Buckingham Capital Management Inc. Purchases 3,498 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Buckingham Capital Management Inc. increased its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 54.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,954 shares of the restaurant operator’s stock after buying an additional 3,498 shares during the period. Buckingham Capital Management Inc.’s holdings in Domino’s Pizza were worth $4,178,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DPZ. Net Worth Advisory Group acquired a new stake in shares of Domino’s Pizza in the third quarter valued at approximately $289,000. Capital Investment Advisors LLC raised its position in shares of Domino’s Pizza by 7.5% in the third quarter. Capital Investment Advisors LLC now owns 2,077 shares of the restaurant operator’s stock valued at $894,000 after buying an additional 145 shares in the last quarter. Blue Trust Inc. raised its position in shares of 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 buying an additional 63 shares in the last quarter. Castleview Partners LLC raised its position in shares of Domino’s Pizza by 4.0% in the third quarter. Castleview Partners LLC now owns 1,286 shares of the restaurant operator’s stock valued at $553,000 after buying an additional 50 shares in the last quarter. Finally, Whittier Trust Co. raised its position in shares of Domino’s Pizza by 3.1% in the third quarter. Whittier Trust Co. now owns 17,709 shares of the restaurant operator’s stock valued at $7,617,000 after buying an additional 533 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Down 0.7 %

NASDAQ DPZ opened at $476.66 on Tuesday. The company has a market capitalization of $16.46 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 2.46 and a beta of 0.90. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The stock has a fifty day simple moving average of $439.82 and a 200 day simple moving average of $433.79.

Analyst Ratings Changes

DPZ has been the subject of several recent analyst reports. Oppenheimer upped their target price 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. TD Cowen upped their target price 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. Morgan Stanley cut their target price on 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. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and upped their target price for the stock from $419.00 to $559.00 in a research note on Friday, November 8th. Finally, Barclays cut their target price on 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 investment analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $502.33.

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.