd quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock worth $36,480,000 after purchasing an additional 14,452 shares during the last quarter. Glenview Trust co lifted its holdings in Domino’s Pizza by 36.9% during the 2nd quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock worth $511,000 after buying an additional 306 shares during the period. Finally, HUB Investment Partners LLC lifted its holdings in Domino’s Pizza by 17.3% during the 2nd quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock worth $596,000 after buying an additional 195 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on DPZ shares. Evercore reiterated an “outperform” rating on shares of Domino’s Pizza in a research report on Thursday, July 9th. UBS Group lifted their price objective on Domino’s Pizza from $375.00 to $385.00 and gave the stock a “buy” rating in a research note on Wednesday. KeyCorp reiterated a “sector weight” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. BMO Capital Markets decreased their target price on shares of Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Domino’s Pizza in a report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $397.74.

Insider Transactions at Domino’s Pizza

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

Domino’s Pizza Stock Up 1.9%

Shares of NASDAQ:DPZ opened at $346.68 on Thursday. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $468.87. The stock’s 50 day moving average is $331.87 and its 200-day moving average is $344.42. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 1.57 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last posted 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). The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.81 earnings per share. Equities research analysts anticipate that Domino’s Pizza Inc will post 18.89 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The firm also recently disclosed 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. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 45.15%.

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.