Domino’s Pizza, Inc. (NASDAQ:DPZ) Holdings Trimmed by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D trimmed its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 2.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,586 shares of the restaurant operator’s stock after selling 378 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Domino’s Pizza were worth $5,283,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Berkshire Hathaway Inc acquired a new stake in shares of Domino’s Pizza in the 3rd quarter valued at $549,399,000. International Assets Investment Management LLC lifted its position in Domino’s Pizza by 40,191.5% during the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after acquiring an additional 522,490 shares during the last quarter. FMR LLC boosted its holdings in Domino’s Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock valued at $941,936,000 after acquiring an additional 307,528 shares during the period. Champlain Investment Partners LLC bought a new stake in Domino’s Pizza during the third quarter valued at about $99,352,000. Finally, Vaughan Nelson Investment Management L.P. bought a new stake in Domino’s Pizza during the fourth quarter valued at about $41,701,000. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DPZ has been the subject of a number of recent analyst reports. Oppenheimer upped their price target on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Morgan Stanley decreased their price target on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Citigroup upped their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday. TD Cowen upped their price target on shares of Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. Finally, Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and increased their target price for the company from $419.00 to $559.00 in a research note on Friday, November 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average target price of $505.30.

Domino’s Pizza Trading Down 0.4 %

DPZ stock opened at $475.42 on Thursday. The firm has a 50 day moving average of $440.65 and a 200-day moving average of $434.42. 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 $16.42 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 2.49 and a beta of 0.90.

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.