Ferguson Wellman Capital Management Inc. Has $1.05 Million Holdings in Domino’s Pizza, Inc. (NYSE:DPZ)

Ferguson Wellman Capital Management Inc. decreased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 1.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,449 shares of the restaurant operator’s stock after selling 48 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Domino’s Pizza were worth $1,053,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. HighPoint Advisor Group LLC bought a new stake in Domino’s Pizza during the fourth quarter worth about $259,000. GAMMA Investing LLC lifted its stake in shares of Domino’s Pizza by 53.0% during the 1st quarter. GAMMA Investing LLC now owns 280 shares of the restaurant operator’s stock worth $139,000 after buying an additional 97 shares during the last quarter. Alaska Permanent Fund Corp acquired a new stake in Domino’s Pizza during the first quarter worth approximately $90,000. Czech National Bank boosted its holdings in shares of Domino’s Pizza by 0.4% during the first quarter. Czech National Bank now owns 6,137 shares of the restaurant operator’s stock worth $3,049,000 after acquiring an additional 27 shares during the period. Finally, Banque Cantonale Vaudoise increased its stake in shares of Domino’s Pizza by 86.7% during the first quarter. Banque Cantonale Vaudoise now owns 2,968 shares of the restaurant operator’s stock worth $1,475,000 after purchasing an additional 1,378 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Performance

NYSE DPZ opened at $428.85 on Friday. The company has a market capitalization 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. The company has a 50-day simple moving average of $421.23 and a 200 day simple moving average of $467.13. Domino’s Pizza, Inc. has a 52-week low of $332.13 and a 52-week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.54. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $4.18 earnings per share. As a group, analysts forecast that Domino’s Pizza, Inc. will post 16.24 EPS for the current fiscal year.

Domino’s Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a dividend of $1.51 per share. 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 dividend payout ratio (DPR) is presently 39.43%.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, Director Andrew Balson sold 6,970 shares of Domino’s Pizza stock in a transaction that occurred on 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 directly owns 15,390 shares of the company’s stock, valued at approximately $6,591,075.30. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.76% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Guggenheim reduced their target price on shares of Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a research report on Thursday, September 26th. Oppenheimer restated an “outperform” rating and set a $490.00 price objective on shares of Domino’s Pizza in a research note on Friday, October 11th. Wedbush restated an “outperform” rating and issued a $470.00 price target on shares of Domino’s Pizza in a research report on Friday, October 11th. Robert W. Baird decreased their target price on shares of Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating on the stock in a report on Thursday, September 12th. Finally, Piper Sandler reduced their target price on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a report on Monday, October 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $489.55.

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.