What Next for Domino’s Pizza, Inc. Stock After Today’s Bullish Options Activity?

 What Next for Domino's Pizza, Inc. Stock After Today's Bullish Options Activity?

In today’s session Domino’s Pizza, Inc. (DPZ) registered an unusually high (823) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious DPZ increase. With 823 contracts traded and 4694 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: DPZ161118C00170000 closed last at: $1.6 or 28.9% down. About 224 shares traded hands. Domino’s Pizza, Inc. (NYSE:DPZ) has risen 26.03% since April 5, 2016 and is uptrending. It has outperformed by 24.07% the S&P500.

Domino’s Pizza, Inc. (NYSE:DPZ) Ratings Coverage

Out of 15 analysts covering Domino’s Pizza (NYSE:DPZ), 6 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 40% are positive. $1000 is the highest target while $102 is the lowest. The $321.50 average target is 91.23% above today’s ($168.12) stock price. Domino’s Pizza has been the topic of 31 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Thursday, October 1 by Nomura. As per Monday, October 19, the company rating was maintained by Citigroup. The stock has “Neutral” rating given by Citigroup on Tuesday, September 13. The company was maintained on Wednesday, October 14 by Numis Securities. Maxim Group maintained the stock with “Buy” rating in Monday, October 12 report. The firm has “Buy” rating given on Friday, October 14 by Bank of America. Numis Securities maintained it with “Buy” rating and $1000 target price in Tuesday, October 6 report. The stock of Domino’s Pizza, Inc. (NYSE:DPZ) earned “Neutral” rating by Nomura on Wednesday, October 19. Maxim Group maintained the stock with “Hold” rating in Friday, July 22 report. Maxim Group maintained the stock with “Buy” rating in Thursday, October 29 report.

According to Zacks Investment Research, “Dominos Pizza is the recognized world leader in pizza delivery. Through its primarily franchised system, Domino’s operates franchised and Company-owned stores in the United States and in more than 50 countries.”

Insitutional Activity: The institutional sentiment increased to 1.18 in Q2 2016. Its up 0.11, from 1.07 in 2016Q1. The ratio is positive, as 58 funds sold all Domino’s Pizza, Inc. shares owned while 79 reduced positions. 63 funds bought stakes while 99 increased positions. They now own 45.28 million shares or 4.94% less from 47.63 million shares in 2016Q1.
Mycio Wealth Prtnrs Ltd Limited Liability Company last reported 7,864 shares in the company. Macquarie has invested 0% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ). Dixon Hubard Feinour And Brown Va accumulated 1.68% or 40,040 shares. Retail Bank Of America Corporation De has 0% invested in the company for 137,883 shares. Cantab Capital Prtnrs Limited Liability Partnership holds 0% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ) for 5,869 shares. Fmr Limited Liability holds 5.72M shares or 0.1% of its portfolio. Gateway Inv Advisers Limited Liability Co last reported 0.1% of its portfolio in the stock. Rothschild Asset Management Inc holds 0.01% or 3,050 shares in its portfolio. Kbc Gru Nv holds 0.03% or 16,249 shares in its portfolio. Ameriprise Finance has 0.02% invested in the company for 231,414 shares. Moreover, Nomura Asset Mgmt has 0.01% invested in Domino’s Pizza, Inc. (NYSE:DPZ) for 5,380 shares. Ubs Oconnor Ltd Liability Company accumulated 12,236 shares or 0% of the stock. Cwm Ltd Limited Liability Company has invested 0% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ). Airain Limited holds 0.31% of its portfolio in Domino’s Pizza, Inc. (NYSE:DPZ) for 40,728 shares. Dorsey Wright & Assoc owns 5,571 shares or 0.39% of their US portfolio.

Insider Transactions: Since July 25, 2016, the stock had 0 insider purchases, and 5 selling transactions for $7.59 million net activity. On Monday, July 25 GOLDMAN JAMES A sold $457,011 worth of the stock or 3,095 shares. Hamilton Vernon O had sold 4,000 shares worth $661,136 on Friday, October 21. $3.30M worth of Domino’s Pizza, Inc. (NYSE:DPZ) was sold by ALLISON RICHARD E JR on Thursday, October 20.

Domino’s Pizza, Inc. is a pizza restaurant chain. The company has a market cap of $8.07 billion. The Firm operates pizza stores at 12,500 locations in over 80 markets. It has a 41.81 P/E ratio. It operates through three divisions: domestic stores, international franchise and supply chain.

DPZ Company Profile

Domino’s Pizza, Inc., incorporated on July 30, 2002, is a pizza restaurant chain. The Firm operates pizza stores at 12,500 locations in over 80 markets. The Firm operates through three divisions: domestic stores, international franchise and supply chain. The Company’s basic menu features pizza products in various sizes and crust types. The Company’s stores also offer oven-baked sandwiches, pasta, boneless chicken and wings, bread side items, desserts and soft drink products. International markets vary toppings by Country and culture, such as squid toppings in Japan or spicy cheese in India, and feature regional specialty items, such as a banana and cinnamon dessert pizza in Brazil.

More important recent Domino’s Pizza, Inc. (NYSE:DPZ) news were published by: Prnewswire.com which released: “Domino’s Pizza® Announces Third Quarter 2016 Financial Results” on October 18, 2016, also Seekingalpha.com published article titled: “Is Domino’s Pizza In Danger Of Crashing?”, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: Domino’s Pizza, Level 3, Noble Energy …” on October 14, 2016. More interesting news about Domino’s Pizza, Inc. (NYSE:DPZ) was released by: Benzinga.com and their article: “Fast Money Halftime Report Traders Share Their Opinions About Domino’s …” with publication date: October 15, 2016.

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