Vaughan Nelson Investment Management L.P. Takes $41.70 Million Position in Domino's Pizza, Inc. (NASDAQ:DPZ)

Vaughan Nelson Investment Management L.P. bought a new position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 99,345 shares of the restaurant operator's stock, valued at approximately $41,701,000. Vaughan Nelson Investment Management L.P. owned about 0.29% of Domino's Pizza at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Czech National Bank increased its position in Domino's Pizza by 7.2% during the 3rd quarter. Czech National Bank now owns 7,124 shares of the restaurant operator's stock worth $3,064,000 after purchasing an additional 478 shares in the last quarter. Mather Group LLC. grew its stake in shares of Domino's Pizza by 5.7% during the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator's stock worth $294,000 after buying an additional 37 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Domino's Pizza by 5.1% during the third quarter. Brookstone Capital Management now owns 5,571 shares of the restaurant operator's stock worth $2,396,000 after buying an additional 269 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Domino's Pizza in the 3rd quarter valued at $43,000. Finally, Peak Financial Advisors LLC acquired a new stake in shares of Domino's Pizza during the 3rd quarter valued at $2,984,000. Institutional investors and hedge funds own 94.63% of the company's stock.

Insider Transactions at Domino's Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of Domino's Pizza stock in a transaction that occurred on 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 transaction, the executive vice president now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.76% of the stock is currently owned by insiders.

Domino's Pizza Price Performance

Shares of NASDAQ:DPZ traded up $8.20 during trading on Monday, reaching $474.94. 451,030 shares of the stock were exchanged, compared to its average volume of 574,907. The firm has a market cap of $16.40 billion, a price-to-earnings ratio of 29.17, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90. The stock has a fifty day moving average of $438.49 and a two-hundred day moving average of $432.03. Domino's Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DPZ. TD Cowen upped their price objective on Domino's Pizza from $475.00 to $515.00 and gave the company a "buy" rating in a research note on Monday, November 25th. Loop Capital upgraded shares of Domino's Pizza from a "hold" rating to a "buy" rating and upped their price target for the company from $419.00 to $559.00 in a research report on Friday, November 8th. Barclays cut their price target on shares of Domino's Pizza from $412.00 to $402.00 and set an "underweight" rating on the stock in a report on Friday, January 24th. Oppenheimer increased their price objective on Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Finally, Morgan Stanley cut their target price on Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $502.33.

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.