Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Sold by Amica Retiree Medical Trust

Amica Retiree Medical Trust trimmed its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 6.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,609 shares of the restaurant operator’s stock after selling 105 shares during the period. Amica Retiree Medical Trust’s holdings in Domino’s Pizza were worth $675,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. UniSuper Management Pty Ltd boosted its position in shares of Domino’s Pizza by 11.1% during the 4th quarter. UniSuper Management Pty Ltd now owns 4,860 shares of the restaurant operator’s stock worth $2,040,000 after purchasing an additional 487 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Domino’s Pizza in the fourth quarter valued at about $487,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Domino’s Pizza by 14.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 55,204 shares of the restaurant operator’s stock worth $24,184,000 after buying an additional 6,902 shares in the last quarter. Korea Investment CORP boosted its holdings in Domino’s Pizza by 502.0% during the fourth quarter. Korea Investment CORP now owns 32,419 shares of the restaurant operator’s stock worth $13,608,000 after buying an additional 27,034 shares in the last quarter. Finally, ICW Investment Advisors LLC grew its position in Domino’s Pizza by 16.3% during the fourth quarter. ICW Investment Advisors LLC now owns 1,261 shares of the restaurant operator’s stock worth $529,000 after buying an additional 177 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DPZ. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research report on Thursday, February 20th. Argus downgraded Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Barclays upped their target price on Domino’s Pizza from $402.00 to $420.00 and gave the company an “underweight” rating in a report on Tuesday, February 25th. Loop Capital cut their price target on Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a research note on Tuesday, February 25th. Finally, Wedbush restated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus target price of $503.41.

Insider Transactions at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 2,104 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $436.28, for a total transaction of $917,933.12. Following the transaction, the executive vice president now directly owns 5,699 shares of the company’s stock, valued at approximately $2,486,359.72. The trade was a 26.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Reddy Sandeep sold 1,077 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $443.20, for a total transaction of $477,326.40. Following the sale, the chief financial officer now directly owns 8,081 shares of the company’s stock, valued at approximately $3,581,499.20. The trade was a 11.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,597 shares of company stock valued at $3,762,052 over the last quarter. Company insiders own 0.76% of the company’s stock.

Domino’s Pizza Stock Performance

DPZ opened at $466.84 on Thursday. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75. The firm has a 50 day moving average price of $458.02 and a 200 day moving average price of $440.84. The company has a market cap of $16.01 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04). The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.47 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. Domino’s Pizza’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $4.48 EPS. On average, sell-side analysts predict that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.74 per share. This represents a $6.96 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Domino’s Pizza’s previous quarterly dividend of $1.51. Domino’s Pizza’s payout ratio is currently 41.70%.

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.