Cabot Wealth Management Inc. Has $7.98 Million Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Cabot Wealth Management Inc. raised its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,000 shares of the restaurant operator’s stock after acquiring an additional 1,738 shares during the period. Cabot Wealth Management Inc. owned about 0.06% of Domino’s Pizza worth $7,975,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. First Horizon Advisors Inc. increased its position in Domino’s Pizza by 105.8% during the 4th quarter. First Horizon Advisors Inc. now owns 883 shares of the restaurant operator’s stock worth $371,000 after purchasing an additional 454 shares in the last quarter. Dividend Assets Capital LLC lifted its stake in shares of Domino’s Pizza by 31.9% in the 4th quarter. Dividend Assets Capital LLC now owns 7,053 shares of the restaurant operator’s stock valued at $2,961,000 after acquiring an additional 1,707 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Domino’s Pizza by 8.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 2,357 shares of the restaurant operator’s stock valued at $989,000 after acquiring an additional 188 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of Domino’s Pizza by 5.5% during the 4th quarter. Handelsbanken Fonder AB now owns 5,569 shares of the restaurant operator’s stock valued at $2,338,000 after acquiring an additional 291 shares in the last quarter. Finally, Cumberland Partners Ltd grew its position in Domino’s Pizza by 275.0% during the 4th quarter. Cumberland Partners Ltd now owns 3,750 shares of the restaurant operator’s stock worth $1,574,000 after acquiring an additional 2,750 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of recent research reports. Oppenheimer lifted their price target on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 target price on shares of Domino’s Pizza in a research report on Thursday. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and upped their price target for the company from $419.00 to $559.00 in a research report on Friday, November 8th. Morgan Stanley cut 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. Finally, TD Cowen boosted their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, seven have given 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.67.

Domino’s Pizza Trading Down 2.0 %

Shares of DPZ stock opened at $462.37 on Friday. 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 capitalization of $15.97 billion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The firm has a fifty day simple moving average of $440.97 and a two-hundred day simple moving average of $434.95.

Domino’s Pizza 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.