LVW Advisors LLC Boosts Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

LVW Advisors LLC raised its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 100.2% in the first quarter, Holdings Channel.com reports. The fund owned 1,912 shares of the restaurant operator’s stock after buying an additional 957 shares during the quarter. LVW Advisors LLC’s holdings in Domino’s Pizza were worth $950,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in DPZ. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Domino’s Pizza during the 4th quarter worth $25,000. Creative Financial Designs Inc. ADV grew its stake in shares of Domino’s Pizza by 127.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 82 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 46 shares during the period. Quadrant Capital Group LLC raised its position in shares of Domino’s Pizza by 41.8% in the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after buying an additional 33 shares during the period. Jones Financial Companies Lllp acquired a new position in Domino’s Pizza in the third quarter valued at $49,000. Finally, GAMMA Investing LLC acquired a new position in Domino’s Pizza in the fourth quarter valued at $78,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DPZ has been the subject of a number of research analyst reports. BTIG Research increased their target price on shares of Domino’s Pizza from $515.00 to $580.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Evercore ISI boosted their target price 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. Morgan Stanley raised their price target on shares of Domino’s Pizza from $485.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, April 12th. Barclays upped their price objective on shares of Domino’s Pizza from $405.00 to $470.00 and gave the company an “underweight” rating in a research report on Tuesday, April 30th. Finally, Stephens boosted their price target on Domino’s Pizza from $479.00 to $513.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $525.66.

Domino’s Pizza Trading Up 0.1 %

Shares of Domino’s Pizza stock opened at $516.33 on Monday. The stock has a market capitalization of $18.01 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.55 and a beta of 0.87. Domino’s Pizza, Inc. has a twelve month low of $325.67 and a twelve month high of $542.75. The business’s 50 day simple moving average is $515.22 and its 200-day simple moving average is $466.62.

Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share for the quarter, topping the consensus estimate of $3.46 by $0.12. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the company earned $2.93 earnings per share. Sell-side analysts predict that Domino’s Pizza, Inc. will post 16 earnings per share for the current year.

Domino’s Pizza Announces Dividend

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

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the sale, the executive vice president now owns 3,910 shares in the company, valued at $1,935,762.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the transaction, the chief executive officer now directly owns 32,001 shares of the company’s stock, valued at $16,844,366.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Cynthia A. Headen sold 108 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $495.08, for a total transaction of $53,468.64. Following the completion of the sale, the executive vice president now directly owns 3,910 shares of the company’s stock, valued at approximately $1,935,762.80. The disclosure for this sale can be found here. Insiders have sold a total of 12,633 shares of company stock worth $6,649,181 in the last ninety days. 0.81% of the stock is owned by insiders.

Domino’s Pizza Company Profile

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.