Asset Management One Co. Ltd. Buys 578 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Asset Management One Co. Ltd. boosted its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 4.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,762 shares of the restaurant operator’s stock after purchasing an additional 578 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Domino’s Pizza were worth $5,912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DPZ. Berkshire Hathaway Inc acquired a new position in Domino’s Pizza in the third quarter valued at about $549,399,000. International Assets Investment Management LLC grew its stake in Domino’s Pizza by 40,191.5% in the third quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock valued at $225,303,000 after acquiring an additional 522,490 shares during the period. FMR LLC grew its stake in Domino’s Pizza by 16.3% in 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 acquired a new position in Domino’s Pizza in the third quarter valued at about $99,352,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in Domino’s Pizza in the fourth quarter valued at about $41,701,000. Institutional investors own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DPZ shares. TD Cowen boosted their target price on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Oppenheimer upped their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Loop Capital raised Domino’s Pizza from a “hold” rating to a “buy” rating and upped their price objective for the stock from $419.00 to $559.00 in a research report on Friday, November 8th. Barclays reduced their price objective on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a research report on Friday, January 24th. Finally, Morgan Stanley reduced their price objective on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. One investment 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $502.33.

Domino’s Pizza Trading Up 0.2 %

Shares of NASDAQ DPZ opened at $477.81 on Wednesday. The firm has a market cap of $16.50 billion, a P/E ratio of 29.35, a price-to-earnings-growth ratio of 2.46 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. The business’s 50 day moving average is $440.29 and its 200-day moving average is $434.13.

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.