Melvin Capital Management Lp buys $98,637,750 stake in Domino's Pizza (DPZ)

Domino's Pizza (DPZ) : Melvin Capital Management Lp scooped up 100,000 additional shares in Domino's Pizza during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 675,000 shares of Domino's Pizza which is valued at $98,637,750.Domino's Pizza makes up approximately 4.19% of Melvin Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Squarepoint Ops added DPZ to its portfolio by purchasing 3,613 company shares during the most recent quarter which is valued at $527,968. Domino's Pizza makes up approx 0.04% of Squarepoint Ops’s portfolio.Nuveen Asset Management reduced its stake in DPZ by selling 42,858 shares or 54.55% in the most recent quarter. The Hedge Fund company now holds 35,714 shares of DPZ which is valued at $5,218,887. Domino's Pizza makes up approx 0.03% of Nuveen Asset Management’s portfolio.Baird Financial Group boosted its stake in DPZ in the latest quarter, The investment management firm added 95,986 additional shares and now holds a total of 367,055 shares of Domino's Pizza which is valued at $53,637,747. Domino's Pizza makes up approx 0.47% of Baird Financial Group’s portfolio.Blackrock Japan Ltd boosted its stake in DPZ in the latest quarter, The investment management firm added 63,786 additional shares and now holds a total of 64,629 shares of Domino's Pizza which is valued at $9,444,236. Domino's Pizza makes up approx 0.03% of Blackrock Japan Ltd’s portfolio.Victory Capital Management Inc boosted its stake in DPZ in the latest quarter, The investment management firm added 279 additional shares and now holds a total of 5,253 shares of Domino's Pizza which is valued at $767,043.

Domino's Pizza closed down -0.56 points or -0.37% at $149.01 with 4,01,671 shares getting traded on Thursday. Post opening the session at $149.17, the shares hit an intraday low of $148.4 and an intraday high of $149.822 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Domino's Pizza reported $0.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.94. The company had revenue of $547.34 million for the quarter, compared to analysts expectations of $532.55 million. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.

Many Wall Street Analysts have commented on Domino's Pizza. Company shares were Reiterated by Maxim Group on Jul 22, 2016 to “Hold”, Firm has raised the Price Target to $ 135 from a previous price target of $127 .Domino's Pizza was Downgraded by Nomura to ” Neutral” on Jun 22, 2016.

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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