OMERS ADMINISTRATION Corp Has $1.62 Million Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

OMERS ADMINISTRATION Corp trimmed its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 26.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,858 shares of the restaurant operator’s stock after selling 1,354 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Domino’s Pizza were worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DPZ. Sherman Asset Management Inc. acquired a new position in Domino’s Pizza in the fourth quarter valued at about $25,000. Brown Brothers Harriman & Co. grew its stake in Domino’s Pizza by 1,016.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 67 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares during the period. Covestor Ltd grew its stake in Domino’s Pizza by 158.1% in the fourth quarter. Covestor Ltd now owns 80 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 49 shares during the period. EverSource Wealth Advisors LLC grew its stake in Domino’s Pizza by 40.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 26 shares during the period. Finally, Lee Danner & Bass Inc. acquired a new position in Domino’s Pizza in the fourth quarter valued at about $42,000. 94.63% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 2,104 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now owns 5,699 shares in the company, valued at approximately $2,486,359.72. This trade represents a 26.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total value of $2,366,792.00. Following the transaction, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. This trade represents a 87.23% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,996 shares of company stock worth $3,946,461. Company insiders own 0.83% of the company’s stock.

Domino’s Pizza Stock Up 0.6%

DPZ opened at $485.91 on Friday. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $538.44. The stock has a market cap of $16.64 billion, a price-to-earnings ratio of 29.85, a PEG ratio of 2.47 and a beta of 1.15. The business has a 50 day moving average of $465.53 and a 200-day moving average of $453.74.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the firm posted $3.58 earnings per share. The business’s revenue was up 2.5% on a year-over-year basis. As a group, analysts expect that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.43%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 39.91%.

Wall Street Analyst Weigh In

DPZ has been the subject of a number of research analyst reports. TD Securities reissued a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Monday, April 28th. Citigroup upped their price objective on Domino’s Pizza from $480.00 to $500.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 29th. Morgan Stanley upped their price objective on Domino’s Pizza from $492.00 to $510.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 29th. Wedbush reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Finally, BTIG Research set a $530.00 price objective on Domino’s Pizza and gave the stock a “buy” rating in a research report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average target price of $498.50.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.