Today, CIBC World Markets Inc. Invests $3,038,000 in Domino’s Pizza Inc. (DPZ)

Today, CIBC World Markets Inc. Invests $3,038,000 in Domino’s Pizza Inc. (DPZ)

CIBC World Markets Inc. purchased a new stake in shares of Domino’s Pizza Inc. (NYSE:DPZ) during the third quarter, Holdings Channel reports. The fund purchased 20,006 shares of the company’s stock, valued at approximately $3,038,000.

Other institutional investors also recently made changes to their positions in the company. Capital World Investors boosted its position in shares of Domino’s Pizza by 2.2% in the second quarter. Capital World Investors now owns 5,493,504 shares of the company’s stock valued at $721,737,000 after buying an additional 119,188 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Domino’s Pizza by 2.1% in the second quarter. Vanguard Group Inc. now owns 3,611,585 shares of the company’s stock valued at $474,489,000 after buying an additional 74,268 shares in the last quarter. BlackRock Fund Advisors boosted its position in shares of Domino’s Pizza by 5.3% in the second quarter. BlackRock Fund Advisors now owns 1,785,461 shares of the company’s stock valued at $234,574,000 after buying an additional 89,797 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Domino’s Pizza by 5.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,593,162 shares of the company’s stock valued at $209,310,000 after buying an additional 77,122 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Domino’s Pizza by 17.6% in the second quarter. State Street Corp now owns 1,583,984 shares of the company’s stock valued at $208,104,000 after buying an additional 237,447 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Shares of Domino’s Pizza Inc. (NYSE:DPZ) traded up 1.00% during mid-day trading on Friday, reaching $172.26. 276,681 shares of the company’s stock were exchanged. The company has a market capitalization of $8.28 billion, a PE ratio of 42.83 and a beta of 0.62. The company’s 50-day moving average price is $161.86 and its 200-day moving average price is $144.21. Domino’s Pizza Inc. has a one year low of $101.01 and a one year high of $172.62.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, October 18th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. The business had revenue of $566.70 million for the quarter, compared to the consensus estimate of $339.32 million. Domino’s Pizza had a net margin of 8.55% and a negative return on equity of 11.03%. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.67 EPS. On average, equities analysts expect that Domino’s Pizza Inc. will post $4.25 earnings per share for the current year.

DPZ has been the topic of several research analyst reports. Citigroup Inc. boosted their price target on shares of Domino’s Pizza from $137.00 to $159.00 and gave the company a “neutral” rating in a research report on Tuesday, September 13th. Peel Hunt reissued a “buy” rating on shares of Domino’s Pizza in a research note on Thursday, October 13th. Nomura boosted their price objective on shares of Domino’s Pizza to $152.00 in a research note on Wednesday, October 19th. Jefferies Group reissued a “neutral” rating and set a $150.00 price objective (up previously from $135.00) on shares of Domino’s Pizza in a research note on Wednesday, October 19th. Finally, Barclays PLC reissued an “equal weight” rating and set a $144.00 price objective (up previously from $132.00) on shares of Domino’s Pizza in a research note on Friday, October 21st. One research analyst has rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $152.58.

In other news, Director Vernon O. Hamilton sold 4,000 shares of the firm’s stock in a transaction dated Friday, October 21st. The shares were sold at an average price of $165.28, for a total value of $661,120.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Richard E. Allison, Jr. sold 20,000 shares of the firm’s stock in a transaction dated Thursday, October 20th. The shares were sold at an average price of $164.88, for a total transaction of $3,297,600.00. Following the completion of the sale, the insider now owns 42,080 shares in the company, valued at $6,938,150.40. The disclosure for this sale can be found here. 5.03% of the stock is currently owned by insiders.

About Domino’s Pizza

Domino’s Pizza, Inc is a pizza restaurant chain. The Company operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States.

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