Stephens Investment Management Group LLC lowered its position in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 0.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 187,625 shares of the restaurant operator's stock after selling 1,116 shares during the quarter. Domino's Pizza comprises approximately 1.1% of Stephens Investment Management Group LLC's holdings, making the stock its 26th largest holding. Stephens Investment Management Group LLC owned approximately 0.54% of Domino's Pizza worth $78,757,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC lifted its stake in shares of Domino's Pizza by 2,033.3% during the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator's stock worth $28,000 after purchasing an additional 61 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Domino's Pizza during the 3rd quarter valued at about $43,000. Blue Trust Inc. lifted its position in Domino's Pizza by 100.0% during the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator's stock worth $54,000 after acquiring an additional 63 shares in the last quarter. Rakuten Securities Inc. lifted its position in Domino's Pizza by 195.6% during the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator's stock worth $57,000 after acquiring an additional 88 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new position in Domino's Pizza in the 3rd quarter worth approximately $93,000. Institutional investors and hedge funds own 94.63% of the company's stock.
Insider Activity at Domino's Pizza
In related news, EVP Kevin Scott Morris sold 2,646 shares of the firm'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 transaction, the executive vice president now owns 1,966 shares in the company, valued at $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.76% of the stock is owned by insiders.
Analyst Ratings Changes
DPZ has been the topic of a number of analyst reports. Barclays dropped their price objective on shares of Domino's Pizza from $412.00 to $402.00 and set an "underweight" rating on the stock in a research note on Friday, January 24th. Morgan Stanley dropped their price target on shares of Domino's Pizza from $510.00 to $496.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Oppenheimer upped their price objective on shares of Domino's Pizza from $490.00 to $495.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. TD Cowen lifted their target price on Domino's Pizza from $475.00 to $515.00 and gave the stock a "buy" rating in a research report on Monday, November 25th. Finally, Loop Capital upgraded Domino's Pizza from a "hold" rating to a "buy" rating and boosted their price target for the stock from $419.00 to $559.00 in a research note on Friday, November 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Domino's Pizza has a consensus rating of "Moderate Buy" and a consensus target price of $502.33.
View Our Latest Analysis on DPZ
Domino's Pizza Stock Performance
Shares of NASDAQ:DPZ traded up $8.20 during trading hours on Monday, hitting $474.94. The stock had a trading volume of 451,030 shares, compared to its average volume of 574,907. The stock's fifty day simple moving average is $438.49 and its 200 day simple moving average is $432.03. The firm has a market capitalization of $16.40 billion, a price-to-earnings ratio of 29.17, a PEG ratio of 2.46 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.
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.
See Also
![Institutional Ownership by Quarter for Domino's Pizza (NASDAQ:DPZ)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=DPZ)
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