Domino’s Pizza, Inc. (NYSE:DPZ) Shares Purchased by GAM Holding AG

GAM Holding AG lifted its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 25.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,757 shares of the restaurant operator’s stock after purchasing an additional 955 shares during the period. GAM Holding AG’s holdings in Domino’s Pizza were worth $1,228,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DPZ. CWM LLC increased its position in shares of Domino’s Pizza by 613.3% in the 4th quarter. CWM LLC now owns 107 shares of the restaurant operator’s stock valued at $27,000 after acquiring an additional 92 shares during the period. Field & Main Bank acquired a new stake in Domino’s Pizza during the 1st quarter worth about $32,000. Cullen Frost Bankers Inc. acquired a new stake in Domino’s Pizza during the 1st quarter worth about $37,000. Ffcm LLC grew its position in Domino’s Pizza by 91.1% during the 4th quarter. Ffcm LLC now owns 172 shares of the restaurant operator’s stock worth $43,000 after purchasing an additional 82 shares during the period. Finally, Benjamin F. Edwards & Company Inc. acquired a new stake in Domino’s Pizza during the 4th quarter worth about $89,000. Hedge funds and other institutional investors own 97.03% of the company’s stock.

Shares of NYSE DPZ traded down $7.18 during midday trading on Monday, reaching $271.10. 631,111 shares of the stock were exchanged, compared to its average volume of 783,932. The firm has a 50 day moving average of $280.88. Domino’s Pizza, Inc. has a twelve month low of $231.28 and a twelve month high of $305.34. The stock has a market cap of $11.44 billion, a PE ratio of 32.20, a P/E/G ratio of 2.03 and a beta of 0.48.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Wednesday, April 24th. The restaurant operator reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.13. Domino’s Pizza had a net margin of 10.50% and a negative return on equity of 12.38%. The company had revenue of $835.96 million for the quarter, compared to the consensus estimate of $852.59 million. During the same quarter in the prior year, the firm earned $2.00 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, analysts expect that Domino’s Pizza, Inc. will post 9.32 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.96%. The ex-dividend date was Thursday, June 13th. Domino’s Pizza’s payout ratio is 30.88%.

Several brokerages have weighed in on DPZ. Bank of America increased their price target on Domino’s Pizza from $290.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Morgan Stanley raised shares of Domino’s Pizza from an “equal weight” rating to an “overweight” rating and set a $260.90 target price on the stock in a research note on Wednesday, April 17th. Stephens increased their target price on shares of Domino’s Pizza from $310.00 to $325.00 and gave the stock an “overweight” rating in a research note on Thursday, April 25th. Citigroup raised their price target on shares of Domino’s Pizza from $282.00 to $298.00 and gave the company a “neutral” rating in a research note on Wednesday, May 8th. Finally, ValuEngine lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. One analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $297.56.

In related news, CEO Richard E. Allison, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $279.19, for a total transaction of $2,791,900.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.62% of the company’s stock.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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

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