Louisiana State Employees Retirement System Sells 100 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Louisiana State Employees Retirement System cut its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,900 shares of the restaurant operator’s stock after selling 100 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Domino’s Pizza were worth $798,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC raised its position in Domino’s Pizza by 7.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 1,895 shares of the restaurant operator’s stock valued at $795,000 after purchasing an additional 127 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in shares of Domino’s Pizza during the fourth quarter worth about $41,701,000. Stephens Inc. AR raised its position in shares of Domino’s Pizza by 1.3% during the fourth quarter. Stephens Inc. AR now owns 2,413 shares of the restaurant operator’s stock worth $1,013,000 after acquiring an additional 31 shares during the last quarter. Entropy Technologies LP bought a new position in shares of Domino’s Pizza during the fourth quarter worth about $540,000. Finally, Empowered Funds LLC raised its position in shares of Domino’s Pizza by 44.6% during the fourth quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock worth $2,398,000 after acquiring an additional 1,762 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. TD Cowen raised their price objective on Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their price objective for the stock from $419.00 to $559.00 in a research report on Friday, November 8th. Barclays lowered 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. Morgan Stanley lowered their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Finally, Oppenheimer lifted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza has an average rating of “Moderate Buy” and an average target price of $502.33.

Domino’s Pizza Stock Up 0.2 %

Shares of NASDAQ:DPZ opened at $477.81 on Wednesday. The stock has a market cap of $16.50 billion, a price-to-earnings ratio of 29.35, a PEG ratio of 2.46 and a beta of 0.90. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The business’s 50 day moving average is $440.29 and its 200 day moving average is $434.13.

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.