Sylvest Advisors LLC Invests $287,000 in Domino's Pizza, Inc. (NASDAQ:DPZ)

Sylvest Advisors LLC bought a new stake in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 683 shares of the restaurant operator's stock, valued at approximately $287,000.

Other institutional investors also recently modified their holdings of the company. True Wealth Design LLC lifted its position in shares of 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 period. Central Pacific Bank Trust Division acquired a new stake in Domino's Pizza during the third quarter worth approximately $30,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Domino's Pizza during the 3rd quarter worth approximately $43,000. Blue Trust Inc. increased its stake in Domino's Pizza by 100.0% in the third quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator's stock valued at $54,000 after purchasing an additional 63 shares in the last quarter. Finally, Rakuten Securities Inc. boosted its position in shares of 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 purchasing an additional 88 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Wells Fargo & Company cut their price target on Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating on the stock in a report on Friday, October 11th. BTIG Research reduced their price objective on shares of Domino's Pizza from $580.00 to $500.00 and set a "buy" rating for the company in a report on Friday, October 11th. Barclays dropped 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 research report on Friday, January 24th. BMO Capital Markets lowered their price target on Domino's Pizza from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Friday, October 11th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Domino's Pizza from $470.00 to $450.00 and set a "neutral" rating for the company in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Domino's Pizza presently has a consensus rating of "Moderate Buy" and a consensus target price of $502.33.

Domino's Pizza Stock Performance

Shares of NASDAQ DPZ traded down $10.04 during trading on Wednesday, hitting $455.89. The company had a trading volume of 457,610 shares, compared to its average volume of 576,536. The stock has a 50 day simple moving average of $438.87 and a 200 day simple moving average of $430.78. The firm has a market capitalization of $15.74 billion, a P/E ratio of 27.96, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

Insider Transactions at Domino's Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the firm's stock in a transaction dated 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 completion of the sale, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. This trade represents a 57.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.81% of the company's stock.

Domino's Pizza 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.