SG Americas Securities LLC Grows Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

SG Americas Securities LLC lifted its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 92.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,737 shares of the restaurant operator’s stock after buying an additional 6,582 shares during the period. SG Americas Securities LLC’s holdings in Domino’s Pizza were worth $3,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in DPZ. Osborn Williams & Donohoe LLC raised its holdings in Domino’s Pizza by 3,071.4% in the 2nd quarter. Osborn Williams & Donohoe LLC now owns 1,110 shares of the restaurant operator’s stock worth $309,000 after purchasing an additional 1,075 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in Domino’s Pizza by 2.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 11,790 shares of the restaurant operator’s stock worth $3,280,000 after purchasing an additional 280 shares during the period. Quantitative Systematic Strategies LLC bought a new position in Domino’s Pizza in the 2nd quarter worth $204,000. Strs Ohio raised its holdings in Domino’s Pizza by 1.2% in the 2nd quarter. Strs Ohio now owns 107,936 shares of the restaurant operator’s stock worth $30,036,000 after purchasing an additional 1,239 shares during the period. Finally, Arizona State Retirement System raised its holdings in Domino’s Pizza by 15.1% in the 2nd quarter. Arizona State Retirement System now owns 33,932 shares of the restaurant operator’s stock worth $9,443,000 after purchasing an additional 4,462 shares during the period. Hedge funds and other institutional investors own 97.17% of the company’s stock.

In other news, CEO Richard E. Allison, Jr. sold 10,000 shares of Domino’s Pizza stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $279.19, for a total value of $2,791,900.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.62% of the company’s stock.

Shares of DPZ stock traded up $0.86 during trading hours on Tuesday, hitting $240.87. The stock had a trading volume of 9,178 shares, compared to its average volume of 1,346,677. Domino’s Pizza, Inc. has a one year low of $231.28 and a one year high of $305.34. The business has a 50-day simple moving average of $262.73. The stock has a market capitalization of $10.22 billion, a PE ratio of 28.72, a price-to-earnings-growth ratio of 1.78 and a beta of 0.46.

Domino’s Pizza (NYSE:DPZ) last issued its earnings results on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.00 by $0.19. Domino’s Pizza had a negative return on equity of 12.81% and a net margin of 10.83%. The firm had revenue of $811.65 million for the quarter, compared to analysts’ expectations of $834.87 million. During the same period in the previous year, the firm posted $1.84 earnings per share. The business’s revenue was up 4.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Domino’s Pizza, Inc. will post 9.43 earnings per share for the current fiscal year.

A number of equities analysts recently commented on DPZ shares. Stephens decreased their target price on Domino’s Pizza from $325.00 to $300.00 and set an “overweight” rating on the stock in a report on Wednesday, July 17th. Credit Suisse Group decreased their price target on Domino’s Pizza from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. Argus decreased their price target on Domino’s Pizza from $310.00 to $280.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Citigroup raised their price target on Domino’s Pizza from $282.00 to $298.00 and gave the company a “neutral” rating in a report on Thursday, June 6th. Finally, Cowen decreased their price target on Domino’s Pizza from $330.00 to $290.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $292.65.

Domino’s Pizza Profile

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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