Allworth Financial LP lifted its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ – Free Report) by 37.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150 shares of the restaurant operator’s stock after buying an additional 41 shares during the period. Allworth Financial LP’s holdings in Domino’s Pizza were worth $66,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of DPZ. KG&L Capital Management LLC grew its holdings in shares of Domino’s Pizza by 1.4% in the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock worth $724,000 after purchasing an additional 23 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of Domino’s Pizza by 3.1% in the 4th quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock worth $358,000 after acquiring an additional 26 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of Domino’s Pizza by 1.3% in the 4th 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 in the last quarter. Principal Securities Inc. increased its holdings in Domino’s Pizza by 3.3% during the 4th quarter. Principal Securities Inc. now owns 1,076 shares of the restaurant operator’s stock valued at $452,000 after purchasing an additional 34 shares in the last quarter. Finally, Shepherd Financial Partners LLC boosted its stake in Domino’s Pizza by 2.0% in the third quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock worth $863,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on DPZ shares. Morgan Stanley cut their price target 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. Citigroup raised their price target on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. TD Securities reaffirmed a “buy” rating and set a $490.00 price objective on shares of Domino’s Pizza in a report on Monday. TD Cowen reissued a “buy” rating and issued a $490.00 target price on shares of Domino’s Pizza in a research note on Monday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $501.41.
Domino’s Pizza Price Performance
DPZ opened at $455.64 on Tuesday. The company has a market capitalization of $15.73 billion, a price-to-earnings ratio of 27.99, a P/E/G ratio of 2.47 and a beta of 0.90. The business’s 50-day moving average price is $441.12 and its two-hundred day moving average price is $435.12. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its earnings results on Monday, February 24th. The restaurant operator reported $4.89 EPS for the quarter, missing the consensus estimate of $4.93 by ($0.04). Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the firm posted $4.48 EPS. The company’s revenue was up 2.9% on a year-over-year basis. Sell-side analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.
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.
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