WJ Financial Advisors LLC Takes Position in Domino’s Pizza Inc $DPZ

WJ Financial Advisors LLC acquired a new stake in Domino’s Pizza Inc (NASDAQ:DPZ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,921 shares of the restaurant operator’s stock, valued at approximately $689,000.

Other hedge funds also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new stake in Domino’s Pizza during the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC raised its position in Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares during the period. MBM Wealth Consultants LLC acquired a new position in shares of Domino’s Pizza in the 1st quarter valued at $31,000. Johnson Financial Group Inc. lifted its stake in shares of Domino’s Pizza by 200.0% in the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 56 shares during the last quarter. Finally, Arax Advisory Partners purchased a new position in shares of Domino’s Pizza during the 4th quarter worth $42,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on DPZ shares. The Goldman Sachs Group cut their price objective on Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. DA Davidson decreased their target price on shares of Domino’s Pizza from $436.00 to $423.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Robert W. Baird lowered their target price on shares of Domino’s Pizza from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Tuesday, June 23rd. Sanford C. Bernstein dropped their price target on shares of Domino’s Pizza from $470.00 to $390.00 and set a “market perform” rating for the company in a research report on Tuesday, April 28th. Finally, Evercore reiterated an “outperform” rating on shares of Domino’s Pizza in a research report on Thursday. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $402.23.

Insider Activity

In other news, EVP Kelly E. Garcia sold 487 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $297.01, for a total value of $144,643.87. Following the completion of the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $2,777,637.52. This trade represents a 4.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 1,950 shares of company stock worth $611,451 over the last 90 days. 0.89% of the stock is currently owned by corporate insiders.

Domino’s Pizza Trading Up 3.5%

Shares of NASDAQ DPZ opened at $309.85 on Tuesday. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $496.00. The stock has a fifty day simple moving average of $309.72 and a 200-day simple moving average of $361.37. The stock has a market capitalization of $10.31 billion, a PE ratio of 17.84, a PEG ratio of 1.40 and a beta of 0.97.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.29 by ($0.16). Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.The firm had revenue of $1.15 billion for the quarter. During the same quarter last year, the firm posted $4.33 earnings per share. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, equities analysts predict that Domino’s Pizza Inc will post 18.91 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $1.99 per share. The ex-dividend date was Monday, June 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.6%. Domino’s Pizza’s dividend payout ratio is 45.83%.

Domino’s Pizza Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.