Quent Capital LLC Lowers Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Quent Capital LLC reduced its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 16.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152 shares of the restaurant operator’s stock after selling 31 shares during the period. Quent Capital LLC’s holdings in Domino’s Pizza were worth $64,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Domino’s Pizza in the third quarter valued at $43,000. Exchange Traded Concepts LLC raised its holdings in shares of Domino’s Pizza by 7,821.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,505 shares of the restaurant operator’s stock worth $647,000 after purchasing an additional 1,486 shares during the period. Vontobel Holding Ltd. lifted its stake in shares of Domino’s Pizza by 0.5% in the 3rd quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock valued at $3,266,000 after purchasing an additional 40 shares in the last quarter. CHB Investment Group LLC purchased a new stake in shares of Domino’s Pizza during the 3rd quarter worth about $2,223,000. Finally, V Square Quantitative Management LLC increased its position in Domino’s Pizza by 37.1% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,176 shares of the restaurant operator’s stock worth $506,000 after purchasing an additional 318 shares in the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley decreased their price objective on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Oppenheimer boosted their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their target price for the company from $419.00 to $559.00 in a report on Friday, November 8th. TD Cowen increased their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Finally, Barclays decreased 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 note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus price target of $502.33.

Domino’s Pizza Stock Up 1.8 %

Shares of NASDAQ:DPZ opened at $479.88 on Friday. The company has a market cap of $16.57 billion, a PE ratio of 29.48, a P/E/G ratio of 2.46 and a beta of 0.90. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The firm has a 50-day simple moving average of $439.11 and a 200 day simple moving average of $433.03.

About Domino’s Pizza

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.