V Wealth Management LLC Increases Stake in Domino’s Pizza, Inc. (DPZ)

V Wealth Management LLC lifted its stake in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 13.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,644 shares of the restaurant operator’s stock after purchasing an additional 195 shares during the period. V Wealth Management LLC’s holdings in Domino’s Pizza were worth $485,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. lifted its position in shares of 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 purchasing an additional 292,482 shares in the last quarter. FMR LLC raised its stake in shares of 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 during the last quarter. Morgan Stanley raised its stake in shares of Domino’s Pizza by 36.3% during the second quarter. Morgan Stanley now owns 290,070 shares of the restaurant operator’s stock worth $81,849,000 after buying an additional 77,244 shares during the last quarter. Bank of America Corp DE raised its stake in shares of 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 during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of 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 during the last quarter. Institutional investors own 93.75% of the company’s stock.

A number of equities research analysts recently weighed in on DPZ shares. JPMorgan Chase & Co. boosted their price target on shares of Domino’s Pizza from $260.00 to $270.00 and gave the stock a “$271.75” rating in a research note on Monday, July 23rd. Guggenheim reissued a “buy” rating and set a $303.00 price target on shares of Domino’s Pizza in a research note on Friday, July 20th. Maxim Group raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and boosted their price target for the stock from $305.00 to $310.00 in a research note on Wednesday, October 17th. Mizuho set a $300.00 price target on shares of Domino’s Pizza and gave the stock a “buy” rating in a research note on Wednesday, October 17th. Finally, Morgan Stanley boosted their price target 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. Nine research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $274.30.



In other news, COO Russell J. Weiner sold 4,404 shares of the company’s stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $293.88, for a total value of $1,294,247.52. Following the completion of the transaction, the chief operating officer now owns 13,738 shares in the company, valued at $4,037,323.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider J Patrick Doyle sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $295.32, for a total transaction of $2,953,200.00. Following the completion of the transaction, the insider now owns 34,670 shares of the company’s stock, valued at approximately $10,238,744.40. 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 ninety days. Insiders own 3.97% of the company’s stock.

Shares of NYSE:DPZ opened at $270.81 on Wednesday. Domino’s Pizza, Inc. has a 52 week low of $166.74 and a 52 week high of $305.34. The company has a market capitalization of $10.87 billion, a price-to-earnings ratio of 49.86, a PEG ratio of 1.77 and a beta of 0.22.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, December 13th. Domino’s Pizza’s payout ratio is presently 41.20%.

Domino’s Pizza 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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