Domino’s Pizza Inc $DPZ Stake Raised by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. boosted its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 130.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,195 shares of the restaurant operator’s stock after acquiring an additional 24,997 shares during the quarter. Jefferies Financial Group Inc. owned about 0.13% of Domino’s Pizza worth $13,241,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Soroban Capital Partners LP bought a new position in shares of Domino’s Pizza during the 1st quarter valued at about $895,251,000. BlackRock Inc. bought a new stake in shares of Domino’s Pizza in the 2nd quarter worth approximately $715,704,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Domino’s Pizza by 247.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock worth $189,171,000 after purchasing an additional 375,709 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of Domino’s Pizza by 937,192.2% in the 2nd quarter. Van ECK Associates Corp now owns 478,019 shares of the restaurant operator’s stock worth $141,513,000 after purchasing an additional 477,968 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Domino’s Pizza by 5.2% in the 1st quarter. Royal Bank of Canada now owns 448,221 shares of the restaurant operator’s stock worth $160,817,000 after purchasing an additional 22,320 shares in the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Stock Down 0.4%

NASDAQ:DPZ opened at $328.60 on Thursday. The stock has a fifty day simple moving average of $312.49 and a 200 day simple moving average of $340.49. The firm has a market capitalization of $10.81 billion, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 1.52 and a beta of 0.95. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $442.35.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Tuesday, October 13th. The restaurant operator reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.33 by $0.27. Domino’s Pizza had a net margin of 12.03% and a negative return on equity of 15.48%. The company had revenue of $1.19 billion during the quarter. During the same period in the prior year, the company posted $4.08 earnings per share. Domino’s Pizza’s quarterly revenue was up 3.4% compared to the same quarter last year. Equities analysts predict that Domino’s Pizza Inc will post 19.10 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Tuesday, December 15th will be given a $1.99 dividend. This represents a $7.96 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 15th. Domino’s Pizza’s dividend payout ratio is 43.86%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Seaport Research Partners initiated coverage on shares of Domino’s Pizza in a research note on Wednesday, September 16th. They set a “neutral” rating for the company. JPMorgan Chase & Co. decreased their price target on shares of Domino’s Pizza from $380.00 to $350.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Bank of America dropped their price target on Domino’s Pizza from $455.00 to $410.00 and set a “buy” rating on the stock in a report on Wednesday, October 14th. Wells Fargo & Company cut their price objective on Domino’s Pizza from $350.00 to $320.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 14th. Finally, Robert W. Baird cut their price objective on Domino’s Pizza from $325.00 to $320.00 and set a “neutral” rating for the company in a research report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average price target of $380.87.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc. is a global pizza company that operates and franchises restaurants specializing in delivery and carryout. Its menu includes pizzas, chicken wings, sandwiches, pasta, bread sides, desserts and beverages, with offerings varying by location. The company traces its roots to a pizza shop opened in Ypsilanti, Michigan, in 1960. It adopted the Domino’s Pizza name in 1965 and has since grown through a predominantly franchised business model, serving customers in the United States and international markets.