OMERS ADMINISTRATION Corp Has $1.77 Million Stake in Domino’s Pizza Inc $DPZ

OMERS ADMINISTRATION Corp raised its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 238.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,937 shares of the restaurant operator’s stock after acquiring an additional 3,479 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Domino’s Pizza were worth $1,771,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Domino’s Pizza by 21,977.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock worth $381,254,000 after acquiring an additional 910,529 shares in the last quarter. Norges Bank acquired a new stake in Domino’s Pizza during the fourth quarter worth approximately $285,116,000. Arrowstreet Capital Limited Partnership grew its stake in Domino’s Pizza by 247.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock worth $189,171,000 after purchasing an additional 375,709 shares during the period. Berkshire Hathaway Inc increased its holdings in Domino’s Pizza by 12.3% in the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock worth $1,396,347,000 after purchasing an additional 368,055 shares in the last quarter. Finally, London Co. of Virginia bought a new stake in Domino’s Pizza in the first quarter worth approximately $129,253,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DPZ. Stifel Nicolaus set a $400.00 price target on Domino’s Pizza in a report on Monday, April 27th. UBS Group reiterated a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Jefferies Financial Group reduced their price target on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a report on Tuesday, April 28th. Finally, Evercore reaffirmed an “outperform” rating on shares of Domino’s Pizza in a research note on Thursday, July 9th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $402.16.

Insiders Place Their Bets

In other news, EVP Kelly E. Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the transaction, the executive vice president directly owned 9,352 shares in the company, valued at $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the sale, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,742 shares of company stock worth $8,041,746 over the last ninety days. Insiders own 0.89% of the company’s stock.

Domino’s Pizza Stock Up 2.7%

NASDAQ DPZ opened at $360.00 on Thursday. Domino’s Pizza Inc has a 52 week low of $282.00 and a 52 week high of $477.00. The business has a 50 day moving average price of $313.14 and a 200-day moving average price of $353.91. The company has a market cap of $11.91 billion, a price-to-earnings ratio of 20.42, a P/E/G ratio of 1.69 and a beta of 0.97.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm had revenue of $1.19 billion during the quarter. During the same quarter in the prior year, the company posted $3.81 EPS. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, equities research analysts anticipate that Domino’s Pizza Inc will post 18.9 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 45.15%.

Domino’s Pizza Profile

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.