Sanctuary Advisors LLC Has $1.67 Million Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Sanctuary Advisors LLC cut its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 5.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,703 shares of the restaurant operator’s stock after selling 233 shares during the period. Sanctuary Advisors LLC’s holdings in Domino’s Pizza were worth $1,669,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Berkshire Hathaway Inc bought a new stake in shares of Domino’s Pizza in the 3rd quarter valued at about $549,399,000. Janney Montgomery Scott LLC boosted its holdings in Domino’s Pizza by 278.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock valued at $4,643,000 after acquiring an additional 8,136 shares during the last quarter. Empowered Funds LLC increased its position in Domino’s Pizza by 44.6% during the 4th quarter. Empowered Funds LLC now owns 5,713 shares of the restaurant operator’s stock valued at $2,398,000 after purchasing an additional 1,762 shares during the period. Charles Schwab Investment Management Inc. increased its position in Domino’s Pizza by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock valued at $98,545,000 after purchasing an additional 2,201 shares during the period. Finally, Commerce Bank raised its holdings in Domino’s Pizza by 17.7% during the 3rd quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock worth $4,024,000 after purchasing an additional 1,404 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Stock Performance

DPZ stock opened at $455.64 on Tuesday. The business has a 50-day simple moving average of $441.12 and a two-hundred day simple moving average of $435.12. The company has a market capitalization of $15.73 billion, a P/E ratio of 27.99, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75.

Domino’s Pizza (NASDAQ:DPZ) last announced its earnings results on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04). The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.48 EPS. As a group, sell-side analysts forecast that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Stephens reiterated an “equal weight” rating and set a $420.00 price objective on shares of Domino’s Pizza in a research report on Monday. Oppenheimer upped their price target on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. 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. Citigroup upped their target price on Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. Finally, Morgan Stanley decreased their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $501.41.

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.