Moloney Securities Asset Management LLC Raises Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Moloney Securities Asset Management LLC grew its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 19.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,389 shares of the restaurant operator’s stock after purchasing an additional 543 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Domino’s Pizza were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC increased its stake in Domino’s Pizza by 16.3% in the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after buying an additional 307,528 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Domino’s Pizza by 1.4% in the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock worth $716,681,000 after acquiring an additional 23,681 shares during the period. Berkshire Hathaway Inc purchased a new stake in shares of Domino’s Pizza during the third quarter worth about $549,399,000. International Assets Investment Management LLC grew its position in shares of 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 in the last quarter. Finally, Champlain Investment Partners LLC bought a new stake in Domino’s Pizza during the 3rd quarter valued at approximately $99,352,000. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Trading Down 0.8 %

DPZ opened at $466.74 on Friday. The company has a market capitalization of $16.12 billion, a price-to-earnings ratio of 28.67, a PEG ratio of 2.46 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. The business’s fifty day simple moving average is $438.31 and its 200-day simple moving average is $431.64.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. TD Cowen upped their price target on Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Barclays dropped their target price 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. Morgan Stanley reduced 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 report on Tuesday, January 21st. Loop Capital raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and increased their price objective for the company from $419.00 to $559.00 in a report on Friday, November 8th. Finally, Oppenheimer lifted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus price target of $502.33.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.76% of the company’s stock.

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.