ICW Investment Advisors LLC Acquires 57 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

ICW Investment Advisors LLC increased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 858 shares of the restaurant operator’s stock after acquiring an additional 57 shares during the period. ICW Investment Advisors LLC’s holdings in Domino’s Pizza were worth $354,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of DPZ. Principal Financial Group Inc. increased its holdings in shares of Domino’s Pizza by 4.2% during the third quarter. Principal Financial Group Inc. now owns 1,704,241 shares of the restaurant operator’s stock valued at $645,549,000 after acquiring an additional 68,317 shares in the last quarter. FMR LLC grew its position in Domino’s Pizza by 16.0% during the 3rd quarter. FMR LLC now owns 1,428,765 shares of the restaurant operator’s stock valued at $541,202,000 after purchasing an additional 197,413 shares during the last quarter. International Assets Investment Management LLC increased its stake in Domino’s Pizza by 39,287.9% during the 4th quarter. International Assets Investment Management LLC now owns 499,438 shares of the restaurant operator’s stock valued at $205,883,000 after purchasing an additional 498,170 shares in the last quarter. Northern Trust Corp increased its stake in Domino’s Pizza by 9.4% during the 3rd quarter. Northern Trust Corp now owns 381,443 shares of the restaurant operator’s stock valued at $144,487,000 after purchasing an additional 32,820 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC raised its holdings in Domino’s Pizza by 4.9% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 300,782 shares of the restaurant operator’s stock worth $113,933,000 after buying an additional 14,013 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ stock opened at $516.42 on Thursday. Domino’s Pizza, Inc. has a fifty-two week low of $285.84 and a fifty-two week high of $542.75. The company has a 50 day moving average price of $471.46 and a 200 day moving average price of $422.01. The stock has a market capitalization of $18.01 billion, a P/E ratio of 33.71, a price-to-earnings-growth ratio of 2.76 and a beta of 0.83.

Domino’s Pizza (NYSE:DPZ) last released its quarterly earnings data on Monday, April 29th. The restaurant operator reported $3.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.46 by $0.12. Domino’s Pizza had a negative return on equity of 13.19% and a net margin of 11.90%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the firm posted $2.93 EPS. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, research analysts forecast that Domino’s Pizza, Inc. will post 15.73 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $1.51 dividend. The ex-dividend date is Friday, June 14th. This represents a $6.04 annualized dividend and a dividend yield of 1.17%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 39.43%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Benchmark increased their price target on shares of Domino’s Pizza from $510.00 to $575.00 and gave the company a “buy” rating in a report on Tuesday. Robert W. Baird lifted their target price on Domino’s Pizza from $510.00 to $530.00 and gave the stock a “neutral” rating in a report on Tuesday. JPMorgan Chase & Co. restated a “neutral” rating and issued a $430.00 price target (up previously from $420.00) on shares of Domino’s Pizza in a research note on Tuesday, February 27th. Sanford C. Bernstein raised Domino’s Pizza from an “underperform” rating to a “market perform” rating and increased their price objective for the company from $330.00 to $370.00 in a research report on Tuesday, January 9th. Finally, Wells Fargo & Company lifted their price objective on Domino’s Pizza from $475.00 to $525.00 and gave the stock an “equal weight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average price target of $516.19.

Insider Activity at Domino’s Pizza

In other news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the sale, the chief executive officer now owns 32,001 shares in the company, valued at $16,844,366.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Russell J. Weiner sold 11,780 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $526.37, for a total transaction of $6,200,638.60. Following the sale, the chief executive officer now directly owns 32,001 shares in the company, valued at approximately $16,844,366.37. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Cynthia A. Headen sold 745 shares of the business’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $530.30, for a total transaction of $395,073.50. Following the completion of the transaction, the executive vice president now owns 3,910 shares in the company, valued at approximately $2,073,473. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,401 shares of company stock valued at $6,995,948. 0.76% of the stock is owned by corporate insiders.

Domino’s Pizza 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.