Lake Street Financial LLC Has $437,000 Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

Lake Street Financial LLC lessened its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 5.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,785 shares of the restaurant operator’s stock after selling 94 shares during the quarter. Lake Street Financial LLC’s holdings in Domino’s Pizza were worth $437,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Doyle Wealth Management acquired a new position in Domino’s Pizza in the 2nd quarter worth approximately $30,000. NEXT Financial Group Inc boosted its stake in shares of Domino’s Pizza by 85.7% during the 2nd quarter. NEXT Financial Group Inc now owns 130 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 60 shares during the period. Cornerstone Advisors Inc. boosted its stake in shares of Domino’s Pizza by 36.2% during the 2nd quarter. Cornerstone Advisors Inc. now owns 207 shares of the restaurant operator’s stock valued at $58,000 after buying an additional 55 shares during the period. Advisory Services Network LLC boosted its stake in shares of Domino’s Pizza by 791.4% during the 2nd quarter. Advisory Services Network LLC now owns 312 shares of the restaurant operator’s stock valued at $87,000 after buying an additional 277 shares during the period. Finally, Parallax Volatility Advisers L.P. acquired a new stake in shares of Domino’s Pizza during the 2nd quarter valued at $88,000. Institutional investors and hedge funds own 95.57% of the company’s stock.

DPZ has been the topic of a number of recent research reports. Guggenheim raised their price target on shares of Domino’s Pizza from $280.00 to $310.00 and gave the company a “buy” rating in a report on Friday, October 18th. Morgan Stanley set a $287.00 target price on shares of Domino’s Pizza and gave the stock a “buy” rating in a report on Wednesday, October 9th. CL King initiated coverage on shares of Domino’s Pizza in a report on Wednesday, October 23rd. They issued a “neutral” rating on the stock. Deutsche Bank reiterated a “sell” rating and issued a $208.00 target price on shares of Domino’s Pizza in a report on Wednesday, October 30th. Finally, Citigroup dropped their target price on shares of Domino’s Pizza from $286.00 to $285.00 and set a “neutral” rating on the stock in a report on Wednesday, October 16th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $288.68.

Shares of Domino’s Pizza stock traded down $2.02 during trading on Friday, hitting $280.66. 652,038 shares of the company’s stock traded hands, compared to its average volume of 857,578. The company has a market cap of $11.61 billion, a PE ratio of 33.33, a PEG ratio of 1.99 and a beta of 0.48. Domino’s Pizza, Inc. has a twelve month low of $220.90 and a twelve month high of $302.05. The firm’s fifty day moving average price is $256.12 and its 200 day moving average price is $261.28.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings results 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 firm 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%. Domino’s Pizza’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.95 earnings per share. As a group, research analysts predict that Domino’s Pizza, Inc. will post 9.4 EPS for the current year.

Domino’s Pizza Profile

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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