Veriti Management LLC Has $527,000 Stake in Domino’s Pizza, Inc. (NYSE:DPZ)



Veriti Management LLC grew its holdings in Domino’s Pizza, Inc. (NYSE:DPZ – Get Rating) by 57.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,294 shares of the restaurant operator’s stock after purchasing an additional 472 shares during the quarter. Veriti Management LLC’s holdings in Domino’s Pizza were worth $527,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of DPZ. Allworth Financial LP grew its position in shares of Domino’s Pizza by 512.5% ​​in the fourth quarter. Allworth Financial LP now owns 49 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 41 during the last quarter. Bellwether Advisors LLC grew its position in shares of Domino’s Pizza by 1,016.7% in the fourth quarter. Bellwether Advisors LLC now owns 67 shares of the restaurant operator’s stock valued at $37,000 after purchasing an additional 61 during the last quarter. Vigilant Capital Management LLC acquired a new stake in shares of Domino’s Pizza in the first quarter valued at about $47,000. Sageworth Trust Co of South Dakota acquired a new stake in shares of Domino’s Pizza in the fourth quarter valued at about $71,000. Finally, UMB Bank NA MO acquired a new stake in shares of Domino’s Pizza in the fourth quarter valued at about $80,000. 92.84% of the stock is currently owned by institutional investors.

NYSE:DPZ opened at $396.54 on Friday. The stock has a market capitalization of $14.29 billion, a P/E ratio of 30.39, a price-to-earnings-growth ratio of 2.64 and a beta of 0.70. The firm has a 50 day moving average of $363.62 and a 200-day moving average of $420.75. Domino’s Pizza, Inc. has a 1 year low of $321.15 and a 1 year high of $567.57.

Domino’s Pizza (NYSE:DPZ – Get Rating) last issued its quarterly earnings results on Thursday, April 28th. The restaurant operator reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $3.07 by ($0.57). The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.03 billion. Domino’s Pizza had a net margin of 11.03% and a negative return on equity of 11.66%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the business earned $3.00 EPS. On average, analysts anticipate that Domino’s Pizza, Inc. will post 12.68 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 15th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Tuesday, June 14th. Domino’s Pizza’s dividend payout ratio is currently 33.72%.

In related news, EVP Cynthia A. Headen sold 137 shares of the firm’s stock in a transaction that occurred on Monday, April 4th. The shares were sold at an average price of $397.00, for a total value of $54,389.00. Following the completion of the sale, the executive vice president now owns 3,362 shares of the company’s stock, valued at $1,334,714. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.12% of the company’s stock.

Several research firms recently weighed in on DPZ. Morgan Stanley reduced their target price on shares of Domino’s Pizza from $460.00 to $433.00 and set an “equal weight” rating for the company in a research note on Thursday, April 14th. Bank of America reduced their target price on shares of Domino’s Pizza from $642.00 to $550.00 and set a “buy” rating for the company in a research note on Wednesday, March 2nd. Credit Suisse Group reduced their target price on shares of Domino’s Pizza from $475.00 to $400.00 in a research note on Friday, April 29th. Oppenheimer reduced their target price on shares of Domino’s Pizza from $510.00 to $435.00 in a research note on Friday, April 29th. Finally, StockNews.com began coverage on shares of Domino’s Pizza in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Twenty-one investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $438.54.

Domino’s Pizza Company Profile (Get Rating)

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

See Also

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



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