Ethos Financial Group LLC Purchases 196 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Ethos Financial Group LLC raised its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 34.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 765 shares of the restaurant operator’s stock after acquiring an additional 196 shares during the quarter. Ethos Financial Group LLC’s holdings in Domino’s Pizza were worth $315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC increased its holdings in shares of Domino’s Pizza by 37.1% during the third quarter. Commonwealth Equity Services LLC now owns 7,462 shares of the restaurant operator’s stock valued at $2,827,000 after acquiring an additional 2,020 shares in the last quarter. Raymond James & Associates lifted its stake in shares of Domino’s Pizza by 0.5% during the third quarter. Raymond James & Associates now owns 49,807 shares of the restaurant operator’s stock worth $18,866,000 after buying an additional 241 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Domino’s Pizza by 9.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,794 shares of the restaurant operator’s stock valued at $2,573,000 after buying an additional 574 shares during the last quarter. Mackenzie Financial Corp increased its position in shares of Domino’s Pizza by 16.1% in the 3rd quarter. Mackenzie Financial Corp now owns 6,306 shares of the restaurant operator’s stock valued at $2,297,000 after acquiring an additional 875 shares during the period. Finally, IFM Investors Pty Ltd raised its stake in Domino’s Pizza by 5.5% in the 3rd quarter. IFM Investors Pty Ltd now owns 7,056 shares of the restaurant operator’s stock worth $2,673,000 after acquiring an additional 371 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DPZ. TD Cowen restated a “buy” rating and issued a $550.00 price objective on shares of Domino’s Pizza in a research note on Monday, April 29th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Domino’s Pizza from $555.00 to $580.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Stifel Nicolaus boosted their target price on shares of Domino’s Pizza from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Wedbush reaffirmed an “outperform” rating and set a $520.00 price target on shares of Domino’s Pizza in a research report on Friday, April 26th. Finally, Citigroup boosted their price objective on Domino’s Pizza from $505.00 to $530.00 and gave the company a “neutral” rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $516.19.

Insiders Place Their Bets

In other news, EVP Cynthia A. Headen sold 745 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $530.30, for a total value of $395,073.50. Following the completion of the sale, the executive vice president now directly owns 3,910 shares in the company, valued at $2,073,473. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Domino’s Pizza news, EVP Cynthia A. Headen sold 108 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $495.08, for a total value of $53,468.64. Following the transaction, the executive vice president now directly owns 3,910 shares in the company, valued at approximately $1,935,762.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Cynthia A. Headen sold 745 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $530.30, for a total transaction of $395,073.50. Following the sale, the executive vice president now owns 3,910 shares of the company’s stock, valued at approximately $2,073,473. The disclosure for this sale can be found here. Insiders have sold 13,401 shares of company stock valued at $6,995,948 in the last ninety days. 0.81% of the stock is currently owned by corporate insiders.

Domino’s Pizza Stock Up 0.1 %

Shares of Domino’s Pizza stock traded up $0.59 during mid-day trading on Thursday, reaching $517.26. 243,770 shares of the stock traded hands, compared to its average volume of 586,153. The business has a 50-day moving average of $482.14 and a 200 day moving average of $429.19. The stock has a market capitalization of $18.04 billion, a PE ratio of 33.76, a PEG ratio of 2.57 and a beta of 0.83. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last announced its earnings results on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.46 by $0.12. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Domino’s Pizza had a net margin of 11.90% and a negative return on equity of 13.19%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.93 EPS. On average, equities research analysts expect that Domino’s Pizza, Inc. will post 16 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $6.04 dividend on an annualized basis and a yield of 1.17%. Domino’s Pizza’s payout ratio is 39.43%.

About Domino’s Pizza

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