Ferguson Wellman Capital Management Inc. Decreases Position in Domino’s Pizza, Inc. (DPZ)

Ferguson Wellman Capital Management Inc. cut its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 24.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,050 shares of the restaurant operator’s stock after selling 670 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Domino’s Pizza were worth $604,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. FMR LLC grew its stake in Domino’s Pizza by 150.2% during the second quarter. FMR LLC now owns 1,184,342 shares of the restaurant operator’s stock worth $334,186,000 after buying an additional 711,035 shares in the last quarter. BlackRock Inc. grew its stake in Domino’s Pizza by 5.8% during the second quarter. BlackRock Inc. now owns 5,316,377 shares of the restaurant operator’s stock worth $1,500,121,000 after buying an additional 292,482 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Domino’s Pizza by 319.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 225,664 shares of the restaurant operator’s stock worth $66,526,000 after buying an additional 171,832 shares in the last quarter. Bank of America Corp DE grew its stake in Domino’s Pizza by 41.9% during the second quarter. Bank of America Corp DE now owns 275,099 shares of the restaurant operator’s stock worth $77,625,000 after buying an additional 81,286 shares in the last quarter. Finally, Strs Ohio grew its stake in Domino’s Pizza by 13,054.7% during the third quarter. Strs Ohio now owns 81,822 shares of the restaurant operator’s stock worth $24,121,000 after buying an additional 81,200 shares in the last quarter. Institutional investors and hedge funds own 92.72% of the company’s stock.

A number of equities research analysts have issued reports on DPZ shares. Zacks Investment Research downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Wednesday, July 4th. Wells Fargo & Co increased their price objective on shares of Domino’s Pizza from $235.00 to $255.00 and gave the stock a “market perform” rating in a research note on Tuesday, July 10th. They noted that the move was a valuation call. Morgan Stanley increased their price objective on shares of Domino’s Pizza from $260.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Monday, July 16th. Maxim Group increased their price objective on shares of Domino’s Pizza from $270.00 to $285.00 and gave the stock a “hold” rating in a research note on Tuesday, July 17th. They noted that the move was a valuation call. Finally, Jefferies Financial Group reiterated a “neutral” rating and set a $265.00 price objective on shares of Domino’s Pizza in a research note on Friday, July 20th. Nine equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Domino’s Pizza presently has an average rating of “Buy” and an average target price of $274.30.



In other news, insider J Patrick Doyle sold 25,600 shares of the stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $301.15, for a total value of $7,709,440.00. Following the completion of the transaction, the insider now owns 49,670 shares of the company’s stock, valued at $14,958,120.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Russell J. Weiner sold 4,404 shares of the stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $293.88, for a total transaction of $1,294,247.52. Following the completion of the transaction, the chief operating officer now directly owns 13,738 shares of the company’s stock, valued at approximately $4,037,323.44. The disclosure for this sale can be found here. Insiders sold 40,004 shares of company stock valued at $11,956,888 in the last three months. Company insiders own 3.97% of the company’s stock.

DPZ stock opened at $261.24 on Friday. The stock has a market capitalization of $10.89 billion, a PE ratio of 33.86, a P/E/G ratio of 1.81 and a beta of 0.22. Domino’s Pizza, Inc. has a 12 month low of $166.74 and a 12 month high of $305.34.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, October 16th. The restaurant operator reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.20. The firm had revenue of $786.00 million during the quarter, compared to analysts’ expectations of $789.10 million. Domino’s Pizza had a net margin of 10.60% and a negative return on equity of 11.92%. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.27 earnings per share. On average, equities research analysts forecast that Domino’s Pizza, Inc. will post 8.42 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be issued a $0.55 dividend. The ex-dividend date is Thursday, December 13th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.84%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.20%.

Domino’s Pizza Company Profile

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

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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