Today, N+1 Singer Reiterates Hold Rating for Domino’s Pizza Inc. (DPZ)

Today, N+1 Singer Reiterates Hold Rating for Domino’s Pizza Inc. (DPZ)

N+1 Singer reiterated their hold rating on shares of Domino’s Pizza Inc. (NYSE:DPZ) in a research note published on Wednesday morning.

DPZ has been the subject of a number of other reports. Maxim Group lifted their price objective on Domino’s Pizza from $135.00 to $158.00 and gave the stock a hold rating in a research report on Tuesday, October 4th. Zacks Investment Research upgraded Domino’s Pizza from a sell rating to a hold rating in a research report on Tuesday, September 27th. Citigroup Inc. lifted their price objective on Domino’s Pizza from $137.00 to $159.00 and gave the stock a neutral rating in a research report on Tuesday, September 13th. Goldman Sachs Group Inc. reiterated a buy rating and issued a $139.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, July 19th. Finally, Vetr lowered Domino’s Pizza from a buy rating to a hold rating and set a $133.50 price objective for the company. in a research report on Thursday, June 30th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $144.73.

Domino’s Pizza (NYSE:DPZ) opened at 152.01 on Wednesday. The company has a market cap of $7.34 billion, a price-to-earnings ratio of 40.92 and a beta of 0.81. Domino’s Pizza has a 12 month low of $100.59 and a 12 month high of $155.10. The company’s 50-day moving average is $151.21 and its 200 day moving average is $137.76.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Thursday, July 21st. The company reported $0.98 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.04. The firm earned $547.34 million during the quarter, compared to analyst estimates of $533.44 million. Domino’s Pizza had a negative return on equity of 11.59% and a net margin of 8.45%. The company’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the company earned $0.81 earnings per share. Equities analysts forecast that Domino’s Pizza will post $4.14 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend was Tuesday, September 13th. Domino’s Pizza’s dividend payout ratio is currently 40.86%.

In other news, insider Richard E. Allison, Jr. sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $146.92, for a total transaction of $2,938,400.00. Following the sale, the insider now owns 42,080 shares in the company, valued at approximately $6,182,393.60. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James A. Goldman sold 3,095 shares of the company’s stock in a transaction that occurred on Monday, July 25th. The stock was sold at an average price of $147.66, for a total value of $457,007.70. Following the sale, the director now owns 15,167 shares in the company, valued at approximately $2,239,559.22. The disclosure for this sale can be found here. Insiders own 5.03% of the company’s stock.

Several large investors have recently made changes to their positions in the company. World Asset Management Inc boosted its stake in shares of Domino’s Pizza by 1.0% in the second quarter. World Asset Management Inc now owns 2,473 shares of the company’s stock worth $325,000 after buying an additional 24 shares in the last quarter. Profund Advisors LLC boosted its stake in shares of Domino’s Pizza by 0.5% in the second quarter. Profund Advisors LLC now owns 6,008 shares of the company’s stock worth $789,000 after buying an additional 27 shares in the last quarter. Creative Planning boosted its stake in shares of Domino’s Pizza by 2.7% in the third quarter. Creative Planning now owns 1,420 shares of the company’s stock worth $216,000 after buying an additional 38 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Domino’s Pizza by 0.7% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 8,658 shares of the company’s stock worth $1,137,000 after buying an additional 62 shares in the last quarter. Finally, Calvert Investment Management Inc. boosted its stake in shares of Domino’s Pizza by 4.3% in the second quarter. Calvert Investment Management Inc. now owns 3,027 shares of the company’s stock worth $398,000 after buying an additional 125 shares in the last quarter. Institutional investors own 95.55% of the company’s stock.

Domino’s Pizza Company Profile

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