Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Macquarie Group Ltd.

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Macquarie Group Ltd. lowered its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 85.4% in the second quarter, HoldingsChannel reports. The fund owned 9,838 shares of the restaurant operator’s stock after selling 57,378 shares during the quarter. Macquarie Group Ltd.’s holdings in Domino’s Pizza were worth $2,737,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of DPZ. Wells Fargo & Company MN raised its position in shares of Domino’s Pizza by 78.1% in the second quarter. Wells Fargo & Company MN now owns 858,292 shares of the restaurant operator’s stock worth $238,845,000 after acquiring an additional 376,248 shares during the period. Invesco Ltd. raised its position in shares of Domino’s Pizza by 78.0% in the second quarter. Invesco Ltd. now owns 727,307 shares of the restaurant operator’s stock worth $202,395,000 after acquiring an additional 318,789 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Domino’s Pizza by 47.7% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 931,724 shares of the restaurant operator’s stock worth $259,280,000 after purchasing an additional 300,755 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of Domino’s Pizza by 206.0% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 391,090 shares of the restaurant operator’s stock worth $108,833,000 after purchasing an additional 263,278 shares during the last quarter. Finally, Nuveen Asset Management LLC acquired a new position in shares of Domino’s Pizza during the 2nd quarter worth about $55,429,000. Institutional investors and hedge funds own 94.96% of the company’s stock.

Several research firms recently weighed in on DPZ. Deutsche Bank set a $208.00 price target on shares of Domino’s Pizza and gave the stock a “sell” rating in a research report on Monday, September 9th. Credit Suisse Group reduced their price target on shares of Domino’s Pizza from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Guggenheim reduced their price target on shares of Domino’s Pizza from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Morgan Stanley set a $287.00 price target on shares of Domino’s Pizza and gave the stock a “buy” rating in a research report on Wednesday. Finally, Bank of America set a $295.00 price target on shares of Domino’s Pizza and gave the stock a “buy” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $287.00.

DPZ stock opened at $257.79 on Friday. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 30.62, a PEG ratio of 1.80 and a beta of 0.50. Domino’s Pizza, Inc. has a 12 month low of $220.90 and a 12 month high of $302.05. The firm has a 50-day moving average of $239.53 and a two-hundred day moving average of $259.79.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Tuesday, October 8th. The restaurant operator reported $2.05 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.01). The business had revenue of $820.81 million during the quarter, compared to analyst estimates of $827.23 million. Domino’s Pizza had a net margin of 10.79% and a negative return on equity of 12.92%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.95 EPS. As a group, analysts anticipate that Domino’s Pizza, Inc. will post 9.41 earnings per share for the current year.

About Domino’s Pizza

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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