HRT Financial LLC acquired a new position in Domino’s Pizza, Inc. (NYSE:DPZ) during the second quarter, HoldingsChannel reports. The institutional investor acquired 753 shares of the restaurant operator’s stock, valued at approximately $212,000.
A number of other institutional investors have also recently bought and sold shares of DPZ. Flagship Harbor Advisors LLC purchased a new stake in Domino’s Pizza in the 2nd quarter worth about $166,000. Winslow Evans & Crocker Inc. purchased a new stake in Domino’s Pizza in the 2nd quarter worth about $172,000. Foundry Partners LLC purchased a new stake in Domino’s Pizza in the 1st quarter worth about $210,000. Roosevelt Investment Group Inc. purchased a new stake in Domino’s Pizza in the 2nd quarter worth about $215,000. Finally, Private Trust Co. NA purchased a new stake in Domino’s Pizza in the 2nd quarter worth about $220,000. 92.96% of the stock is currently owned by institutional investors.
NYSE DPZ opened at $280.05 on Monday. The company has a debt-to-equity ratio of -1.17, a quick ratio of 1.70 and a current ratio of 1.81. Domino’s Pizza, Inc. has a 52-week low of $166.74 and a 52-week high of $305.34. The company has a market cap of $11.94 billion, a PE ratio of 52.44, a price-to-earnings-growth ratio of 1.79 and a beta of 0.25.
Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Thursday, July 19th. The restaurant operator reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.74 by $0.10. Domino’s Pizza had a net margin of 10.19% and a negative return on equity of 11.29%. The firm had revenue of $779.40 million for the quarter, compared to the consensus estimate of $786.88 million. During the same period last year, the firm earned $1.32 earnings per share. The company’s quarterly revenue was up 24.0% on a year-over-year basis. equities analysts predict that Domino’s Pizza, Inc. will post 8.31 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.79%. Domino’s Pizza’s dividend payout ratio is presently 41.20%.
In other news, COO Russell J. Weiner sold 4,404 shares of the stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $293.88, for a total transaction of $1,294,247.52. Following the transaction, the chief operating officer now directly owns 13,738 shares in the company, valued at $4,037,323.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider J Patrick Doyle sold 10,000 shares of the stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $295.32, for a total transaction of $2,953,200.00. Following the transaction, the insider now owns 34,670 shares in the company, valued at $10,238,744.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,004 shares of company stock worth $11,956,888. Insiders own 3.97% of the company’s stock.
A number of equities analysts have recently commented on the stock. ValuEngine raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating in a research report on Monday, June 11th. Stifel Nicolaus reaffirmed a “buy” rating and set a $300.00 target price (up from $275.00) on shares of Domino’s Pizza in a research report on Friday, June 15th. TheStreet raised shares of Domino’s Pizza from a “c+” rating to a “b” rating in a research report on Friday, June 15th. Guggenheim raised their target price on shares of Domino’s Pizza from $280.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday, June 19th. Finally, Zacks Investment Research lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Wednesday, July 4th. Ten equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $268.48.
Domino’s Pizza Profile
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.
Further Reading: Understanding Analyst Ratings
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