Domino’s Pizza Inc (NYSE:DPZ).
Fisher Asset Management, LLC reports that it lowered its position in Domino’s Pizza Inc stock by 228,247 shares in the last quarter. Its investment stood at $248,494,000 a decrease of $10,078,000 as of the end of the quarter.
Here are a few other firms who have updated their positions. As of quarter end Gateway Investment Advisers LLC had disposed of a total of 12,860 shares trimming its holdings by 21.5%. The value of the total investment in Domino’s Pizza Inc went from $11,011,000 to $9,918,000 a change of $1,093,000 quarter to quarter. As of the end of the quarter Clinton Group Inc had bought 19,391 shares growing its stake by 250.3%. The value of the investment in DPZ increased from $1,234,000 to $5,001,000 a change of 305.3% for the reporting period.
As of the end of the quarter Creative Planning had acquired a total of 4,809 shares growing its position 418.5%. The value of the investment in Domino’s Pizza Inc increased from $212,000 to $1,260,000 increasing 494.3% quarter over quarter.
On June 9, 2017 the stock rating was set at “Neutral” by Longbow Research which is down from the previous “Buy” rating. On May 23 analysts at Wells Fargo initiated coverage by announcing an initial rating of “Market Perform”.
On October 19 Nomura made no change to the company rating of “Neutral” but moved up the price target to $152.00 from $148.00. October 19 investment analysts at BTIG Research held the company rating at “Neutral” and raised the price expectation from $139.00 to $148.00.
On October 14 the company was upgraded to “Buy” from “Underperform” by analysts at Bank of America. On September 13 Citigroup left the company rating at “Neutral” but raised the price target to $159.00 from $109.00.
The company is so far trading up by 0.67% since yesterday’s close of $212.11. Domino’s Pizza Inc also recently announced a dividend paid on Friday the 30th of June 2017. The dividend was $0.460 per share for the quarter which is $1.84 annualized. This dividend represents a yeild of $0.87 which is the dividend as a percentage of the current share price. The ex-dividend date was Tuesday the 13th of June 2017.
The stock last traded at $213.54 barely above $208.49, the 50 day moving average and which is marginally higher than the 200 day moving average of $185.44. The 50 day moving average went up $5.05 or +2.42% whereas the 200 day moving average was up $28.10 or +15.16%.
The company currently has a P/E ratio of 45.66 and the market cap of the company is 10.27B. As of the latest earnings report the EPS was $4.68 and is projected to be $5.45 for the current year with 48,090,000 shares outstanding. Next quarter’s EPS is forecasted to be $1.17 with next year’s EPS projected to be $6.49.Advertisement