Great West Life Assurance Co. Can Grows Stake in Domino’s Pizza Inc (DPZ)

Great West Life Assurance Co. Can lifted its holdings in Domino’s Pizza Inc (NYSE:DPZ) by 21.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,700 shares of the restaurant operator’s stock after acquiring an additional 9,599 shares during the quarter. Great West Life Assurance Co. Can owned 0.12% of Domino’s Pizza worth $10,579,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Sheaff Brock Investment Advisors LLC increased its stake in shares of Domino’s Pizza by 1.3% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 1,996 shares of the restaurant operator’s stock worth $422,000 after acquiring an additional 25 shares during the period. MML Investors Services LLC increased its stake in shares of Domino’s Pizza by 3.2% in the second quarter. MML Investors Services LLC now owns 1,405 shares of the restaurant operator’s stock worth $297,000 after acquiring an additional 44 shares during the period. Mirador Capital Partners LP increased its stake in shares of Domino’s Pizza by 3.5% in the second quarter. Mirador Capital Partners LP now owns 1,632 shares of the restaurant operator’s stock worth $321,000 after acquiring an additional 55 shares during the period. World Asset Management Inc increased its stake in shares of Domino’s Pizza by 1.8% in the second quarter. World Asset Management Inc now owns 3,502 shares of the restaurant operator’s stock worth $741,000 after acquiring an additional 62 shares during the period. Finally, Toronto Dominion Bank increased its stake in shares of Domino’s Pizza by 12.2% in the second quarter. Toronto Dominion Bank now owns 590 shares of the restaurant operator’s stock worth $125,000 after acquiring an additional 64 shares during the period. Hedge funds and other institutional investors own 94.20% of the company’s stock.

Domino’s Pizza Inc (DPZ) opened at $189.32 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 1.39 and a debt-to-equity ratio of -1.13. The stock has a market cap of $8,074.20, a price-to-earnings ratio of 34.64, a price-to-earnings-growth ratio of 1.90 and a beta of 0.37. Domino’s Pizza Inc has a twelve month low of $156.26 and a twelve month high of $221.58.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Thursday, October 12th. The restaurant operator reported $1.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.05. The business had revenue of $643.60 million for the quarter, compared to the consensus estimate of $627.85 million. Domino’s Pizza had a net margin of 9.47% and a negative return on equity of 12.59%. The company’s revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $0.96 earnings per share. equities research analysts predict that Domino’s Pizza Inc will post 5.8 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.97%. The ex-dividend date is Thursday, December 14th. Domino’s Pizza’s payout ratio is 35.11%.

A number of research firms have recently weighed in on DPZ. Longbow Research reissued a “buy” rating and set a $215.00 price target on shares of Domino’s Pizza in a report on Tuesday, November 28th. Nomura raised shares of Domino’s Pizza from a “neutral” rating to a “buy” rating and set a $201.00 price target on the stock in a report on Wednesday, November 29th. Zacks Investment Research downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Maxim Group reissued a “hold” rating and set a $200.00 price target on shares of Domino’s Pizza in a report on Tuesday, September 19th. Finally, Wells Fargo & Company reissued a “market perform” rating and set a $210.00 price target (up from $204.00) on shares of Domino’s Pizza in a report on Monday, October 2nd. Eleven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $207.68.

In other Domino’s Pizza news, insider Russell J. Weiner sold 7,276 shares of the stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $195.00, for a total transaction of $1,418,820.00. Following the transaction, the insider now directly owns 17,563 shares of the company’s stock, valued at $3,424,785. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 3.57% of the company’s stock.

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Domino’s Pizza Profile

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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