Global Trust Asset Management LLC Sells 122 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Global Trust Asset Management LLC decreased its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 33.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 239 shares of the restaurant operator’s stock after selling 122 shares during the quarter. Global Trust Asset Management LLC’s holdings in Domino’s Pizza were worth $100,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Mather Group LLC. lifted its holdings in Domino’s Pizza by 5.7% during the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock valued at $294,000 after purchasing an additional 37 shares in the last quarter. Vontobel Holding Ltd. raised its position in shares of Domino’s Pizza by 0.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock valued at $3,266,000 after purchasing an additional 40 shares during the period. Shepherd Financial Partners LLC lifted its stake in shares of Domino’s Pizza by 2.0% during the 3rd quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock valued at $863,000 after buying an additional 40 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in Domino’s Pizza by 10.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock worth $185,000 after buying an additional 40 shares during the period. Finally, Atomi Financial Group Inc. increased its stake in Domino’s Pizza by 8.4% in the 4th quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator’s stock worth $227,000 after buying an additional 42 shares in the last quarter. 94.63% of the stock is owned by institutional investors.

Domino’s Pizza Stock Up 0.3 %

DPZ opened at $442.12 on Thursday. The business has a fifty day moving average of $439.65 and a 200 day moving average of $432.57. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock has a market cap of $15.27 billion, a P/E ratio of 27.16, a PEG ratio of 2.18 and a beta of 0.90.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DPZ shares. Piper Sandler dropped their price objective on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating for the company in a research note on Monday, October 7th. JPMorgan Chase & Co. cut their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research note on Friday, October 11th. Oppenheimer increased their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Barclays lifted their target price on Domino’s Pizza from $370.00 to $412.00 and gave the stock an “underweight” rating in a report on Tuesday, January 7th. Finally, Stephens cut their price target on Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $502.70.

Insider Activity

In other news, EVP Kevin Scott Morris sold 2,646 shares of Domino’s Pizza stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at approximately $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.81% of the company’s stock.

Domino’s Pizza Company 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.