Annex Advisory Services LLC Buys Shares of 24,446 Domino’s Pizza, Inc. (NYSE:DPZ)

Annex Advisory Services LLC bought a new position in Domino’s Pizza, Inc. (NYSE:DPZ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,446 shares of the restaurant operator’s stock, valued at approximately $10,515,000. Annex Advisory Services LLC owned about 0.07% of Domino’s Pizza as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in DPZ. Gateway Investment Advisers LLC boosted its holdings in shares of Domino’s Pizza by 8.6% in the third quarter. Gateway Investment Advisers LLC now owns 897 shares of the restaurant operator’s stock worth $386,000 after buying an additional 71 shares during the last quarter. Peak Financial Advisors LLC bought a new position in Domino’s Pizza in the third quarter worth approximately $2,984,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Domino’s Pizza during the 3rd quarter worth $43,000. Capital Insight Partners LLC grew its position in shares of Domino’s Pizza by 26.6% during the 3rd quarter. Capital Insight Partners LLC now owns 1,526 shares of the restaurant operator’s stock valued at $656,000 after acquiring an additional 321 shares during the period. Finally, Brookstone Capital Management increased its stake in shares of Domino’s Pizza by 5.1% in the 3rd quarter. Brookstone Capital Management now owns 5,571 shares of the restaurant operator’s stock worth $2,396,000 after purchasing an additional 269 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Barclays lowered their target price on Domino’s Pizza from $380.00 to $370.00 and set an “underweight” rating on the stock in a research report on Friday. BMO Capital Markets cut their price objective on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday. Stephens reduced their target price on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday. Benchmark reaffirmed a “buy” rating and set a $520.00 price target on shares of Domino’s Pizza in a report on Friday. Finally, Robert W. Baird reduced their price objective on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research note on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $489.55.

Domino’s Pizza Stock Up 5.1 %

DPZ stock opened at $429.67 on Friday. Domino’s Pizza, Inc. has a 52 week low of $332.13 and a 52 week high of $542.75. The firm has a market capitalization of $15.03 billion, a P/E ratio of 26.41, a price-to-earnings-growth ratio of 2.23 and a beta of 0.86. The company has a fifty day simple moving average of $421.63 and a two-hundred day simple moving average of $469.47.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, beating analysts’ consensus estimates of $3.65 by $0.54. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm earned $4.18 EPS. As a group, analysts anticipate that Domino’s Pizza, Inc. will post 16.24 EPS for the current year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s dividend payout ratio is currently 37.12%.

Domino’s Pizza Company Profile

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.