Robeco Institutional Asset Management B.V. lessened its stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 81.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,895 shares of the restaurant operator's stock after selling 17,400 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Domino's Pizza were worth $1,635,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in DPZ. Mather Group LLC. raised its position in shares of Domino's Pizza by 5.7% in the 3rd quarter. Mather Group LLC. now owns 684 shares of the restaurant operator's stock valued at $294,000 after purchasing an additional 37 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Domino's Pizza by 0.5% during the third quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator's stock worth $3,266,000 after purchasing an additional 40 shares during the last quarter. Shepherd Financial Partners LLC lifted its position in Domino's Pizza by 2.0% during the third quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator's stock valued at $863,000 after purchasing an additional 40 shares during the period. First Horizon Advisors Inc. grew its position in Domino's Pizza by 10.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator's stock worth $185,000 after purchasing an additional 40 shares during the period. Finally, Atomi Financial Group Inc. lifted its holdings in shares of Domino's Pizza by 8.4% in the 4th quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator's stock valued at $227,000 after buying an additional 42 shares during the period. Hedge funds and other institutional investors own 94.63% of the company's stock.
Domino's Pizza Trading Down 0.8 %
DPZ traded down $3.82 on Friday, hitting $466.74. 437,356 shares of the company were exchanged, compared to its average volume of 579,853. Domino's Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The firm has a 50-day moving average price of $438.31 and a two-hundred day moving average price of $431.58. The company has a market cap of $16.12 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on DPZ shares. Citigroup cut their price target on Domino's Pizza from $450.00 to $440.00 and set a "neutral" rating for the company in a research note on Friday, October 11th. Wells Fargo & Company reduced their target price on Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating for the company in a research note on Friday, October 11th. Wedbush reissued an "outperform" rating and issued a $470.00 price target on shares of Domino's Pizza in a research note on Friday, October 11th. Barclays reduced their price objective on shares of Domino's Pizza from $412.00 to $402.00 and set an "underweight" rating for the company in a research report on Friday, January 24th. Finally, TD Cowen lifted their target price on shares of Domino's Pizza from $475.00 to $515.00 and gave the company a "buy" rating in a research report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $502.33.
Get Our Latest Report on Domino's Pizza
Insider Activity
In other news, EVP Kevin Scott Morris sold 2,646 shares of Domino's Pizza stock in a transaction on Friday, November 15th. The shares were sold at an average price of $459.00, for a total value of $1,214,514.00. Following the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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.
Further Reading
Before you consider Domino's Pizza, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Domino's Pizza wasn't on the list.
While Domino's Pizza currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
