December 1, 2016 - By Clifton Ray · 0 Comments
Dominos Pizza Inc (NYSE:DPZ) institutional sentiment decreased to 1.04 in Q2 2016. Its down -0.14, from 1.18 in 2016Q1. The ratio has worsened, as 162 funds increased or started new equity positions, while 137 decreased and sold their holdings in Dominos Pizza Inc. The funds in our partner’s database now hold: 45.28 million shares, down from 47.63 million shares in 2016Q1. Also, the number of funds holding Dominos Pizza Inc in their top 10 equity positions increased from 2 to 5 for an increase of 3. Sold All: 58 Reduced: 79 Increased: 99 New Position: 63.
Domino’s Pizza, Inc. is a pizza restaurant chain. The company has a market cap of $8.12 billion. The Firm operates pizza stores at 12,500 locations in over 80 markets. It has a 41.79 P/E ratio. It operates through three divisions: domestic stores, international franchise and supply chain.
The stock decreased 1.66% or $2.83 during the last trading session, hitting $168.04. Domino’s Pizza, Inc. (NYSE:DPZ) has risen 39.49% since April 28, 2016 and is uptrending. It has outperformed by 33.56% the S&P500.
Analysts await Domino’s Pizza, Inc. (NYSE:DPZ) to report earnings on February, 23. They expect $1.43 earnings per share, up 24.35% or $0.28 from last year’s $1.15 per share. DPZ’s profit will be $69.10M for 29.38 P/E if the $1.43 EPS becomes a reality. After $0.96 actual earnings per share reported by Domino’s Pizza, Inc. for the previous quarter, Wall Street now forecasts 48.96% EPS growth.
According to Zacks Investment Research, “Dominos Pizza is the recognized world leader in pizza delivery. Through its primarily franchised system, Domino’s operates franchised and Company-owned stores in the United States and in more than 50 countries.”
Miura Global Management Llc holds 5.64% of its portfolio in Domino’s Pizza, Inc. for 400,000 shares. Melvin Capital Management Lp owns 675,000 shares or 2.85% of their US portfolio. Moreover, Newbrook Capital Advisors Lp has 2.68% invested in the company for 166,809 shares. The Connecticut-based Chilton Investment Co Llc has invested 2.61% in the stock. Lombard Odier Asset Management (Usa) Corp, a New York-based fund reported 135,164 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 5 sales for $7.59 million net activity.
Ratings analysis reveals 40% of Domino’s Pizza’s analysts are positive. Out of 15 Wall Street analysts rating Domino’s Pizza, 6 give it “Buy”, 0 “Sell” rating, while 9 recommend “Hold”. The lowest target is $102 while the high is $1000. The stock’s average target of $321.50 is 91.32% above today’s ($168.04) share price. DPZ was included in 31 notes of analysts from August 28, 2015. The firm has “Buy” rating by Maxim Group given on Thursday, October 29. The rating was maintained by Peel Hunt on Thursday, November 19 with “Add”. The firm earned “Hold” rating on Monday, September 21 by Zacks. The firm has “Buy” rating given on Thursday, February 25 by Maxim Group. Maxim Group maintained Domino’s Pizza, Inc. (NYSE:DPZ) rating on Tuesday, October 4. Maxim Group has “Hold” rating and $158 price target. The rating was maintained by Maxim Group on Friday, January 15 with “Buy”. The stock has “Buy” rating given by Numis Securities on Wednesday, October 14. Evercore initiated Domino’s Pizza, Inc. (NYSE:DPZ) on Tuesday, April 5 with “Hold” rating. The stock has “Hold” rating given by Jefferies on Friday, July 22. The rating was maintained by Citigroup on Monday, October 19 with “Neutral”.
Domino’s Pizza, Inc., incorporated on July 30, 2002, is a pizza restaurant chain. The Firm operates pizza stores at 12,500 locations in over 80 markets. The Firm operates through three divisions: domestic stores, international franchise and supply chain. The Company’s basic menu features pizza products in various sizes and crust types. The Company’s stores also offer oven-baked sandwiches, pasta, boneless chicken and wings, bread side items, desserts and soft drink products. International markets vary toppings by Country and culture, such as squid toppings in Japan or spicy cheese in India, and feature regional specialty items, such as a banana and cinnamon dessert pizza in Brazil.
More recent Domino’s Pizza, Inc. (NYSE:DPZ) news were published by: Forbes.com which released: “Today’s Must-Reads For Entrepreneurs: How Domino’s Pizza Reinvented Itself As …” on November 28, 2016. Also Investorplace.com published the news titled: “Domino’s Pizza, Inc. Is Training Reindeer to Deliver Pizza!” on November 29, 2016. Fool.com‘s news article titled: “Why Domino’s Pizza, Inc. Jumped 11.5% in October” with publication date: November 13, 2016 was also an interesting one.
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By Clifton Ray