WJ Financial Advisors LLC Purchases New Shares in Domino’s Pizza Inc $DPZ

WJ Financial Advisors LLC purchased a new position in Domino’s Pizza Inc (NASDAQ:DPZFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,921 shares of the restaurant operator’s stock, valued at approximately $689,000.

Other large investors also recently added to or reduced their stakes in the company. Marshfield Associates boosted its holdings in Domino’s Pizza by 4.0% in the 3rd quarter. Marshfield Associates now owns 744,515 shares of the restaurant operator’s stock worth $321,415,000 after buying an additional 28,765 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in shares of Domino’s Pizza by 55.7% during the fourth quarter. Teacher Retirement System of Texas now owns 45,212 shares of the restaurant operator’s stock valued at $18,845,000 after acquiring an additional 16,179 shares during the last quarter. Amica Mutual Insurance Co. raised its holdings in shares of Domino’s Pizza by 59.8% during the fourth quarter. Amica Mutual Insurance Co. now owns 16,576 shares of the restaurant operator’s stock valued at $6,909,000 after acquiring an additional 6,203 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Domino’s Pizza by 10.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 67,117 shares of the restaurant operator’s stock valued at $28,544,000 after acquiring an additional 6,223 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Domino’s Pizza by 21,977.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after acquiring an additional 910,529 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Price Performance

Shares of Domino’s Pizza stock opened at $309.85 on Tuesday. The stock’s 50 day simple moving average is $309.72 and its 200-day simple moving average is $361.37. The stock has a market cap of $10.31 billion, a P/E ratio of 17.84, a P/E/G ratio of 1.40 and a beta of 0.97. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $496.00.

Domino’s Pizza (NASDAQ:DPZGet Free Report) last posted its quarterly earnings results on Monday, April 27th. The restaurant operator reported $4.13 EPS for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The company had revenue of $1.15 billion during the quarter. During the same period in the previous year, the company posted $4.33 earnings per share. The business’s revenue was up 3.5% on a year-over-year basis. As a group, research analysts expect that Domino’s Pizza Inc will post 18.91 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $1.99 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.6%. Domino’s Pizza’s dividend payout ratio (DPR) is 45.83%.

Insider Activity

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 487 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total value of $144,643.87. Following the completion of the sale, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $2,777,637.52. This trade represents a 4.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders sold 1,950 shares of company stock valued at $611,451. 0.89% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on DPZ. BMO Capital Markets dropped their price target on Domino’s Pizza from $500.00 to $450.00 and set an “outperform” rating for the company in a research report on Tuesday, April 28th. UBS Group decreased their price objective on Domino’s Pizza from $425.00 to $375.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Robert W. Baird lowered their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 23rd. Loop Capital dropped their target price on shares of Domino’s Pizza from $574.00 to $500.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, The Goldman Sachs Group dropped their target price on shares of Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average price target of $402.23.

Get Our Latest Report on DPZ

Domino’s Pizza Profile

(Free Report)

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

See Also

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Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)

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