Domino’s Pizza Inc $DPZ Shares Purchased by Amiral Gestion

Amiral Gestion grew its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 31.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 33,160 shares of the restaurant operator’s stock after acquiring an additional 8,000 shares during the quarter. Domino’s Pizza comprises about 6.6% of Amiral Gestion’s portfolio, making the stock its 7th biggest holding. Amiral Gestion’s holdings in Domino’s Pizza were worth $11,897,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of DPZ. Northwestern Mutual Wealth Management Co. increased its position in shares of Domino’s Pizza by 21,977.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock worth $381,254,000 after purchasing an additional 910,529 shares during the period. Norges Bank acquired a new stake in Domino’s Pizza during the fourth quarter worth about $285,116,000. Berkshire Hathaway Inc grew its stake in Domino’s Pizza by 12.3% during the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock worth $1,396,347,000 after buying an additional 368,055 shares in the last quarter. Two Sigma Investments LP increased its holdings in Domino’s Pizza by 2,845.4% in the 3rd quarter. Two Sigma Investments LP now owns 264,024 shares of the restaurant operator’s stock valued at $113,982,000 after buying an additional 255,060 shares during the period. Finally, Woodline Partners LP increased its holdings in Domino’s Pizza by 8,229.8% in the 3rd quarter. Woodline Partners LP now owns 242,314 shares of the restaurant operator’s stock valued at $104,609,000 after buying an additional 239,405 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DPZ shares. Gordon Haskett cut their price target on shares of Domino’s Pizza from $440.00 to $380.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Sanford C. Bernstein decreased their price objective on shares of Domino’s Pizza from $470.00 to $390.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 28th. BTIG Research lowered their price objective on shares of Domino’s Pizza from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday. The Goldman Sachs Group cut their target price on Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $325.00 target price on shares of Domino’s Pizza in a research note on Tuesday. Seventeen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $412.97.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 487 shares of Domino’s Pizza stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $311.74, for a total value of $151,817.38. Following the completion of the sale, the executive vice president directly owned 9,352 shares in the company, valued at approximately $2,915,392.48. The trade was a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 1,463 shares of company stock worth $466,807 over the last ninety days. Company insiders own 0.89% of the company’s stock.

Domino’s Pizza Stock Down 4.1%

DPZ stock opened at $282.89 on Wednesday. The firm has a market cap of $9.41 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 1.37 and a beta of 0.97. The company’s fifty day simple moving average is $326.10 and its 200 day simple moving average is $373.83. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The business had revenue of $1.15 billion for the quarter. During the same period in the prior year, the firm posted $4.33 EPS. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. Research analysts expect that Domino’s Pizza Inc will post 19.07 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $1.99 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $7.96 annualized dividend and a yield of 2.8%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 45.83%.

Key Stories Impacting Domino’s Pizza

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Several firms still see meaningful upside in Domino’s despite trimming targets: TD Cowen reaffirmed a hold rating with a $350 target, JPMorgan kept an overweight rating with a $380 target, and BTIG and Baird maintained constructive views with $425 and $350 targets, respectively. Article Title
• Positive Sentiment: Analysts generally kept favorable ratings in place, suggesting the recent selloff may be driven more by uncertainty than by a full deterioration in the long-term outlook. Article Title
• Neutral Sentiment: Domino’s announced a leadership succession plan, with COO Joe Jordan set to become CEO in late September as Russell Weiner retires and becomes executive chairman. Article Title
• Neutral Sentiment: The company also acknowledged that same-store sales are still tracking below target, which may be tempering confidence in a near-term recovery. Article Title
• Negative Sentiment: Investors appear concerned that the CEO retirement signals a leadership change during a period of slowing pizza sales, which has pressured the stock. Article Title
• Negative Sentiment: Recent estimate cuts from JPMorgan, BTIG, and Baird reflect a more cautious near-term view, even though their targets remain above the current share price. Article Title

Domino’s Pizza Profile

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.