Union Bancaire Privee UBP SA purchased a new stake in shares of Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 796 shares of the restaurant operator's stock, valued at approximately $334,000.
Several other large investors have also made changes to their positions in DPZ. Berkshire Hathaway Inc bought a new stake in Domino's Pizza in the 3rd quarter valued at $549,399,000. Janney Montgomery Scott LLC increased its holdings in shares of Domino's Pizza by 278.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator's stock worth $4,643,000 after purchasing an additional 8,136 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Domino's Pizza by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator's stock worth $98,545,000 after buying an additional 2,201 shares in the last quarter. Commerce Bank lifted its position in shares of Domino's Pizza by 17.7% in the third quarter. Commerce Bank now owns 9,354 shares of the restaurant operator's stock worth $4,024,000 after buying an additional 1,404 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in Domino's Pizza during the third quarter valued at approximately $1,154,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.
Domino's Pizza Price Performance
NASDAQ DPZ traded down $1.68 during trading on Friday, reaching $449.12. 449,057 shares of the company's stock traded hands, compared to its average volume of 484,379. Domino's Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The firm has a market cap of $15.51 billion, a price-to-earnings ratio of 27.59, a price-to-earnings-growth ratio of 2.24 and a beta of 0.90. The company's 50 day simple moving average is $439.28 and its two-hundred day simple moving average is $430.31.
Insiders Place Their Bets
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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.76% of the stock is owned by company insiders.
Analysts Set New Price Targets
Several analysts have recently issued reports on the company. Citigroup decreased their price objective on Domino's Pizza from $450.00 to $440.00 and set a "neutral" rating on the stock in a report on Friday, October 11th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Domino's Pizza from $500.00 to $480.00 and set a "buy" rating on the stock in a research note on Friday, October 11th. Bank of America dropped their price objective on shares of Domino's Pizza from $582.00 to $557.00 and set a "buy" rating for the company in a research note on Friday, October 11th. BTIG Research decreased their target price on shares of Domino's Pizza from $580.00 to $500.00 and set a "buy" rating on the stock in a research report on Friday, October 11th. Finally, Wells Fargo & Company dropped their price target on Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating for the company in a research 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 given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Domino's Pizza has an average rating of "Moderate Buy" and a consensus price target of $502.33.
Get Our Latest Stock Report on Domino's Pizza
Domino's Pizza Company 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.
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