Nisa Investment Advisors LLC Sells 75 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Nisa Investment Advisors LLC lessened its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 10.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 657 shares of the restaurant operator’s stock after selling 75 shares during the period. Nisa Investment Advisors LLC’s holdings in Domino’s Pizza were worth $276,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DPZ. True Wealth Design LLC raised its holdings in Domino’s Pizza by 2,033.3% during the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of Domino’s Pizza during the third quarter worth about $30,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Domino’s Pizza during the 3rd quarter valued at approximately $43,000. Blue Trust Inc. lifted its holdings in Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares in the last quarter. Finally, Rakuten Securities Inc. boosted its stake in Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 88 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of Domino’s Pizza stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at approximately $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.76% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DPZ shares. Barclays cut their price objective on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Oppenheimer increased their price objective 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. Benchmark reaffirmed a “buy” rating and issued a $520.00 target price on shares of Domino’s Pizza in a report on Friday, October 11th. Finally, Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and boosted their target price for the stock from $419.00 to $559.00 in a research report 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $502.33.

Domino’s Pizza Stock Performance

Shares of NASDAQ DPZ opened at $427.78 on Thursday. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The company has a market cap of $14.77 billion, a price-to-earnings ratio of 26.28, a PEG ratio of 2.26 and a beta of 0.90. The business’s 50 day moving average price is $439.27 and its 200-day moving average price is $430.82.

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.