37,701 Shares in Domino’s Pizza Inc (DPZ) Purchased by Jackson Square Partners LLC

Jackson Square Partners LLC acquired a new position in Domino’s Pizza Inc (NYSE:DPZ) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 37,701 shares of the restaurant operator’s stock, valued at approximately $7,485,000. Jackson Square Partners LLC owned about 0.09% of Domino’s Pizza as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Sheaff Brock Investment Advisors LLC grew its position in shares of Domino’s Pizza by 1.3% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 1,996 shares of the restaurant operator’s stock worth $422,000 after buying an additional 25 shares during the last quarter. MML Investors Services LLC boosted its stake in Domino’s Pizza by 3.2% in the 2nd quarter. MML Investors Services LLC now owns 1,405 shares of the restaurant operator’s stock worth $297,000 after purchasing an additional 44 shares in the last quarter. Mirador Capital Partners LP boosted its stake in Domino’s Pizza by 3.5% in the 2nd quarter. Mirador Capital Partners LP now owns 1,632 shares of the restaurant operator’s stock worth $321,000 after purchasing an additional 55 shares in the last quarter. Toronto Dominion Bank boosted its stake in Domino’s Pizza by 12.2% in the 2nd quarter. Toronto Dominion Bank now owns 590 shares of the restaurant operator’s stock worth $125,000 after purchasing an additional 64 shares in the last quarter. Finally, Sigma Planning Corp boosted its stake in Domino’s Pizza by 8.5% in the 2nd quarter. Sigma Planning Corp now owns 1,281 shares of the restaurant operator’s stock worth $271,000 after purchasing an additional 100 shares in the last quarter. 94.20% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Domino’s Pizza Inc (NYSE:DPZ) traded down $1.66 during midday trading on Friday, reaching $179.51. 918,600 shares of the company’s stock traded hands, compared to its average volume of 940,547. The company has a debt-to-equity ratio of -1.13, a quick ratio of 1.39 and a current ratio of 1.49. Domino’s Pizza Inc has a twelve month low of $156.26 and a twelve month high of $221.58. The firm has a market cap of $7,923.31, a PE ratio of 33.99, a price-to-earnings-growth ratio of 1.87 and a beta of 0.37.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, October 12th. The restaurant operator reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business posted $0.96 EPS. The business’s revenue was up 13.6% compared to the same quarter last year. sell-side analysts forecast that Domino’s Pizza Inc will post 5.8 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, December 14th. Domino’s Pizza’s dividend payout ratio is currently 35.11%.

In related news, insider Russell J. Weiner sold 7,276 shares of the business’s stock in a transaction on 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 transaction, the insider now directly owns 17,563 shares in the company, valued at approximately $3,424,785. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.57% of the company’s stock.

DPZ has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Monday, August 28th. Stifel Nicolaus initiated coverage on shares of Domino’s Pizza in a research note on Monday, October 2nd. They issued a “buy” rating and a $235.00 target price for the company. Guggenheim reiterated a “buy” rating and issued a $230.00 target price on shares of Domino’s Pizza in a research note on Friday, October 13th. Maxim Group upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their target price for the stock from $220.00 to $230.00 in a research note on Thursday, November 2nd. Finally, Longbow Research reiterated a “buy” rating and issued a $215.00 target price on shares of Domino’s Pizza in a research note on Tuesday, November 28th. Eleven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Domino’s Pizza has a consensus rating of “Hold” and an average target price 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.

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

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