Dividend Assets Capital LLC Grows Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Dividend Assets Capital LLC grew its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 31.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,053 shares of the restaurant operator’s stock after buying an additional 1,707 shares during the period. Dividend Assets Capital LLC’s holdings in Domino’s Pizza were worth $2,961,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. True Wealth Design LLC grew its holdings in Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 61 shares in the last quarter. Blue Trust Inc. grew its holdings 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 purchasing an additional 63 shares during the period. Rakuten Securities Inc. grew its holdings in shares of Domino’s Pizza by 195.6% in the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after purchasing an additional 88 shares during the period. Allworth Financial LP increased its position in Domino’s Pizza by 37.6% during the fourth quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock worth $66,000 after purchasing an additional 41 shares during the last quarter. Finally, ORG Wealth Partners LLC raised its stake in Domino’s Pizza by 21.3% during the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock worth $110,000 after purchasing an additional 46 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DPZ. Citigroup raised their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a report on Wednesday. Loop Capital raised Domino’s Pizza from a “hold” rating to a “buy” rating and raised their target price for the stock from $419.00 to $559.00 in a research note on Friday, November 8th. Barclays decreased their price target on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating on the stock in a research note on Friday, January 24th. Morgan Stanley reduced their price objective 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, Oppenheimer increased their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. One equities research 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, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average price target of $505.67.

Domino’s Pizza Trading Down 2.0 %

Shares of DPZ stock opened at $462.37 on Friday. The company has a market cap of $15.97 billion, a P/E ratio of 28.40, a PEG ratio of 2.49 and a beta of 0.90. The firm has a fifty day moving average price of $440.97 and a 200 day moving average price of $434.91. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

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.