Domino’s Pizza, Inc. (NYSE:DPZ) Stock Holdings Raised by Marshfield Associates

Marshfield Associates lifted its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 0.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 713,481 shares of the restaurant operator’s stock after buying an additional 2,271 shares during the quarter. Domino’s Pizza makes up about 8.1% of Marshfield Associates’ portfolio, making the stock its 4th biggest position. Marshfield Associates’ holdings in Domino’s Pizza were worth $368,392,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Steward Partners Investment Advisory LLC increased its holdings in 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 worth $2,064,000 after purchasing an additional 39 shares during the period. Bayesian Capital Management LP increased its holdings in Domino’s Pizza by 701.3% during the 1st quarter. Bayesian Capital Management LP now owns 4,800 shares of the restaurant operator’s stock worth $2,385,000 after purchasing an additional 4,201 shares during the period. Bessemer Group Inc. increased its holdings in Domino’s Pizza by 34.9% during the 1st quarter. Bessemer Group Inc. now owns 4,950 shares of the restaurant operator’s stock worth $2,460,000 after purchasing an additional 1,280 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Domino’s Pizza by 107.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 444,780 shares of the restaurant operator’s stock worth $221,003,000 after purchasing an additional 230,090 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in Domino’s Pizza by 866.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 49,846 shares of the restaurant operator’s stock worth $25,737,000 after purchasing an additional 44,688 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on DPZ. Robert W. Baird reduced their price objective on Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating on the stock in a report on Thursday, September 12th. Deutsche Bank Aktiengesellschaft reduced their price objective on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. Loop Capital reiterated a “hold” rating and issued a $419.00 price target on shares of Domino’s Pizza in a report on Friday, September 20th. Wedbush reiterated an “outperform” rating and issued a $575.00 price target on shares of Domino’s Pizza in a report on Monday, July 15th. Finally, Stephens cut their price target on 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, ten have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $506.28.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $432.35 on Friday. The stock has a 50-day moving average of $422.02 and a two-hundred day moving average of $471.79. Domino’s Pizza, Inc. has a one year low of $330.05 and a one year high of $542.75. The stock has a market cap of $15.12 billion, a P/E ratio of 28.22, a P/E/G ratio of 2.21 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.35. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.08 EPS. Analysts predict that Domino’s Pizza, Inc. will post 16.24 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a $1.51 dividend. The ex-dividend date is Friday, September 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.40%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 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.