Jeffrey D. Lawrence Sells 1,470 Shares of Domino’s Pizza, Inc. (NYSE:DPZ) Stock

Domino’s Pizza, Inc. (NYSE:DPZ) CFO Jeffrey D. Lawrence sold 1,470 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $425.00, for a total transaction of $624,750.00. Following the completion of the sale, the chief financial officer now owns 2,257 shares of the company’s stock, valued at approximately $959,225. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jeffrey D. Lawrence also recently made the following trade(s):

  • On Monday, July 13th, Jeffrey D. Lawrence sold 2,500 shares of Domino’s Pizza stock. The stock was sold at an average price of $402.15, for a total transaction of $1,005,375.00.

DPZ stock traded up $1.71 during trading on Thursday, reaching $426.99. The company had a trading volume of 527,055 shares, compared to its average volume of 845,235. Domino’s Pizza, Inc. has a twelve month low of $227.50 and a twelve month high of $430.91. The firm has a 50-day simple moving average of $403.46 and a 200-day simple moving average of $376.15. The company has a market cap of $16.80 billion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 2.19 and a beta of 0.34.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Thursday, July 16th. The restaurant operator reported $2.99 EPS for the quarter, beating the consensus estimate of $2.25 by $0.74. Domino’s Pizza had a net margin of 12.11% and a negative return on equity of 14.01%. The business had revenue of $920.00 million during the quarter, compared to analysts’ expectations of $913.62 million. During the same period in the previous year, the business posted $2.19 EPS. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, analysts expect that Domino’s Pizza, Inc. will post 12.8 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 0.73%. The ex-dividend date was Monday, September 14th. Domino’s Pizza’s payout ratio is 32.60%.

A number of hedge funds and other institutional investors have recently made changes to their positions in DPZ. Melvin Capital Management LP acquired a new stake in Domino’s Pizza during the 1st quarter valued at approximately $210,646,000. Vanguard Group Inc. boosted its holdings in Domino’s Pizza by 11.5% during the second quarter. Vanguard Group Inc. now owns 4,396,998 shares of the restaurant operator’s stock worth $1,624,427,000 after buying an additional 454,918 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Domino’s Pizza by 121.8% during the second quarter. Goldman Sachs Group Inc. now owns 704,730 shares of the restaurant operator’s stock valued at $260,356,000 after buying an additional 387,033 shares during the period. Alliancebernstein L.P. increased its holdings in Domino’s Pizza by 78.3% in the first quarter. Alliancebernstein L.P. now owns 824,497 shares of the restaurant operator’s stock valued at $267,195,000 after buying an additional 362,049 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Domino’s Pizza by 828.9% in the first quarter. Invesco Ltd. now owns 246,224 shares of the restaurant operator’s stock worth $79,794,000 after acquiring an additional 219,716 shares during the period. Institutional investors and hedge funds own 89.80% of the company’s stock.

Several research analysts recently commented on DPZ shares. OTR Global raised shares of Domino’s Pizza to a “positive” rating in a research note on Monday, July 6th. Stephens raised their price target on shares of Domino’s Pizza from $410.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. BTIG Research raised their price target on shares of Domino’s Pizza from $405.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Credit Suisse Group raised their price target on shares of Domino’s Pizza from $415.00 to $445.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Finally, Zacks Investment Research downgraded shares of Domino’s Pizza from a “strong-buy” rating to a “hold” rating and set a $403.00 price target on the stock. in a research note on Tuesday, August 11th. Eleven research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $411.69.

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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