Cwm LLC Buys 942 Shares of Domino’s Pizza Inc $DPZ

Cwm LLC lifted its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 95.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 1,932 shares of the restaurant operator’s stock after acquiring an additional 942 shares during the period. Cwm LLC’s holdings in Domino’s Pizza were worth $870,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. HighPoint Advisor Group LLC lifted its stake in Domino’s Pizza by 3.2% in the first quarter. HighPoint Advisor Group LLC now owns 672 shares of the restaurant operator’s stock worth $332,000 after purchasing an additional 21 shares during the last quarter. AGP Franklin LLC lifted its stake in Domino’s Pizza by 0.4% in the first quarter. AGP Franklin LLC now owns 5,128 shares of the restaurant operator’s stock worth $2,403,000 after purchasing an additional 21 shares during the last quarter. Nissay Asset Management Corp Japan ADV lifted its stake in Domino’s Pizza by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,162 shares of the restaurant operator’s stock worth $1,912,000 after purchasing an additional 21 shares during the last quarter. Compound Planning Inc. lifted its stake in Domino’s Pizza by 4.1% in the first quarter. Compound Planning Inc. now owns 562 shares of the restaurant operator’s stock worth $258,000 after purchasing an additional 22 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in Domino’s Pizza by 16.0% in the first quarter. Allworth Financial LP now owns 174 shares of the restaurant operator’s stock worth $85,000 after purchasing an additional 24 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DPZ has been the subject of several recent research reports. Royal Bank Of Canada lowered their price target on shares of Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 15th. BTIG Research reissued a “buy” rating and issued a $530.00 price target on shares of Domino’s Pizza in a research note on Wednesday, October 15th. UBS Group reissued a “buy” rating and issued a $540.00 price target on shares of Domino’s Pizza in a research note on Tuesday, July 22nd. Jefferies Financial Group lowered their price objective on shares of Domino’s Pizza from $490.00 to $455.00 and set a “hold” rating for the company in a research note on Monday, October 13th. Finally, Piper Sandler lowered their price objective on shares of Domino’s Pizza from $477.00 to $443.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $489.92.

Insider Activity

In other news, Director James A. Goldman sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $451.49, for a total value of $451,490.00. Following the transaction, the director owned 3,384 shares in the company, valued at approximately $1,527,842.16. This represents a 22.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.83% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $424.82 on Thursday. The stock has a market cap of $14.35 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. Domino’s Pizza Inc has a fifty-two week low of $397.12 and a fifty-two week high of $500.55. The firm’s 50-day simple moving average is $437.94 and its two-hundred day simple moving average is $456.71.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Tuesday, October 14th. The restaurant operator reported $4.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.96 by $0.12. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Domino’s Pizza had a net margin of 12.16% and a negative return on equity of 14.91%. The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.19 earnings per share. Equities research analysts predict that Domino’s Pizza Inc will post 16.74 EPS for the current year.

Domino’s Pizza Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be paid a $1.74 dividend. This represents a $6.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, December 15th. Domino’s Pizza’s dividend payout ratio is currently 40.68%.

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.