Northern Trust Corp lifted its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 408,999 shares of the restaurant operator’s stock after buying an additional 4,145 shares during the period. Northern Trust Corp owned approximately 0.99% of Domino’s Pizza worth $113,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. NEXT Financial Group Inc boosted its stake in shares of Domino’s Pizza by 85.7% in the second quarter. NEXT Financial Group Inc now owns 130 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 60 shares during the period. Institutional & Family Asset Management LLC bought a new stake in Domino’s Pizza during the first quarter worth $58,000. Cornerstone Advisors Inc. lifted its stake in Domino’s Pizza by 36.2% during the second quarter. Cornerstone Advisors Inc. now owns 207 shares of the restaurant operator’s stock worth $58,000 after purchasing an additional 55 shares during the last quarter. Advisory Services Network LLC lifted its stake in Domino’s Pizza by 791.4% during the second quarter. Advisory Services Network LLC now owns 312 shares of the restaurant operator’s stock worth $87,000 after purchasing an additional 277 shares during the last quarter. Finally, Resources Investment Advisors LLC. bought a new stake in Domino’s Pizza during the second quarter worth $96,000. Institutional investors and hedge funds own 95.96% of the company’s stock.

Several equities research analysts have weighed in on DPZ shares. Northcoast Research started coverage on Domino’s Pizza in a research note on Wednesday, September 4th. They set a “neutral” rating for the company. Wells Fargo & Co upped their target price on Domino’s Pizza from $257.00 to $267.00 and gave the stock a “market perform” rating in a research note on Monday, July 1st. Stephens cut their target price on Domino’s Pizza from $325.00 to $300.00 and set an “overweight” rating for the company in a research note on Wednesday, July 17th. Mizuho cut their target price on Domino’s Pizza from $320.00 to $305.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Finally, ValuEngine cut Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $287.54.

Shares of NYSE:DPZ traded down $0.49 during trading on Friday, hitting $246.30. 18,122 shares of the company were exchanged, compared to its average volume of 809,321. The business’s 50 day moving average is $239.55 and its 200-day moving average is $260.30. The company has a market capitalization of $10.04 billion, a P/E ratio of 29.26, a price-to-earnings-growth ratio of 1.75 and a beta of 0.48. Domino’s Pizza, Inc. has a 1-year low of $220.90 and a 1-year high of $302.05.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.19. The company had revenue of $811.65 million during the quarter, compared to the consensus estimate of $834.87 million. Domino’s Pizza had a net margin of 10.83% and a negative return on equity of 12.81%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.84 earnings per share. On average, equities research analysts expect that Domino’s Pizza, Inc. will post 9.43 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a $0.65 dividend. The ex-dividend date is Thursday, September 12th. This represents a $2.60 dividend on an annualized basis and a yield of 1.06%. Domino’s Pizza’s payout ratio is 30.88%.

About Domino’s Pizza

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

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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