Inceptionr LLC Invests $1.02 Million in Domino’s Pizza Inc $DPZ

Inceptionr LLC bought a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,842 shares of the restaurant operator’s stock, valued at approximately $1,020,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Liberty One Investment Management LLC grew its holdings in Domino’s Pizza by 38.3% in the first quarter. Liberty One Investment Management LLC now owns 11,826 shares of the restaurant operator’s stock valued at $4,243,000 after purchasing an additional 3,274 shares during the period. Sei Investments Co. raised its stake in shares of Domino’s Pizza by 28.7% during the 1st quarter. Sei Investments Co. now owns 105,424 shares of the restaurant operator’s stock worth $37,827,000 after buying an additional 23,498 shares during the period. Lido Advisors LLC lifted its position in shares of Domino’s Pizza by 3.4% during the 1st quarter. Lido Advisors LLC now owns 67,819 shares of the restaurant operator’s stock valued at $24,333,000 after buying an additional 2,203 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Domino’s Pizza by 23.1% during the 1st quarter. Cetera Investment Advisers now owns 15,963 shares of the restaurant operator’s stock valued at $5,728,000 after buying an additional 2,991 shares in the last quarter. Finally, Alesco Advisors LLC An ESL Co purchased a new position in shares of Domino’s Pizza during the 1st quarter valued at approximately $378,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 3.0%

Domino’s Pizza stock opened at $332.97 on Friday. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $486.68. The firm has a market capitalization of $11.02 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.57 and a beta of 0.97. The company has a fifty day simple moving average of $310.79 and a 200-day simple moving average of $355.47.

Domino’s Pizza (NASDAQ:DPZ) last issued its 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 during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $3.81 EPS. On average, research analysts anticipate that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $1.99 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.4%. Domino’s Pizza’s dividend payout ratio is 45.15%.

Insider Activity at Domino’s Pizza

In related news, EVP Kelly E. Garcia sold 487 shares of Domino’s Pizza stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total transaction of $144,643.87. Following the transaction, the executive vice president owned 9,352 shares in the company, valued at approximately $2,777,637.52. This trade represents a 4.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 1,950 shares of company stock valued at $611,451 over the last ninety days. 0.89% of the stock is currently owned by company insiders.

Trending Headlines about Domino’s Pizza

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Wells Fargo raised its price target on Domino’s Pizza (DPZ) to $350, signaling improved expectations for the stock. Wells Fargo & Company Raises Domino’s Pizza (NASDAQ:DPZ) Price Target to $350.00
• Positive Sentiment: BTIG Research reiterated a Buy rating on Domino’s Pizza, reinforcing a favorable analyst outlook. Domino’s Pizza (NASDAQ:DPZ) Earns Buy Rating from BTIG Research
• Positive Sentiment: Consensus analyst coverage remains supportive, with Domino’s Pizza receiving an average “Moderate Buy” recommendation. Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Several articles argue Domino’s may still be undervalued or trading at an attractive earnings multiple after stronger-than-expected Q2 revenue, which can support bullish sentiment. Is Domino’s Pizza (DPZ) Undervalued After Stronger Than Expected Q2 Revenue?
• Neutral Sentiment: A piece on Domino’s trading at a premium to cash flow but a discount to earnings suggests the stock may be fairly valued rather than clearly expensive or cheap. Dominos (DPZ) Stock May Trade At A Premium To Cash Flow But A Discount To Earnings
• Neutral Sentiment: A short-interest update noted zero reported shares and no meaningful days-to-cover reading, so it does not provide a clear new directional signal for the stock.
• Negative Sentiment: Oppenheimer issued a more cautious forecast for Domino’s Pizza, and BMO Capital trimmed its price target to $420, which could temper enthusiasm. Oppenheimer Issues Pessimistic Forecast for Domino’s Pizza (NASDAQ:DPZ) Stock Price BMO Capital Markets Lowers Domino’s Pizza (NASDAQ:DPZ) Price Target to $420.00

Analysts Set New Price Targets

Several brokerages recently commented on DPZ. Sanford C. Bernstein reissued a “market perform” rating on shares of Domino’s Pizza in a report on Tuesday. UBS Group reaffirmed a “buy” rating on shares of Domino’s Pizza in a report on Tuesday. Jefferies Financial Group dropped their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating on the stock in a research report on Tuesday, April 28th. Morgan Stanley reduced their price target on shares of Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Finally, The Goldman Sachs Group decreased their price target on shares of Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $402.16.

Domino’s Pizza Profile

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.