Annex Advisory Services LLC Raises Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Annex Advisory Services LLC boosted its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 43.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,096 shares of the restaurant operator’s stock after buying an additional 10,650 shares during the quarter. Annex Advisory Services LLC owned 0.10% of Domino’s Pizza worth $14,732,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. True Wealth Design LLC boosted its holdings in Domino’s Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 61 shares during the period. Central Pacific Bank Trust Division acquired a new stake in Domino’s Pizza in the third quarter valued at approximately $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Domino’s Pizza in the third quarter worth approximately $43,000. Blue Trust Inc. grew its holdings in Domino’s Pizza by 100.0% during the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after acquiring an additional 63 shares in the last quarter. Finally, Rakuten Securities Inc. increased its position in shares of Domino’s Pizza by 195.6% in the 3rd 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 last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the transaction, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at $902,394. This trade represents a 57.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DPZ. Wells Fargo & Company decreased their price objective on shares of Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating for the company in a research report on Friday, October 11th. Stephens lowered their price objective on Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a research report on Friday, October 11th. Deutsche Bank Aktiengesellschaft cut their target price on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Benchmark reiterated a “buy” rating and issued a $520.00 price target on shares of Domino’s Pizza in a research note on Friday, October 11th. Finally, Morgan Stanley reduced their price objective on shares of Domino’s Pizza from $520.00 to $510.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $503.22.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $427.35 on Monday. The stock’s 50 day moving average price is $439.98 and its 200 day moving average price is $433.37. The company has a market cap of $14.76 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 2.05 and a beta of 0.90. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75.

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.