Domino’s Pizza Inc (NYSE:DPZ) Stake Lessened by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA reduced its stake in shares of Domino’s Pizza Inc (NYSE:DPZ) by 68.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 25,332 shares of the restaurant operator’s stock after selling 54,950 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.06% of Domino’s Pizza worth $5,030,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Sheaff Brock Investment Advisors LLC grew its position in shares of Domino’s Pizza by 1.3% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 1,996 shares of the restaurant operator’s stock valued at $422,000 after acquiring an additional 25 shares during the period. Nisa Investment Advisors LLC grew its position in shares of Domino’s Pizza by 0.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 11,947 shares of the restaurant operator’s stock valued at $2,528,000 after acquiring an additional 30 shares during the period. MML Investors Services LLC grew its position in shares of Domino’s Pizza by 3.2% during the 2nd quarter. MML Investors Services LLC now owns 1,405 shares of the restaurant operator’s stock valued at $297,000 after acquiring an additional 44 shares during the period. Mirador Capital Partners LP grew its position in shares of Domino’s Pizza by 3.5% during the 2nd quarter. Mirador Capital Partners LP now owns 1,632 shares of the restaurant operator’s stock valued at $321,000 after acquiring an additional 55 shares during the period. Finally, World Asset Management Inc lifted its stake in Domino’s Pizza by 1.8% in the 2nd quarter. World Asset Management Inc now owns 3,502 shares of the restaurant operator’s stock valued at $741,000 after buying an additional 62 shares in the last quarter. 94.20% of the stock is currently owned by institutional investors.

In other news, insider Russell J. Weiner sold 7,276 shares of the company’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $195.00, for a total value of $1,418,820.00. Following the completion of the sale, the insider now directly owns 17,563 shares of the company’s stock, valued at $3,424,785. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.57% of the stock is currently owned by corporate insiders.

Shares of Domino’s Pizza Inc (NYSE:DPZ) traded up $3.00 on Monday, reaching $187.62. 1,341,168 shares of the company were exchanged, compared to its average volume of 942,949. Domino’s Pizza Inc has a 52-week low of $156.26 and a 52-week high of $221.58. The stock has a market capitalization of $8,230.00, a PE ratio of 34.64, a PEG ratio of 1.90 and a beta of 0.37. The company has a current ratio of 1.49, a quick ratio of 1.39 and a debt-to-equity ratio of -1.13.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, October 12th. The restaurant operator reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.05. Domino’s Pizza had a net margin of 9.47% and a negative return on equity of 12.59%. The firm had revenue of $643.60 million during the quarter, compared to analysts’ expectations of $627.85 million. During the same period in the previous year, the company earned $0.96 earnings per share. Domino’s Pizza’s quarterly revenue was up 13.6% compared to the same quarter last year. analysts anticipate that Domino’s Pizza Inc will post 5.8 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.98%. Domino’s Pizza’s payout ratio is 35.05%.

A number of research analysts recently weighed in on the stock. Longbow Research reaffirmed a “buy” rating and issued a $215.00 price target on shares of Domino’s Pizza in a research note on Tuesday, November 28th. Nomura raised shares of Domino’s Pizza from a “neutral” rating to a “buy” rating and set a $201.00 target price on the stock in a research note on Wednesday, November 29th. Zacks Investment Research lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Maxim Group reissued a “hold” rating and issued a $200.00 target price on shares of Domino’s Pizza in a research note on Tuesday, September 19th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and set a $210.00 price target (up previously from $204.00) on shares of Domino’s Pizza in a research report on Monday, October 2nd. Eleven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $207.68.

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Domino’s Pizza Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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

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