AMI Asset Management Corp Has $1.09 Million Stock Position in Domino’s Pizza Inc (NASDAQ:DPZ)

AMI Asset Management Corp boosted its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 69.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,364 shares of the restaurant operator’s stock after purchasing an additional 972 shares during the period. AMI Asset Management Corp’s holdings in Domino’s Pizza were worth $1,086,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Oppenheimer & Co. Inc. raised its holdings in Domino’s Pizza by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after acquiring an additional 23 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Domino’s Pizza by 40.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 26 shares during the period. Larson Financial Group LLC raised its holdings in Domino’s Pizza by 2.8% in the 4th quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock valued at $427,000 after acquiring an additional 28 shares during the period. Robbins Farley raised its holdings in Domino’s Pizza by 0.3% in the 1st quarter. Robbins Farley now owns 8,349 shares of the restaurant operator’s stock valued at $3,836,000 after acquiring an additional 29 shares during the period. Finally, M&T Bank Corp increased its holdings in shares of Domino’s Pizza by 1.0% during the fourth quarter. M&T Bank Corp now owns 3,172 shares of the restaurant operator’s stock worth $1,332,000 after purchasing an additional 30 shares during the period. 94.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Robert W. Baird lifted their price objective on shares of Domino’s Pizza from $500.00 to $535.00 and gave the company an “outperform” rating in a research note on Wednesday, April 23rd. Redburn Atlantic assumed coverage on shares of Domino’s Pizza in a research note on Tuesday, June 10th. They set a “sell” rating and a $340.00 target price for the company. Citigroup lifted their price target on shares of Domino’s Pizza from $480.00 to $500.00 and gave the company a “neutral” rating in a research note on Tuesday, April 29th. BMO Capital Markets lifted their price target on shares of Domino’s Pizza from $515.00 to $540.00 and gave the company an “outperform” rating in a research note on Tuesday, April 29th. Finally, Morgan Stanley lifted their price target on shares of Domino’s Pizza from $492.00 to $510.00 and gave the company an “overweight” rating in a research note on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average target price of $487.17.

Insider Activity at Domino’s Pizza

In related news, EVP Reddy Sandeep sold 399 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $462.18, for a total value of $184,409.82. Following the transaction, the executive vice president now owns 8,756 shares in the company, valued at approximately $4,046,848.08. This represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.83% of the stock is owned by company insiders.

Domino’s Pizza Stock Down 1.5%

Shares of NASDAQ DPZ opened at $453.13 on Thursday. Domino’s Pizza Inc has a twelve month low of $396.06 and a twelve month high of $526.66. The stock’s 50 day moving average price is $473.26 and its 200-day moving average price is $457.73. The company has a market capitalization of $15.52 billion, a PE ratio of 25.98, a PEG ratio of 2.62 and a beta of 1.11.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings data on Monday, April 28th. The restaurant operator reported $4.33 EPS for the quarter, beating the consensus estimate of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 15.45% and a net margin of 12.84%. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the business earned $3.58 earnings per share. Domino’s Pizza’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, research analysts expect that Domino’s Pizza Inc will post 16.74 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $1.74 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $6.96 annualized dividend and a yield of 1.54%. Domino’s Pizza’s payout ratio is 39.91%.

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.