SeaTown Holdings Pte. Ltd. Has $5.20 Million Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

SeaTown Holdings Pte. Ltd. decreased its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 70.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 18,700 shares of the restaurant operator’s stock after selling 44,800 shares during the period. SeaTown Holdings Pte. Ltd.’s holdings in Domino’s Pizza were worth $5,204,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. increased its stake in shares of Domino’s Pizza by 375.3% during the first quarter. Principal Financial Group Inc. now owns 873,859 shares of the restaurant operator’s stock worth $225,544,000 after purchasing an additional 690,006 shares during the period. Wells Fargo & Company MN lifted its holdings in Domino’s Pizza by 264.0% during the first quarter. Wells Fargo & Company MN now owns 482,044 shares of the restaurant operator’s stock valued at $124,415,000 after purchasing an additional 349,600 shares in the last quarter. Frontier Capital Management Co. LLC purchased a new position in Domino’s Pizza during the first quarter valued at $43,926,000. William Blair Investment Management LLC lifted its holdings in Domino’s Pizza by 21.4% during the first quarter. William Blair Investment Management LLC now owns 911,602 shares of the restaurant operator’s stock valued at $235,284,000 after purchasing an additional 161,000 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Domino’s Pizza by 186.8% during the first quarter. Victory Capital Management Inc. now owns 217,836 shares of the restaurant operator’s stock valued at $56,223,000 after purchasing an additional 141,879 shares in the last quarter. 97.17% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on the stock. Mizuho dropped their price objective on shares of Domino’s Pizza from $320.00 to $305.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Oppenheimer decreased their price target on shares of Domino’s Pizza from $310.00 to $295.00 and set an “outperform” rating for the company in a research note on Wednesday, July 17th. OTR Global downgraded shares of Domino’s Pizza to a “positive” rating and set a $280.00 price target for the company. in a research note on Wednesday, July 10th. Goldman Sachs Group initiated coverage on shares of Domino’s Pizza in a research note on Monday, July 29th. They issued a “neutral” rating and a $280.00 price target for the company. Finally, MKM Partners initiated coverage on shares of Domino’s Pizza in a research note on Tuesday. They issued a “neutral” rating and a $265.00 price target for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Domino’s Pizza currently has a consensus rating of “Buy” and an average price target of $292.65.

In other news, CEO Richard E. Allison, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $279.19, for a total transaction of $2,791,900.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.62% of the stock is currently owned by insiders.

Shares of NYSE:DPZ traded down $0.17 during trading on Tuesday, hitting $239.84. 27,679 shares of the company were exchanged, compared to its average volume of 1,346,677. The stock has a market capitalization of $10.22 billion, a PE ratio of 28.52, a P/E/G ratio of 1.78 and a beta of 0.46. Domino’s Pizza, Inc. has a 12-month low of $231.28 and a 12-month high of $305.34. The company has a 50 day moving average of $262.73.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Tuesday, July 16th. The restaurant operator reported $2.19 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.19. The business 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 was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.84 EPS. On average, analysts predict that Domino’s Pizza, Inc. will post 9.43 earnings per share for the current fiscal year.

Domino’s Pizza Company 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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