MADDEN SECURITIES Corp Makes New Investment in DPC Holdings PLC $DPC

MADDEN SECURITIES Corp bought a new stake in DPC Holdings PLC (NYSE:DPC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 38,720 shares of the company’s stock, valued at approximately $1,636,000.

Several other institutional investors and hedge funds have also modified their holdings of DPC. Sterling Capital Management LLC bought a new position in DPC during the 3rd quarter worth $25,000. Zevenbergen Capital Investments LLC bought a new stake in shares of DPC during the 3rd quarter worth approximately $315,000. HBK Investments L P bought a new stake in DPC during the second quarter worth $72,750,000. BlueCrest Capital Management Ltd acquired a new stake in DPC in the second quarter valued at about $1,226,000. Finally, Mudrick Capital Management L.P. bought a new position in shares of DPC in the second quarter worth about $314,115,000.

DPC Stock Performance

Shares of DPC stock opened at $28.23 on Wednesday. DPC Holdings PLC has a twelve month low of $25.00 and a twelve month high of $57.25. The stock’s fifty day moving average price is $39.29.

DPC (NYSE:DPC) last posted its earnings results on Tuesday, August 11th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). The business had revenue of $268.70 million during the quarter. Equities research analysts expect that DPC Holdings PLC will post -0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DPC shares. Weiss Ratings assumed coverage on shares of DPC in a research note on Monday, September 21st. They issued a “sell (d)” rating on the stock. Jefferies Financial Group started coverage on shares of DPC in a research report on Monday, July 20th. They set a “buy” rating and a $56.00 price objective for the company. Barclays initiated coverage on shares of DPC in a research note on Friday, October 9th. They issued an “overweight” rating and a $49.00 price objective for the company. Morgan Stanley cut their target price on shares of DPC from $59.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. Finally, Wall Street Zen lowered shares of DPC from a “hold” rating to a “sell” rating in a research report on Saturday, September 19th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DPC presently has a consensus rating of “Hold” and a consensus target price of $52.70.

About DPC

DPC Dash Ltd. (NYSE: DPC) is a quick-service restaurant company that develops and operates Domino’s Pizza stores in China. The company serves customers through a network of company-operated and franchised locations, offering pizzas, side dishes, desserts and beverages for delivery, carryout and dine-in service.

DPC Dash operates under an exclusive master franchise agreement with Domino’s Pizza for mainland China. Its business focuses on expanding the Domino’s brand in the Chinese market while adapting store operations, digital ordering and menu offerings to local consumer preferences.

The company traces its operations in China to 2010 and is headquartered in Shanghai.