2,291 Shares in Domino's Pizza, Inc. (NYSE:DPZ) Bought by Empire Financial Management Company LLC

Empire Financial Management Company LLC purchased a new stake in Domino's Pizza, Inc. (NYSE:DPZ - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,291 shares of the restaurant operator's stock, valued at approximately $985,000.

A number of other institutional investors have also recently made changes to their positions in the business. FMR LLC lifted its holdings in shares of Domino's Pizza by 16.3% in the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator's stock valued at $941,936,000 after acquiring an additional 307,528 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Domino's Pizza by 1.4% in the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator's stock valued at $716,681,000 after acquiring an additional 23,681 shares during the last quarter. Berkshire Hathaway Inc bought a new position in shares of Domino's Pizza in the 3rd quarter valued at about $549,399,000. Marshfield Associates raised its position in Domino's Pizza by 0.3% in the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator's stock worth $368,392,000 after purchasing an additional 2,271 shares during the period. Finally, International Assets Investment Management LLC raised its position in Domino's Pizza by 40,191.5% in the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator's stock worth $225,303,000 after purchasing an additional 522,490 shares during the period. Institutional investors own 94.63% of the company's stock.

Domino's Pizza Stock Performance

DPZ traded up $5.84 during trading on Wednesday, hitting $460.00. The stock had a trading volume of 219,099 shares, compared to its average volume of 603,304. The company has a market capitalization of $15.88 billion, a PE ratio of 27.90, a PEG ratio of 2.48 and a beta of 0.88. Domino's Pizza, Inc. has a twelve month low of $393.00 and a twelve month high of $542.75. The stock has a 50 day simple moving average of $437.85 and a two-hundred day simple moving average of $451.19.

Domino's Pizza (NYSE:DPZ - Get Free Report) last announced its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.54. The company 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 12.26% and a negative return on equity of 14.35%. Domino's Pizza's revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $4.18 earnings per share. On average, equities research analysts anticipate that Domino's Pizza, Inc. will post 16.82 EPS for the current year.

Domino's Pizza Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $6.04 annualized dividend and a yield of 1.31%. Domino's Pizza's dividend payout ratio (DPR) is 37.10%.

Insider Buying and Selling at Domino's Pizza

In other news, Director Andrew Balson sold 6,970 shares of Domino's Pizza stock in a transaction 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 completion of the sale, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kevin Scott Morris sold 2,646 shares of Domino's Pizza stock in a transaction on Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares of the company's stock, valued at $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on DPZ shares. Robert W. Baird reduced their price objective on shares of Domino's Pizza from $580.00 to $535.00 and set an "outperform" rating on the stock in a research report on Thursday, September 12th. Royal Bank of Canada reduced their price objective on shares of Domino's Pizza from $500.00 to $490.00 and set an "outperform" rating on the stock in a research report on Friday, October 11th. Jefferies Financial Group reduced their price objective on shares of Domino's Pizza from $455.00 to $450.00 and set a "hold" rating on the stock in a research report on Friday, October 11th. Citigroup reduced their price objective on shares of Domino's Pizza from $450.00 to $440.00 and set a "neutral" rating on the stock in a research report on Friday, October 11th. Finally, Wells Fargo & Company reduced their price objective on shares of Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating on the stock in a research report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Domino's Pizza currently has an average rating of "Moderate Buy" and a consensus price target of $495.76.

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.