Domino’s Pizza, Inc. (DPZ) Stake Lowered by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can reduced its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,513 shares of the restaurant operator’s stock after selling 4,365 shares during the quarter. Great West Life Assurance Co. Can owned approximately 0.09% of Domino’s Pizza worth $11,360,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cookson Peirce & Co. Inc. boosted its holdings in shares of Domino’s Pizza by 0.6% in the 3rd quarter. Cookson Peirce & Co. Inc. now owns 29,485 shares of the restaurant operator’s stock worth $8,692,000 after acquiring an additional 185 shares in the last quarter. Eagle Asset Management Inc. boosted its holdings in shares of Domino’s Pizza by 13.3% in the 2nd quarter. Eagle Asset Management Inc. now owns 1,632 shares of the restaurant operator’s stock worth $460,000 after acquiring an additional 191 shares in the last quarter. V Wealth Management LLC raised its position in Domino’s Pizza by 13.5% in the 3rd quarter. V Wealth Management LLC now owns 1,644 shares of the restaurant operator’s stock worth $485,000 after purchasing an additional 195 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in Domino’s Pizza by 6.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 3,120 shares of the restaurant operator’s stock worth $919,000 after purchasing an additional 198 shares during the last quarter. Finally, MML Investors Services LLC raised its position in Domino’s Pizza by 12.8% in the 3rd quarter. MML Investors Services LLC now owns 1,852 shares of the restaurant operator’s stock worth $546,000 after purchasing an additional 210 shares during the last quarter. 90.51% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently weighed in on DPZ shares. Zacks Investment Research cut shares of Domino’s Pizza from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. Wells Fargo & Co boosted their price objective on shares of Domino’s Pizza from $255.00 to $260.00 and gave the stock a “market perform” rating in a research report on Monday, October 8th. They noted that the move was a valuation call. Maxim Group boosted their price objective on shares of Domino’s Pizza from $285.00 to $305.00 and gave the stock a “hold” rating in a research report on Wednesday, October 10th. Mizuho set a $300.00 price objective on shares of Domino’s Pizza and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, UBS Group started coverage on shares of Domino’s Pizza in a research report on Monday, October 22nd. They issued a “neutral” rating and a $285.00 price objective for the company. Nine investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $277.00.



In other Domino’s Pizza news, CEO Richard E. Allison, Jr. sold 5,000 shares of the company’s stock in a transaction on Thursday, November 29th. The shares were sold at an average price of $279.31, for a total transaction of $1,396,550.00. Following the completion of the sale, the chief executive officer now owns 44,864 shares in the company, valued at approximately $12,530,963.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.97% of the company’s stock.

Shares of Domino’s Pizza stock opened at $266.40 on Friday. The firm has a market cap of $11.07 billion, a price-to-earnings ratio of 49.89, a price-to-earnings-growth ratio of 1.84 and a beta of 0.41. Domino’s Pizza, Inc. has a 52 week low of $177.24 and a 52 week high of $305.34.

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 consensus estimate of $1.75 by $0.20. The company 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 previous year, the company posted $1.27 EPS. On average, equities research analysts forecast that Domino’s Pizza, Inc. will post 8.44 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Thursday, December 13th. Domino’s Pizza’s payout ratio is 41.20%.

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About Domino’s Pizza

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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