2,291 Shares in Domino’s Pizza, Inc. (NYSE:DPZ) Acquired by Empire Financial Management Company LLC

Empire Financial Management Company LLC bought a new position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,291 shares of the restaurant operator’s stock, valued at approximately $985,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DPZ. True Wealth Design LLC increased its position in shares of Domino’s Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 61 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of Domino’s Pizza in the 3rd quarter valued at approximately $30,000. Blue Trust Inc. lifted its holdings in shares of Domino’s Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 39 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Domino’s Pizza during the 3rd quarter worth approximately $43,000. Finally, Crewe Advisors LLC increased its holdings in Domino’s Pizza by 46.6% in the 2nd quarter. Crewe Advisors LLC now owns 107 shares of the restaurant operator’s stock valued at $55,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 0.8 %

Shares of NYSE:DPZ opened at $454.18 on Wednesday. Domino’s Pizza, Inc. has a fifty-two week low of $392.61 and a fifty-two week high of $542.75. The firm’s 50-day simple moving average is $437.85 and its 200-day simple moving average is $451.19. The company has a market cap of $15.68 billion, a price-to-earnings ratio of 27.90, a PEG ratio of 2.48 and a beta of 0.88.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.65 by $0.54. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.18 EPS. On average, research analysts forecast that Domino’s Pizza, Inc. will post 16.82 EPS for the current year.

Domino’s Pizza Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $1.51 dividend. The ex-dividend date is Friday, December 13th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.33%. Domino’s Pizza’s dividend payout ratio is presently 37.10%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DPZ. TD Cowen boosted their price objective on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. Wedbush reissued an “outperform” rating and set a $470.00 price target on shares of Domino’s Pizza in a research report on Friday, October 11th. BMO Capital Markets dropped their price objective on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 11th. Stephens cut their target price on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a research note on Friday, October 11th. Finally, Barclays decreased their price target on shares of Domino’s Pizza from $380.00 to $370.00 and set an “underweight” rating for the company in a research report on Friday, October 11th. One analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $495.76.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at approximately $902,394. This represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the completion of the sale, the director now owns 15,390 shares in the company, valued at $6,591,075.30. This represents a 31.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

About Domino’s Pizza

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.