United Capital Financial Advisors LLC Buys Shares of 11,189 Domino’s Pizza Inc $DPZ

United Capital Financial Advisors LLC purchased a new position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,189 shares of the restaurant operator’s stock, valued at approximately $3,312,000.

A number of other institutional investors have also recently made changes to their positions in DPZ. Soroban Capital Partners LP acquired a new stake in Domino’s Pizza during the 1st quarter worth approximately $895,251,000. BlackRock Inc. purchased a new stake in Domino’s Pizza during the 2nd quarter worth about $715,704,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Domino’s Pizza by 21,977.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock worth $381,254,000 after buying an additional 910,529 shares in the last quarter. Norges Bank purchased a new stake in shares of Domino’s Pizza during the fourth quarter worth approximately $285,116,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Domino’s Pizza by 247.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock valued at $189,171,000 after acquiring an additional 375,709 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group reiterated a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. Evercore reiterated an “outperform” rating on shares of Domino’s Pizza in a research note on Thursday, July 9th. Morgan Stanley dropped their target price on Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Royal Bank Of Canada raised their price target on Domino’s Pizza from $325.00 to $350.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. Finally, Oppenheimer decreased their price target on Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a report on Tuesday, July 21st. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Hold” and a consensus price target of $397.42.

Insider Activity

In other news, EVP Kelly E. Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction 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. The trade was a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Russell J. Weiner sold 10,850 shares of Domino’s Pizza stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the sale, the chief executive officer owned 43,829 shares in the company, valued at $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. In the last ninety days, insiders have sold 24,254 shares of company stock worth $7,888,924. Corporate insiders own 0.89% of the company’s stock.

Domino’s Pizza Trading Up 5.4%

DPZ stock opened at $350.00 on Friday. The stock has a market cap of $11.58 billion, a P/E ratio of 19.85, a PEG ratio of 1.60 and a beta of 0.94. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $469.00. The company’s 50 day moving average is $328.60 and its two-hundred day moving average is $345.64.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company had revenue of $1.19 billion during the quarter. During the same quarter last year, the business earned $3.81 earnings per share. Domino’s Pizza’s revenue was up 4.3% on a year-over-year basis. On average, equities research analysts predict 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 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 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is currently 45.15%.

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.