Jefferies Group LLC Increases Holdings in Domino’s Pizza, Inc. (DPZ)

Jefferies Group LLC grew its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 513.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,930 shares of the restaurant operator’s stock after acquiring an additional 10,823 shares during the quarter. Jefferies Group LLC’s holdings in Domino’s Pizza were worth $3,812,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. BlackRock Inc. lifted its position in shares of Domino’s Pizza by 5.8% in the 2nd quarter. BlackRock Inc. now owns 5,316,377 shares of the restaurant operator’s stock worth $1,500,121,000 after acquiring an additional 292,482 shares during the period. FMR LLC lifted its position in shares of Domino’s Pizza by 15.3% during the 3rd quarter. FMR LLC now owns 1,365,933 shares of the restaurant operator’s stock worth $402,677,000 after buying an additional 181,591 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Domino’s Pizza by 1.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 511,626 shares of the restaurant operator’s stock worth $150,828,000 after buying an additional 5,135 shares during the period. Morgan Stanley lifted its position in shares of Domino’s Pizza by 36.3% during the 2nd quarter. Morgan Stanley now owns 290,070 shares of the restaurant operator’s stock worth $81,849,000 after buying an additional 77,244 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Domino’s Pizza by 41.9% during the 2nd quarter. Bank of America Corp DE now owns 275,099 shares of the restaurant operator’s stock worth $77,625,000 after buying an additional 81,286 shares during the period. Institutional investors own 90.51% of the company’s stock.

In related news, CEO Richard E. Allison, Jr. sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 29th. The stock was sold at an average price of $279.31, for a total transaction of $1,396,550.00. Following the completion of the sale, the chief executive officer now directly owns 44,864 shares of the company’s stock, valued at approximately $12,530,963.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.97% of the company’s stock.

DPZ has been the subject of several analyst reports. Zacks Investment Research downgraded Domino’s Pizza from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. Wells Fargo & Co raised their target price on Domino’s Pizza from $255.00 to $260.00 and gave the stock a “market perform” rating in a research report on Monday, October 8th. They noted that the move was a valuation call. Maxim Group raised their target price on Domino’s Pizza from $285.00 to $305.00 and gave the stock a “hold” rating in a research report on Wednesday, October 10th. Mizuho set a $300.00 target price on Domino’s Pizza and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, UBS Group initiated coverage on Domino’s Pizza in a research report on Monday, October 22nd. They set a “neutral” rating and a $285.00 target price for the company. Nine investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $277.00.

DPZ stock opened at $258.32 on Friday. Domino’s Pizza, Inc. has a fifty-two week low of $177.24 and a fifty-two week high of $305.34. The firm has a market cap of $11.08 billion, a P/E ratio of 34.46, a price-to-earnings-growth ratio of 1.84 and a beta of 0.41.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Tuesday, October 16th. The restaurant operator reported $1.95 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.20. Domino’s Pizza had a negative return on equity of 11.92% and a net margin of 10.60%. The firm had revenue of $786.00 million during the quarter, compared to analysts’ expectations of $789.10 million. During the same period last year, the firm posted $1.27 EPS. The business’s revenue was up 22.1% on a year-over-year basis. Equities analysts anticipate that Domino’s Pizza, Inc. will post 8.44 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be issued a dividend of $0.55 per share. The ex-dividend date is Thursday, December 13th. This represents a $2.20 dividend on an annualized basis and a yield of 0.85%. Domino’s Pizza’s dividend payout ratio is 41.20%.

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About Domino’s Pizza

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

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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