Domino’s Pizza Inc $DPZ Stock Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lifted its holdings in Domino’s Pizza Inc (NASDAQ:DPZ) by 130.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 44,195 shares of the restaurant operator’s stock after acquiring an additional 24,997 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Domino’s Pizza were worth $13,241,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Soroban Capital Partners LP acquired a new position in Domino’s Pizza during the first quarter valued at $895,251,000. BlackRock Inc. purchased a new stake in Domino’s Pizza in the 2nd quarter worth about $715,704,000. Arrowstreet Capital Limited Partnership lifted its stake in Domino’s Pizza by 247.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock worth $189,171,000 after acquiring an additional 375,709 shares in the last quarter. Van ECK Associates Corp boosted its position in Domino’s Pizza by 937,192.2% during the 2nd quarter. Van ECK Associates Corp now owns 478,019 shares of the restaurant operator’s stock worth $141,513,000 after acquiring an additional 477,968 shares during the period. Finally, Royal Bank of Canada boosted its position in Domino’s Pizza by 5.2% during the 1st quarter. Royal Bank of Canada now owns 448,221 shares of the restaurant operator’s stock worth $160,817,000 after acquiring an additional 22,320 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 0.4%

NASDAQ DPZ opened at $328.60 on Thursday. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $442.35. The company has a market capitalization of $10.81 billion, a PE ratio of 18.10, a price-to-earnings-growth ratio of 1.52 and a beta of 0.95. The firm’s fifty day simple moving average is $312.49 and its 200-day simple moving average is $340.49.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.33 by $0.27. The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. Domino’s Pizza’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.08 earnings per share. As a group, analysts predict that Domino’s Pizza Inc will post 19.10 EPS for the current year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Tuesday, December 15th will be given a $1.99 dividend. This represents a $7.96 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 15th. Domino’s Pizza’s dividend payout ratio is presently 43.86%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DPZ. Mizuho lowered their target price on Domino’s Pizza from $420.00 to $380.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 14th. Seaport Research Partners started coverage on Domino’s Pizza in a report on Wednesday, September 16th. They issued a “neutral” rating on the stock. Wells Fargo & Company reduced their price target on shares of Domino’s Pizza from $350.00 to $320.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 14th. Royal Bank Of Canada decreased their price target on shares of Domino’s Pizza from $325.00 to $320.00 and set a “sector perform” rating for the company in a report on Wednesday, October 14th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Domino’s Pizza from $380.00 to $350.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $380.87.

Domino’s Pizza Profile

Domino’s Pizza, Inc. is a global pizza company that operates and franchises restaurants specializing in delivery and carryout. Its menu includes pizzas, chicken wings, sandwiches, pasta, bread sides, desserts and beverages, with offerings varying by location. The company traces its roots to a pizza shop opened in Ypsilanti, Michigan, in 1960. It adopted the Domino’s Pizza name in 1965 and has since grown through a predominantly franchised business model, serving customers in the United States and international markets.