ORG Wealth Partners LLC Acquires New Shares in Domino’s Pizza, Inc. (NYSE:DPZ)

ORG Wealth Partners LLC acquired a new stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 216 shares of the restaurant operator’s stock, valued at approximately $93,000.

A number of other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC boosted its position in Domino’s Pizza by 25.2% during the second quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock valued at $67,000 after purchasing an additional 26 shares during the last quarter. Czech National Bank lifted its position in shares of Domino’s Pizza by 0.4% in the first quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock worth $3,049,000 after buying an additional 27 shares during the last quarter. Summit Trail Advisors LLC lifted its position in shares of Domino’s Pizza by 5.0% in the second quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator’s stock worth $293,000 after buying an additional 27 shares during the last quarter. Insight Folios Inc lifted its position in shares of Domino’s Pizza by 3.4% in the first quarter. Insight Folios Inc now owns 847 shares of the restaurant operator’s stock worth $421,000 after buying an additional 28 shares during the last quarter. Finally, Portside Wealth Group LLC lifted its position in shares of Domino’s Pizza by 6.5% in the second quarter. Portside Wealth Group LLC now owns 456 shares of the restaurant operator’s stock worth $235,000 after buying an additional 28 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Evercore ISI reduced their price target on Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating for the company in a research report on Monday, October 7th. Barclays reduced their price target on Domino’s Pizza from $380.00 to $370.00 and set an “underweight” rating for the company in a research report on Friday. Benchmark reaffirmed a “buy” rating and issued a $520.00 price target on shares of Domino’s Pizza in a research report on Friday. Oppenheimer reissued an “outperform” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research report on Friday. Finally, BTIG Research cut their price objective on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research report on Friday. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $489.55.

Domino’s Pizza Trading Down 0.4 %

DPZ stock opened at $428.08 on Tuesday. Domino’s Pizza, Inc. has a 1-year low of $332.13 and a 1-year high of $542.75. The firm has a market cap of $14.93 billion, a P/E ratio of 27.94, a P/E/G ratio of 2.23 and a beta of 0.86. The business’s 50 day moving average is $421.60 and its 200-day moving average is $468.83.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. Domino’s Pizza’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the company earned $4.18 EPS. Sell-side analysts forecast that Domino’s Pizza, Inc. will post 16.24 EPS for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $1.51 per share. The ex-dividend date is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a yield of 1.41%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 39.43%.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.