Investors Buy Domino's Pizza (DPZ) on Weakness

KBC Group NV now owns 8,382 shares of the restaurant operator's stock valued at $1,773,000 after buying an additional 2,048 shares during the last quarter.

More important recent Domino's Pizza, Inc. Toronto Dominion Bank raised its holdings in shares of Domino's Pizza by 12.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 615,384 shares of the restaurant operator's stock worth $130,174,000 after buying an additional 12,025 shares in the last quarter. Strs Ohio now owns 30,652 shares of the restaurant operator's stock valued at $6,085,000 after buying an additional 30,000 shares during the last quarter. Swiss National Bank increased its holdings in Domino's Pizza by 2.9% in the 2nd quarter. Swiss National Bank now owns 175,200 shares of the restaurant operator's stock valued at $37,060,000 after acquiring an additional 4,900 shares during the last quarter.

Focusing on shares of Domino's Pizza Group Plc (DOM.L), we have noted that the Percentage Price Oscillator Histogram line is now below zero. Sigma Planning Corp now owns 1,281 shares of the restaurant operator's stock worth $271,000 after acquiring an additional 100 shares in the last quarter. Finally, Chicago Equity Partners LLC increased its holdings in Domino's Pizza by 572.2% in the 2nd quarter. The firm owned 98,700 shares of the restaurant operator's stock after selling 4,300 shares during the quarter. Hedge funds and other institutional investors own 94.20% of the company's stock.

A number of equities analysts have commented on the stock. Finally, Canaccord Genuity dropped their target price on Domino's Pizza Group PLC. from GBX 440 ($5.69) to GBX 400 ($5.17) and set a "buy" rating on the stock in a report on Friday, March 10th. Peel Hunt lowered Domino's Pizza Group PLC.to an "add" rating and set a GBX 430 ($5.56) target price on the stock.in a report on Wednesday, March 1st. Guggenheim reiterated a "buy" rating and issued a $230.00 price objective on shares of Domino's Pizza in a report on Friday, October 13th. Domino's Pizza now has a consensus rating of "Hold" and a consensus price target of $207.68. On Thursday, October 1 the stock rating was initiated by Nomura with "Buy". (NYSE:DPZ). Weiss Multi holds 0.04% of its portfolio in Domino's Pizza, Inc.

In related news, insider Russell J. Weiner sold 7,276 shares of the business's stock in a transaction that occurred on Tuesday, October 17th. The stock was sold at an average price of $195.00, for a total transaction of $1,418,820.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The firm offers pizzas under the DominoÂ's Pizza brand name through company-owned and franchised DominoÂ's Pizza stores.

Shares of Domino's Pizza Inc (NYSE:DPZ) opened at $181.17 on Thursday. 918,667 shares of the company were exchanged, compared to its average volume of 940,543. The company has a debt-to-equity ratio of -1.13, a quick ratio of 1.39 and a current ratio of 1.49. Domino's Pizza Inc has a 52-week low of $156.26 and a 52-week high of $221.58. The company has a market capitalization of $8,112.68, a price-to-earnings ratio of 34.80, a PEG ratio of 1.91 and a beta of 0.37. Domino's Pizza, Inc. (NYSE:DPZ) has risen 62.06% since December 7, 2016 and is uptrending. The restaurant operator reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.22 by $0.05. The company had revenue of $643.60 million during the quarter, compared to the consensus estimate of $627.85 million.

TRADEMARK VIOLATION NOTICE: "Legal & General Group Plc Purchases 157,874 Shares of Domino's Pizza Inc (DPZ)" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. Stockholders of record on Friday, December 15th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Thursday, December 14th. Domino's Pizza Inc (DPZ)'s Williams %R presently stands at -3.80. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and worldwide copyright legislation. The correct version of this article can be viewed at https://weekherald.com/2017/12/07/investors-buy-dominos-pizza-dpz-on-weakness.html. At the time of writing, the 14-day ADX for Domino's Pizza Group Plc (DOM.L) is noted at 17.84. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, worldwide franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.