NN Investment Partners Holdings N.V. Has $3.85 Million Position in Domino’s Pizza Inc (NYSE:DPZ)

NN Investment Partners Holdings N.V. boosted its position in Domino’s Pizza Inc (NYSE:DPZ) by 12.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,192 shares of the restaurant operator’s stock after buying an additional 2,014 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Domino’s Pizza were worth $3,848,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. MCF Advisors LLC boosted its position in Domino’s Pizza by 0.5% in the first quarter. MCF Advisors LLC now owns 879 shares of the restaurant operator’s stock worth $162,000 after buying an additional 4 shares during the period. M Holdings Securities Inc. boosted its position in Domino’s Pizza by 0.6% in the first quarter. M Holdings Securities Inc. now owns 3,263 shares of the restaurant operator’s stock worth $601,000 after buying an additional 19 shares during the period. Tyers Asset Management LLC boosted its position in Domino’s Pizza by 2.7% in the first quarter. Tyers Asset Management LLC now owns 1,840 shares of the restaurant operator’s stock worth $339,000 after buying an additional 48 shares during the period. Elkfork Partners LLC boosted its position in Domino’s Pizza by 2.7% in the first quarter. Elkfork Partners LLC now owns 2,530 shares of the restaurant operator’s stock worth $466,000 after buying an additional 66 shares during the period. Finally, LS Investment Advisors LLC boosted its position in Domino’s Pizza by 1.6% in the first quarter. LS Investment Advisors LLC now owns 4,777 shares of the restaurant operator’s stock worth $880,000 after buying an additional 76 shares during the period. 98.55% of the stock is currently owned by institutional investors and hedge funds.

Shares of Domino’s Pizza Inc (NYSE:DPZ) traded up 0.17% during trading on Friday, hitting $192.86. 756,034 shares of the stock traded hands. The firm has a 50-day moving average of $204.27 and a 200-day moving average of $193.16. The firm has a market capitalization of $9.31 billion, a price-to-earnings ratio of 38.33 and a beta of 0.35. Domino’s Pizza Inc has a 1-year low of $143.47 and a 1-year high of $221.58.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Tuesday, July 25th. The restaurant operator reported $1.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.09. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The company had revenue of $628.61 million during the quarter, compared to analysts’ expectations of $609.87 million. During the same period in the prior year, the company posted $0.98 earnings per share. Domino’s Pizza’s revenue for the quarter was up 14.8% compared to the same quarter last year. On average, equities analysts forecast that Domino’s Pizza Inc will post $5.70 earnings per share for the current year.

Domino’s Pizza announced that its board has authorized a stock buyback program on Wednesday, August 2nd that permits the company to buyback $1.25 billion in shares. This buyback authorization permits the restaurant operator to repurchase up to 13.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, September 14th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 36.65%.

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Several research analysts recently weighed in on the stock. Guggenheim assumed coverage on shares of Domino’s Pizza in a research report on Friday, April 21st. They issued a “buy” rating and a $192.00 price objective for the company. Longbow Research cut shares of Domino’s Pizza from a “buy” rating to a “neutral” rating in a research report on Friday, June 9th. OTR Global restated a “positive” rating on shares of Domino’s Pizza in a research report on Saturday, April 22nd. BidaskClub upgraded shares of Domino’s Pizza from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 12th. Finally, Stephens restated an “equal weight” rating and issued a $185.00 price objective on shares of Domino’s Pizza in a research report on Friday, April 28th. Eleven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $195.38.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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

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