MassMutual Private Wealth & Trust FSB grew its holdings in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 49.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,741 shares of the restaurant operator's stock after purchasing an additional 576 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in Domino's Pizza were worth $731,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in DPZ. Summit Trail Advisors LLC increased its position in shares of Domino's Pizza by 5.0% in the 2nd quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator's stock valued at $293,000 after purchasing an additional 27 shares during the last quarter. Mather Group LLC. increased its holdings in Domino's Pizza by 5.7% in the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator's stock valued at $294,000 after buying an additional 37 shares during the last quarter. Vontobel Holding Ltd. lifted 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 worth $3,266,000 after buying an additional 40 shares during the last quarter. Shepherd Financial Partners LLC boosted its holdings in shares of Domino's Pizza by 2.0% in 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. Finally, First Horizon Advisors Inc. grew its position in shares of Domino's Pizza by 10.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator's stock valued at $185,000 after buying an additional 40 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company's stock.
Insider Activity at Domino's Pizza
In other Domino's Pizza news, EVP Kevin Scott Morris sold 2,646 shares of Domino's Pizza stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares in the company, valued at $902,394. The trade was a 57.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.81% of the company's stock.
Domino's Pizza Stock Performance
DPZ stock traded up $1.29 during trading on Wednesday, hitting $442.09. The stock had a trading volume of 407,513 shares, compared to its average volume of 567,782. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 2.18 and a beta of 0.90. Domino's Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The company's 50 day moving average price is $439.60 and its two-hundred day moving average price is $432.51.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on DPZ shares. Loop Capital upgraded shares of Domino's Pizza from a "hold" rating to a "buy" rating and upped their price objective for the company from $419.00 to $559.00 in a research note on Friday, November 8th. Citigroup dropped their price target on Domino's Pizza from $450.00 to $440.00 and set a "neutral" rating on the stock in a research note on Friday, October 11th. Jefferies Financial Group reduced their price objective on Domino's Pizza from $455.00 to $450.00 and set a "hold" rating for the company in a research note on Friday, October 11th. Deutsche Bank Aktiengesellschaft lowered their target price 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. Finally, Evercore ISI decreased their price target on shares of Domino's Pizza from $500.00 to $480.00 and set an "outperform" rating for the company in a research note on Monday, October 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $502.70.
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Domino's Pizza Profile
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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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