BlackRock Amends Domino's Pizza Stake, Remains Key Holder
Ticker: DPZ · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
Related Tickers: DPZ
TL;DR
**BlackRock updated its Domino's Pizza holdings, still a major player.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating a change in its ownership of Domino's Pizza Inc. common stock as of December 31, 2023. This amendment, the 15th for BlackRock regarding Domino's, shows that BlackRock continues to be a significant institutional holder, which can provide stability but also means large movements by them could impact the stock price. Investors should note that BlackRock's continued substantial stake suggests a long-term interest in Domino's performance.
Why It Matters
This filing shows that a major institutional investor, BlackRock, still holds a significant position in Domino's Pizza, signaling their continued confidence or strategic interest in the company.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
An investor should note BlackRock's continued presence as a significant shareholder, which can be a sign of institutional confidence, but this filing alone doesn't provide enough detail to warrant immediate action beyond continued monitoring of Domino's Pizza's performance and future filings.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- DOMINOS PIZZA INC (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this and what does it generally indicate?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It indicates that an institutional investor, in this case, BlackRock Inc., is updating its beneficial ownership of a company's securities, DOMINOS PIZZA INC, and that their ownership is passive (not for control).
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., a major asset management firm based out of 50 Hudson Yards, New York, NY.
What is the subject company whose shares are being reported?
The subject company is DOMINOS PIZZA INC, with its business address at 30 Frank Lloyd Wright Drive, Ann Arbor, MI.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, meaning the ownership snapshot being reported is as of the end of last year.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of DOMINOS PIZZA INC, as stated in the filing, is 25754A201.
From the Filing
0001086364-24-003701.txt : 20240125 0001086364-24-003701.hdr.sgml : 20240125 20240125165924 ACCESSION NUMBER: 0001086364-24-003701 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOMINOS PIZZA INC CENTRAL INDEX KEY: 0001286681 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & RELATED PRODUCTS [5140] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 382511577 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80414 FILM NUMBER: 24562941 BUSINESS ADDRESS: STREET 1: 30 FRANK LLOYD WRIGHT DRIVE CITY: ANN ARBOR STATE: MI ZIP: 48105 BUSINESS PHONE: (734) 930-3030 MAIL ADDRESS: STREET 1: 30 FRANK LLOYD WRIGHT DRIVE CITY: ANN ARBOR STATE: MI ZIP: 48105 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us25754a2015_012524.txt us25754a2015_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 15) DOMINOS PIZZA INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 25754A201 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 25754A201 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 2662497 (6) Shared voting power 0 (7) Sole dispositive power 2892693 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 2892693 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.3% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DOMINOS PIZZA INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 30 FRANK LLOYD WRIGHT DRIVE ANN ARBOR MI 48105 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: -------