Fidelis Capital Partners LLC Acquires 77 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Fidelis Capital Partners LLC increased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 11.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 727 shares of the restaurant operator’s stock after buying an additional 77 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Domino’s Pizza were worth $375,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Blue Trust Inc. lifted its holdings in shares of Domino’s Pizza by 162.5% in the second quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 39 shares during the last quarter. Crewe Advisors LLC acquired a new position in Domino’s Pizza during the 1st quarter worth approximately $36,000. Versant Capital Management Inc lifted its stake in Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after purchasing an additional 72 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Domino’s Pizza by 41.8% in the fourth quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock valued at $46,000 after buying an additional 33 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Domino’s Pizza during the second quarter worth $62,000. 94.63% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on DPZ shares. JPMorgan Chase & Co. boosted their price objective on Domino’s Pizza from $450.00 to $470.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Robert W. Baird dropped their price objective on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a report on Thursday, September 12th. Wedbush reiterated an “outperform” rating and set a $575.00 target price on shares of Domino’s Pizza in a research report on Monday, July 15th. Royal Bank of Canada decreased their price target on shares of Domino’s Pizza from $575.00 to $500.00 and set an “outperform” rating for the company in a research report on Wednesday, July 24th. Finally, Stephens cut their price target on shares of Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating on the stock in a report on Friday, July 19th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus price target of $507.93.

Domino’s Pizza Trading Up 1.5 %

Shares of NYSE DPZ opened at $420.72 on Tuesday. The firm has a market capitalization of $14.67 billion, a P/E ratio of 27.46, a P/E/G ratio of 2.14 and a beta of 0.86. The firm’s 50-day moving average price is $423.77 and its 200-day moving average price is $472.52. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings results on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the business earned $3.08 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. Equities research analysts forecast that Domino’s Pizza, Inc. will post 16.24 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Friday, September 13th. Domino’s Pizza’s dividend payout ratio is currently 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.