Cwm LLC Sells 579 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Cwm LLC decreased its position in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 32.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,179 shares of the restaurant operator’s stock after selling 579 shares during the quarter. Cwm LLC’s holdings in Domino’s Pizza were worth $507,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Brookstone Capital Management raised its position in shares of Domino’s Pizza by 5.1% in the 3rd quarter. Brookstone Capital Management now owns 5,571 shares of the restaurant operator’s stock valued at $2,396,000 after buying an additional 269 shares in the last quarter. Mather Group LLC. increased its stake in Domino’s Pizza by 5.7% in the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock valued at $294,000 after acquiring an additional 37 shares during the last quarter. Fulton Bank N.A. raised its position in Domino’s Pizza by 31.6% during the third quarter. Fulton Bank N.A. now owns 720 shares of the restaurant operator’s stock valued at $310,000 after purchasing an additional 173 shares in the last quarter. Value Partners Investments Inc. bought a new stake in Domino’s Pizza during the third quarter worth $717,000. Finally, Miracle Mile Advisors LLC acquired a new stake in shares of Domino’s Pizza in the 3rd quarter valued at $249,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DPZ. Jefferies Financial Group lowered their price target on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. dropped their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a report on Friday, October 11th. BTIG Research reduced their price target on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. Citigroup lowered their price objective on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a research report on Friday, October 11th. Finally, 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 report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $489.55.

Domino’s Pizza Trading Down 0.1 %

DPZ stock opened at $428.85 on Friday. Domino’s Pizza, Inc. has a 1-year low of $332.13 and a 1-year high of $542.75. The stock has a 50-day moving average price of $421.23 and a 200-day moving average price of $467.13. The firm has a market cap of $14.96 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 2.23 and a beta of 0.86.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.65 by $0.54. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.18 earnings per share. On average, analysts forecast that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Friday, December 13th. Domino’s Pizza’s payout ratio is 39.43%.

Insider Buying and Selling at Domino’s Pizza

In other news, Director Andrew Balson sold 6,970 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the transaction, the director now owns 15,390 shares of the company’s stock, valued at $6,591,075.30. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.76% of the company’s stock.

Domino’s Pizza 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.