Domino’s Pizza Inc $DPZ Holdings Decreased by Annex Advisory Services LLC

Annex Advisory Services LLC lowered its stake in Domino’s Pizza Inc (NASDAQ:DPZ) by 97.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,439 shares of the restaurant operator’s stock after selling 50,689 shares during the quarter. Annex Advisory Services LLC’s holdings in Domino’s Pizza were worth $621,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale raised its holdings in Domino’s Pizza by 2.9% during the second quarter. DekaBank Deutsche Girozentrale now owns 8,091 shares of the restaurant operator’s stock worth $3,631,000 after purchasing an additional 228 shares in the last quarter. Berkshire Hathaway Inc increased its position in shares of Domino’s Pizza by 0.5% during the 2nd quarter. Berkshire Hathaway Inc now owns 2,633,868 shares of the restaurant operator’s stock valued at $1,186,821,000 after purchasing an additional 13,255 shares during the period. Bank of Nova Scotia increased its position in shares of Domino’s Pizza by 1,891.7% during the 2nd quarter. Bank of Nova Scotia now owns 71,920 shares of the restaurant operator’s stock valued at $32,400,000 after purchasing an additional 68,309 shares during the period. Sterling Capital Management LLC raised its stake in shares of Domino’s Pizza by 2,076.8% in the 2nd quarter. Sterling Capital Management LLC now owns 180,084 shares of the restaurant operator’s stock worth $81,146,000 after buying an additional 171,811 shares in the last quarter. Finally, Scientech Research LLC raised its stake in shares of Domino’s Pizza by 86.7% in the 1st quarter. Scientech Research LLC now owns 2,423 shares of the restaurant operator’s stock worth $1,113,000 after buying an additional 1,125 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Royal Bank Of Canada decreased their target price on Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 15th. Barclays cut their price target on shares of Domino’s Pizza from $425.00 to $405.00 and set an “underweight” rating for the company in a report on Wednesday, October 8th. Citigroup reduced their price objective on shares of Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating for the company in a research report on Tuesday, September 30th. Bank of America lifted their price objective on shares of Domino’s Pizza from $514.00 to $536.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, TD Cowen reissued a “buy” rating and set a $510.00 target price on shares of Domino’s Pizza in a research note on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $490.40.

Insider Activity at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 4,870 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $434.06, for a total value of $2,113,872.20. Following the completion of the transaction, the executive vice president owned 6,744 shares of the company’s stock, valued at approximately $2,927,300.64. This trade represents a 41.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.83% of the company’s stock.

Domino’s Pizza Stock Down 1.0%

NASDAQ:DPZ opened at $421.25 on Tuesday. The stock has a fifty day simple moving average of $416.69 and a 200 day simple moving average of $437.28. The firm has a market capitalization of $14.23 billion, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of 2.25 and a beta of 1.14. Domino’s Pizza Inc has a 1-year low of $392.89 and a 1-year high of $500.55.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.96 by $0.12. Domino’s Pizza had a negative return on equity of 14.91% and a net margin of 12.16%.The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the company earned $4.19 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. Equities analysts predict that Domino’s Pizza Inc will post 16.74 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 15th were issued a dividend of $1.74 per share. The ex-dividend date was Monday, December 15th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.7%. Domino’s Pizza’s payout ratio is currently 40.68%.

About Domino’s Pizza

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.