Amica Mutual Insurance Co. Has $6.91 Million Holdings in Domino’s Pizza Inc $DPZ

Amica Mutual Insurance Co. lifted its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ) by 59.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 16,576 shares of the restaurant operator’s stock after acquiring an additional 6,203 shares during the quarter. Amica Mutual Insurance Co.’s holdings in Domino’s Pizza were worth $6,909,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Berkshire Hathaway Inc lifted its holdings in Domino’s Pizza by 13.2% in the third quarter. Berkshire Hathaway Inc now owns 2,981,945 shares of the restaurant operator’s stock valued at $1,287,335,000 after buying an additional 348,077 shares during the period. Principal Financial Group Inc. lifted its holdings in Domino’s Pizza by 1.8% in the third quarter. Principal Financial Group Inc. now owns 1,762,568 shares of the restaurant operator’s stock valued at $760,939,000 after buying an additional 30,647 shares during the period. Geode Capital Management LLC lifted its holdings in Domino’s Pizza by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,026,391 shares of the restaurant operator’s stock valued at $432,033,000 after buying an additional 19,019 shares during the period. Invesco Ltd. lifted its holdings in Domino’s Pizza by 9.3% in the third quarter. Invesco Ltd. now owns 919,830 shares of the restaurant operator’s stock valued at $397,100,000 after buying an additional 78,594 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Domino’s Pizza by 21,977.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after buying an additional 910,529 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the topic of several research reports. William Blair set a $540.00 price objective on shares of Domino’s Pizza in a report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Domino’s Pizza in a report on Friday, March 27th. Argus upgraded shares of Domino’s Pizza to a “hold” rating in a report on Monday, March 9th. Rothschild & Co Redburn lowered their target price on shares of Domino’s Pizza from $340.00 to $290.00 in a report on Monday, May 11th. Finally, UBS Group lowered their target price on shares of Domino’s Pizza from $480.00 to $425.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $418.13.

Domino’s Pizza Trading Up 0.1%

DPZ opened at $310.56 on Friday. The company has a 50 day moving average of $344.86 and a 200 day moving average of $386.02. The company has a market cap of $10.33 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 1.44 and a beta of 1.02. Domino’s Pizza Inc has a 12 month low of $297.48 and a 12 month high of $496.00.

Domino’s Pizza (NASDAQ:DPZ) last posted its earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.29 by ($0.16). The firm had revenue of $1.15 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.04% and a net margin of 11.89%.Domino’s Pizza’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.33 EPS. Research analysts forecast that Domino’s Pizza Inc will post 19.14 earnings per share for the current fiscal year.

Domino’s Pizza Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $1.99 dividend. The ex-dividend date is Monday, June 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.6%. Domino’s Pizza’s payout ratio is presently 45.83%.

Insider Activity

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 488 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $313.16, for a total value of $152,822.08. Following the transaction, the executive vice president owned 9,352 shares in the company, valued at approximately $2,928,672.32. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.89% of the company’s stock.

About Domino’s Pizza

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand?crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.