Tocqueville Asset Management L.P. Has $591,000 Stock Position in Domino’s Pizza, Inc. (NYSE:DPZ)

Tocqueville Asset Management L.P. lifted its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 157.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,125 shares of the restaurant operator’s stock after purchasing an additional 1,300 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Domino’s Pizza were worth $591,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. William Blair Investment Management LLC grew its holdings in shares of Domino’s Pizza by 21.4% during the 1st quarter. William Blair Investment Management LLC now owns 911,602 shares of the restaurant operator’s stock worth $235,284,000 after purchasing an additional 161,000 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Domino’s Pizza by 375.3% during the 1st quarter. Principal Financial Group Inc. now owns 873,859 shares of the restaurant operator’s stock worth $225,544,000 after purchasing an additional 690,006 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Domino’s Pizza by 3.0% during the 2nd quarter. Fisher Asset Management LLC now owns 811,558 shares of the restaurant operator’s stock worth $225,840,000 after purchasing an additional 23,385 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Domino’s Pizza by 264.0% during the 1st quarter. Wells Fargo & Company MN now owns 482,044 shares of the restaurant operator’s stock worth $124,415,000 after purchasing an additional 349,600 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Domino’s Pizza by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 417,832 shares of the restaurant operator’s stock worth $103,553,000 after purchasing an additional 27,160 shares in the last quarter. 97.17% of the stock is currently owned by institutional investors.

Domino’s Pizza stock opened at $234.77 on Friday. The company has a market capitalization of $9.60 billion, a PE ratio of 27.88, a P/E/G ratio of 1.73 and a beta of 0.46. Domino’s Pizza, Inc. has a 12 month low of $231.28 and a 12 month high of $305.34. The stock has a 50-day moving average price of $260.48 and a two-hundred day moving average price of $266.72.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, July 16th. The restaurant operator reported $2.19 EPS for the quarter, beating the consensus estimate of $2.00 by $0.19. The firm had revenue of $811.65 million during the quarter, compared to the consensus estimate of $834.87 million. Domino’s Pizza had a negative return on equity of 12.81% and a net margin of 10.83%. The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the company earned $1.84 earnings per share. On average, equities research analysts forecast that Domino’s Pizza, Inc. will post 9.43 EPS for the current year.

Several analysts have recently issued reports on DPZ shares. MKM Partners began coverage on Domino’s Pizza in a report on Tuesday. They set a “neutral” rating and a $265.00 target price on the stock. Citigroup raised their price objective on Domino’s Pizza from $282.00 to $298.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. Maxim Group reaffirmed a “buy” rating and issued a $300.00 price objective (down from $315.00) on shares of Domino’s Pizza in a research note on Wednesday, July 17th. Oppenheimer reduced their price objective on Domino’s Pizza from $310.00 to $295.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 17th. Finally, Morgan Stanley reduced their price objective on Domino’s Pizza from $305.00 to $287.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $292.65.

Domino’s Pizza Company 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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