Nykredit A S Makes New Investment in Domino’s Pizza Inc $DPZ

Nykredit A S bought a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 15,343 shares of the restaurant operator’s stock, valued at approximately $4,542,000.

Other hedge funds have also made changes to their positions in the company. SHP Wealth Management bought a new position in Domino’s Pizza during the 4th quarter valued at $25,000. Rakuten Securities Inc. bought a new stake in shares of Domino’s Pizza in the 2nd quarter worth about $28,000. Annis Gardner Whiting Capital Advisors LLC increased 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 purchasing an additional 34 shares during the last quarter. Investors Research Corp raised its stake in shares of Domino’s Pizza by 9,900.0% in the 2nd quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 99 shares in the last quarter. Finally, MBM Wealth Consultants LLC acquired a new stake in shares of Domino’s Pizza in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

NASDAQ DPZ opened at $341.08 on Monday. Domino’s Pizza Inc has a one year low of $282.00 and a one year high of $467.22. The company has a 50-day simple moving average of $333.96 and a 200-day simple moving average of $343.98. The firm has a market capitalization of $11.28 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 1.57 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The business had revenue of $1.19 billion for the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $3.81 earnings per share. Equities analysts forecast that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio is 45.15%.

Insider Buying and Selling

In related news, CEO Russell Weiner sold 10,850 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 43,829 shares in the company, valued at $14,499,948.07. The trade was a 19.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kelly Garcia sold 12,430 shares of the company’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total value of $4,002,957.20. Following the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 24,254 shares of company stock worth $7,888,924 over the last quarter. Insiders own 0.89% of the company’s stock.

Analyst Ratings Changes

DPZ has been the topic of several research analyst reports. BTIG Research reaffirmed a “buy” rating and set a $425.00 price target on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Benchmark reissued a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. JPMorgan Chase & Co. cut their price objective on Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. UBS Group increased their target price on Domino’s Pizza from $375.00 to $385.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Wells Fargo & Company lifted their target price on Domino’s Pizza from $325.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $397.74.

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.