ICW Investment Advisors LLC Has $529,000 Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

ICW Investment Advisors LLC raised its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 16.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,261 shares of the restaurant operator’s stock after buying an additional 177 shares during the period. ICW Investment Advisors LLC’s holdings in Domino’s Pizza were worth $529,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Berkshire Hathaway Inc acquired a new stake in shares of Domino’s Pizza during the third quarter worth approximately $549,399,000. Janney Montgomery Scott LLC increased its holdings in shares of Domino’s Pizza by 278.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock worth $4,643,000 after buying an additional 8,136 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Domino’s Pizza by 44.6% during the fourth quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock worth $2,398,000 after buying an additional 1,762 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Domino’s Pizza by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock worth $98,545,000 after buying an additional 2,201 shares in the last quarter. Finally, Alta Capital Management LLC increased its holdings in shares of Domino’s Pizza by 20.5% in the fourth quarter. Alta Capital Management LLC now owns 7,144 shares of the restaurant operator’s stock valued at $2,999,000 after purchasing an additional 1,214 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Ratings Changes

DPZ has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a report on Tuesday, February 25th. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Domino’s Pizza in a report on Thursday, February 20th. Argus lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. TD Securities reissued a “buy” rating and issued a $490.00 price target on shares of Domino’s Pizza in a report on Monday, February 24th. Finally, Loop Capital lowered their price target on shares of Domino’s Pizza from $559.00 to $555.00 and set a “buy” rating for the company in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average target price of $503.41.

Insider Activity

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 2,104 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $436.28, for a total value of $917,933.12. Following the sale, the executive vice president now owns 5,699 shares of the company’s stock, valued at $2,486,359.72. This trade represents a 26.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kevin Scott Morris sold 5,416 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $437.00, for a total value of $2,366,792.00. Following the completion of the sale, the executive vice president now directly owns 793 shares in the company, valued at approximately $346,541. The trade was a 87.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,597 shares of company stock valued at $3,762,052 in the last ninety days. 0.76% of the stock is currently owned by insiders.

Domino’s Pizza Trading Down 1.0 %

Shares of NASDAQ DPZ opened at $461.40 on Monday. The company has a market cap of $15.82 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 2.47 and a beta of 1.06. The stock has a 50-day moving average price of $454.96 and a two-hundred day moving average price of $439.90. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.04). Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the company posted $4.48 earnings per share. Domino’s Pizza’s quarterly revenue was up 2.9% on a year-over-year basis. On average, sell-side analysts predict that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current year.

Domino’s Pizza Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a dividend of $1.74 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.51%. Domino’s Pizza’s dividend payout ratio (DPR) is currently 41.70%.

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.