Sapphire Star Partners Lp buys $427,974 stake in Domino's Pizza (DPZ)

Domino's Pizza (DPZ) : Sapphire Star Partners Lp scooped up 2,601 additional shares in Domino's Pizza during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 2,723 shares of Domino's Pizza which is valued at $427,974.Domino's Pizza makes up approximately 0.52% of Sapphire Star Partners Lp’s portfolio.

Other Hedge Funds, Including , Nuveen Asset Management boosted its stake in DPZ in the latest quarter, The investment management firm added 46,616 additional shares and now holds a total of 82,330 shares of Domino's Pizza which is valued at $12,939,806. Domino's Pizza makes up approx 0.08% of Nuveen Asset Management’s portfolio.Timessquare Capital Management reduced its stake in DPZ by selling 75,850 shares or 11.34% in the most recent quarter. The Hedge Fund company now holds 593,000 shares of DPZ which is valued at $95,538,230. Domino's Pizza makes up approx 0.63% of Timessquare Capital Management’s portfolio.Columbus Circle Investors boosted its stake in DPZ in the latest quarter, The investment management firm added 20,573 additional shares and now holds a total of 77,965 shares of Domino's Pizza which is valued at $12,560,941. Domino's Pizza makes up approx 0.14% of Columbus Circle Investors’s portfolio.Retirement Systems Of Alabama reduced its stake in DPZ by selling 28,965 shares or 20.21% in the most recent quarter. The Hedge Fund company now holds 114,325 shares of DPZ which is valued at $19,064,837. Domino's Pizza makes up approx 0.12% of Retirement Systems Of Alabama’s portfolio.Regentatlantic Capital reduced its stake in DPZ by selling 3,500 shares or 21.41% in the most recent quarter. The Hedge Fund company now holds 12,846 shares of DPZ which is valued at $2,139,244. Domino's Pizza makes up approx 0.22% of Regentatlantic Capital’s portfolio.

Domino's Pizza opened for trading at $162.34 and hit $164.53 on the upside on Monday, eventually ending the session at $164.31, with a gain of 1.70% or 2.74 points. The heightened volatility saw the trading volume jump to 5,13,031 shares. Company has a market cap of $7,900 M.

On the company’s financial health, Domino's Pizza reported $0.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Oct 18, 2016. Analyst had a consensus of $0.90. The company had revenue of $566.70 million for the quarter, compared to analysts expectations of $543.18 million. The company’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Many Wall Street Analysts have commented on Domino's Pizza. Company shares were Reiterated by Maxim Group on Oct 19, 2016 to “Hold”, Firm has raised the Price Target to $ 162 from a previous price target of $158 .BofA/Merrill Upgraded Domino's Pizza on Oct 14, 2016 to ” Buy”, Price Target of the shares are set at $175.Company shares were Reiterated by Maxim Group on Oct 4, 2016 to “Hold”, Firm has raised the Price Target to $ 158 from a previous price target of $135 .

Domino’s Pizza Inc. is a pizza retail chain. The Company operates pizza stores at 11900 locations in over 80 markets. The Company operates in three business segments: domestic stores international franchise and supply chain. The Company’s Domestic Stores segment consists primarily of its franchise operations through which the Company operates network of 4722 franchised stores located in the United States. The Company’s International Franchise segment is comprised of a network of franchised stores in more than 80 international markets. The Company supply chain segment operates 16 regional dough manufacturing and food supply chain centers in the contiguous United States. Its basic menu features pizza products in various sizes and crust types. Its store also offers oven-baked sandwiches pasta boneless chicken and wings bread side items desserts and Coca-Cola soft drink products.

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