ORG Wealth Partners LLC Has $110,000 Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

ORG Wealth Partners LLC boosted its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 21.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 262 shares of the restaurant operator’s stock after acquiring an additional 46 shares during the quarter. ORG Wealth Partners LLC’s holdings in Domino’s Pizza were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC grew its position in Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 61 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in Domino’s Pizza in the 3rd quarter worth $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Domino’s Pizza in the 3rd quarter worth $43,000. Blue Trust Inc. grew its position in Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares during the last quarter. Finally, Rakuten Securities Inc. grew its position in Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 88 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on DPZ shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Bank of America decreased their target price on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Barclays lifted their target price on shares of Domino’s Pizza from $370.00 to $412.00 and gave the company an “underweight” rating in a research report on Tuesday. Royal Bank of Canada decreased their target price on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, October 11th. Finally, Stephens decreased their target price on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $501.93.

Domino’s Pizza Trading Down 2.5 %

Shares of NASDAQ DPZ opened at $402.33 on Friday. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The company has a market cap of $13.89 billion, a PE ratio of 24.71, a P/E/G ratio of 2.47 and a beta of 0.90. The company has a 50-day moving average of $442.89 and a two-hundred day moving average of $438.60.

Domino’s Pizza (NASDAQ:DPZ) last posted its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. Domino’s Pizza’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.18 earnings per share. As a group, equities research analysts forecast that Domino’s Pizza, Inc. will post 16.82 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Kevin Scott Morris sold 2,646 shares of the business’s 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 directly owns 1,966 shares of the company’s stock, valued at $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the sale, the director now directly owns 15,390 shares of the company’s stock, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by insiders.

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.