True North Advisors LLC Makes New Investment in Domino’s Pizza, Inc. (NASDAQ:DPZ)

True North Advisors LLC bought a new position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 626 shares of the restaurant operator’s stock, valued at approximately $263,000.

A number of other large investors also recently modified their holdings of DPZ. Janney Montgomery Scott LLC lifted its holdings in shares of Domino’s Pizza by 278.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock worth $4,643,000 after purchasing an additional 8,136 shares during the last quarter. Atomi Financial Group Inc. increased its position in Domino’s Pizza by 8.4% in the fourth quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator’s stock worth $227,000 after buying an additional 42 shares during the period. AMI Asset Management Corp lifted its stake in Domino’s Pizza by 70.8% in the fourth quarter. AMI Asset Management Corp now owns 1,392 shares of the restaurant operator’s stock valued at $584,000 after buying an additional 577 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Domino’s Pizza by 49.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,741 shares of the restaurant operator’s stock valued at $731,000 after acquiring an additional 576 shares during the period. Finally, Annex Advisory Services LLC grew its position in shares of Domino’s Pizza by 43.6% during the fourth quarter. Annex Advisory Services LLC now owns 35,096 shares of the restaurant operator’s stock worth $14,732,000 after acquiring an additional 10,650 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DPZ has been the topic of several recent research reports. Wedbush reiterated an “outperform” rating and issued a $470.00 price objective on shares of Domino’s Pizza in a research report on Friday, October 11th. Citigroup cut their price target on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. Oppenheimer increased their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. BTIG Research cut their target price on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. Finally, Wells Fargo & Company lowered their price target on Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus target price of $502.70.

Read Our Latest Stock Report on DPZ

Domino’s Pizza Stock Performance

DPZ stock opened at $447.76 on Friday. The stock has a market cap of $15.46 billion, a P/E ratio of 27.50, a P/E/G ratio of 2.25 and a beta of 0.90. The firm has a 50 day simple moving average of $439.89 and a 200 day simple moving average of $432.68. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at $902,394. This trade represents a 57.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.76% of the company’s stock.

Domino’s Pizza Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)

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