626 Shares in Domino's Pizza, Inc. (NASDAQ:DPZ) Purchased by True North Advisors LLC

True North 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 Securities & Exchange Commission. The institutional investor bought 626 shares of the restaurant operator's stock, valued at approximately $263,000.

Several other hedge funds also recently bought and sold shares of the stock. Berkshire Hathaway Inc acquired a new position in Domino's Pizza during the 3rd quarter worth about $549,399,000. International Assets Investment Management LLC increased its stake in Domino's Pizza by 40,191.5% during the third quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator's stock worth $225,303,000 after purchasing an additional 522,490 shares during the period. FMR LLC lifted its position in shares of Domino's Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator's stock worth $941,936,000 after purchasing an additional 307,528 shares in the last quarter. Champlain Investment Partners LLC purchased a new position in shares of Domino's Pizza in the third quarter valued at approximately $99,352,000. Finally, Point72 Asset Management L.P. acquired a new position in shares of Domino's Pizza in the second quarter valued at approximately $72,296,000. Hedge funds and other institutional investors own 94.63% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on DPZ. Barclays decreased their price target 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. Evercore ISI cut their price target on Domino's Pizza from $500.00 to $480.00 and set an "outperform" rating on the stock in a report on Monday, October 7th. Wells Fargo & Company decreased their price objective 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. Jefferies Financial Group cut their target price on shares of Domino's Pizza from $455.00 to $450.00 and set a "hold" rating on the stock in a research note on Friday, October 11th. Finally, Piper Sandler decreased their price target on shares of Domino's Pizza from $436.00 to $429.00 and set a "neutral" rating for the company in a research note on Monday, October 7th. 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $502.33.

Insider Activity at Domino's Pizza

In other Domino's Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president now owns 1,966 shares of the company's stock, valued at approximately $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.76% of the stock is owned by corporate insiders.

Domino's Pizza Price Performance

Domino's Pizza stock traded down $13.38 during trading hours on Friday, hitting $434.38. The stock had a trading volume of 460,987 shares, compared to its average volume of 563,670. Domino's Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The stock has a market capitalization of $15.00 billion, a price-to-earnings ratio of 26.73, a PEG ratio of 2.26 and a beta of 0.90. The stock's fifty day moving average is $439.89 and its two-hundred day moving average is $432.68.

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.