Domino’s Pizza, Inc. (NYSE:DPZ) Short Interest Update

Domino’s Pizza, Inc. (NYSE:DPZ) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,710,000 shares, a growth of 50.0% from the May 31st total of 1,140,000 shares. Based on an average trading volume of 545,900 shares, the short-interest ratio is currently 3.1 days. Currently, 4.9% of the company’s shares are sold short.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Stifel Nicolaus lifted their price objective on shares of Domino’s Pizza from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Evercore ISI lifted their price objective on shares of Domino’s Pizza from $510.00 to $560.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. HSBC lifted their price objective on shares of Domino’s Pizza from $507.00 to $583.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Oppenheimer lifted their price objective on shares of Domino’s Pizza from $530.00 to $580.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 30th. Finally, BMO Capital Markets boosted their target price on shares of Domino’s Pizza from $535.00 to $575.00 and gave the company an “outperform” rating in a research report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nineteen have given a buy rating to the stock. According to MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus target price of $525.66.

Insider Activity at Domino’s Pizza

In related news, EVP Cynthia A. Headen sold 745 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $530.30, for a total value of $395,073.50. Following the sale, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $2,073,473. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Russell J. Weiner sold 11,780 shares of Domino’s Pizza stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $526.37, for a total value of $6,200,638.60. Following the sale, the chief executive officer now directly owns 32,001 shares in the company, valued at $16,844,366.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 745 shares of the firm’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $530.30, for a total transaction of $395,073.50. Following the completion of the transaction, the executive vice president now directly owns 3,910 shares of the company’s stock, valued at $2,073,473. The disclosure for this sale can be found here. Insiders have sold 12,633 shares of company stock worth $6,649,181 in the last ninety days. Company insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On Domino’s Pizza

A number of institutional investors have recently modified their holdings of the company. CWM LLC raised its position in Domino’s Pizza by 9.7% in the 4th quarter. CWM LLC now owns 1,177 shares of the restaurant operator’s stock valued at $485,000 after buying an additional 104 shares during the last quarter. Tritonpoint Wealth LLC purchased a new stake in shares of Domino’s Pizza during the 4th quarter valued at $1,980,000. Nisa Investment Advisors LLC increased its position in shares of Domino’s Pizza by 353.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the restaurant operator’s stock valued at $1,686,000 after purchasing an additional 3,189 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Domino’s Pizza by 0.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,007 shares of the restaurant operator’s stock valued at $2,064,000 after purchasing an additional 39 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Domino’s Pizza by 39,287.9% during the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator’s stock valued at $205,883,000 after purchasing an additional 498,170 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Trading Up 0.1 %

NYSE:DPZ opened at $516.33 on Monday. The stock has a market cap of $18.01 billion, a P/E ratio of 33.70, a price-to-earnings-growth ratio of 2.55 and a beta of 0.87. Domino’s Pizza has a 1-year low of $325.67 and a 1-year high of $542.75. The stock’s 50-day moving average is $515.22 and its 200-day moving average is $466.62.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.46 by $0.12. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.93 EPS. As a group, equities analysts forecast that Domino’s Pizza will post 16 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, June 14th. Domino’s Pizza’s payout ratio is 39.43%.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.