Jefferies Financial Group Inc. Invests $5.68 Million in Domino’s Pizza Inc $DPZ

Jefferies Financial Group Inc. bought a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 19,198 shares of the restaurant operator’s stock, valued at approximately $5,683,000. Jefferies Financial Group Inc. owned about 0.06% of Domino’s Pizza at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Andina Capital Management LLC increased its stake in Domino’s Pizza by 3.1% during the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock valued at $457,000 after acquiring an additional 33 shares during the period. Diversify Advisory Services LLC increased its position in shares of Domino’s Pizza by 5.1% during the third quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after purchasing an additional 33 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares in the last quarter. Unified Investment Management lifted its position in Domino’s Pizza by 5.5% in the fourth quarter. Unified Investment Management now owns 745 shares of the restaurant operator’s stock worth $311,000 after purchasing an additional 39 shares during the period. Finally, Principal Securities Inc. boosted its stake in Domino’s Pizza by 4.2% during the fourth quarter. Principal Securities Inc. now owns 1,078 shares of the restaurant operator’s stock worth $449,000 after buying an additional 43 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DPZ. Weiss Ratings restated a “hold (c-)” rating on shares of Domino’s Pizza in a research note on Wednesday. Wells Fargo & Company upped their target price on shares of Domino’s Pizza from $325.00 to $350.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Rothschild & Co Redburn decreased their price objective on Domino’s Pizza from $340.00 to $290.00 in a report on Monday, May 11th. Finally, BMO Capital Markets lowered their price objective on Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 21st. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Hold” and a consensus price target of $397.42.

Insider Buying and Selling

In other Domino’s Pizza news, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the transaction, the chief executive officer owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. This represents a 19.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kelly E. Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the completion of the sale, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,254 shares of company stock worth $7,888,924 over the last quarter. 0.89% of the stock is owned by company insiders.

Domino’s Pizza Trading Up 5.4%

NASDAQ DPZ opened at $350.00 on Friday. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $469.00. The company has a 50 day moving average of $328.60 and a 200-day moving average of $345.64. The firm has a market cap of $11.58 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 1.60 and a beta of 0.94.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The business had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.Domino’s Pizza’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.81 EPS. On average, analysts forecast that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.99 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. Domino’s Pizza’s payout ratio is currently 45.15%.

About Domino’s Pizza

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.