Handelsbanken Fonder AB Acquires 192 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

Handelsbanken Fonder AB increased its holdings in Domino’s Pizza, Inc. (NYSE:DPZGet Rating) by 4.7% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,300 shares of the restaurant operator’s stock after buying an additional 192 shares during the quarter. Handelsbanken Fonder AB’s holdings in Domino’s Pizza were worth $1,334,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Arizona State Retirement System increased its holdings in Domino’s Pizza by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 10,155 shares of the restaurant operator’s stock worth $3,958,000 after buying an additional 26 shares in the last quarter. Cetera Investment Advisers increased its holdings in Domino’s Pizza by 2.4% in the 2nd quarter. Cetera Investment Advisers now owns 1,242 shares of the restaurant operator’s stock worth $484,000 after buying an additional 29 shares in the last quarter. Hartford Investment Management Co. increased its holdings in Domino’s Pizza by 0.9% in the 2nd quarter. Hartford Investment Management Co. now owns 3,466 shares of the restaurant operator’s stock worth $1,351,000 after buying an additional 32 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in Domino’s Pizza by 6.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 533 shares of the restaurant operator’s stock worth $217,000 after buying an additional 33 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Domino’s Pizza by 1.0% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 3,215 shares of the restaurant operator’s stock worth $1,253,000 after buying an additional 33 shares in the last quarter. 90.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on DPZ shares. Guggenheim reduced their price objective on Domino’s Pizza from $400.00 to $350.00 and set a “neutral” rating for the company in a report on Friday, October 7th. Cowen cut their price target on Domino’s Pizza from $410.00 to $362.00 and set a “market perform” rating for the company in a research note on Tuesday, September 27th. Royal Bank of Canada cut their price target on Domino’s Pizza from $460.00 to $430.00 and set an “outperform” rating for the company in a research note on Tuesday, October 11th. The Goldman Sachs Group cut their price target on Domino’s Pizza from $432.00 to $373.00 and set a “neutral” rating for the company in a research note on Friday, October 14th. Finally, Citigroup boosted their price target on Domino’s Pizza from $407.00 to $441.00 and gave the company a “buy” rating in a research note on Wednesday, November 30th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $396.24.

Insider Buying and Selling

In related news, Director Patricia E. Lopez sold 244 shares of the business’s stock in a transaction that occurred on Friday, December 23rd. The stock was sold at an average price of $351.93, for a total value of $85,870.92. Following the transaction, the director now directly owns 1,519 shares of the company’s stock, valued at approximately $534,581.67. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director James A. Goldman sold 399 shares of the company’s stock in a transaction that occurred on Tuesday, October 25th. The stock was sold at an average price of $330.00, for a total transaction of $131,670.00. Following the sale, the director now directly owns 6,123 shares of the company’s stock, valued at approximately $2,020,590. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Patricia E. Lopez sold 244 shares of the company’s stock in a transaction that occurred on Friday, December 23rd. The stock was sold at an average price of $351.93, for a total value of $85,870.92. Following the sale, the director now directly owns 1,519 shares in the company, valued at $534,581.67. The disclosure for this sale can be found here. 1.12% of the stock is owned by insiders.

Domino’s Pizza Trading Up 1.8 %

NYSE DPZ opened at $339.73 on Wednesday. The stock’s 50 day moving average is $361.15 and its 200 day moving average is $364.75. Domino’s Pizza, Inc. has a 12 month low of $299.41 and a 12 month high of $509.01. The stock has a market cap of $12.03 billion, a PE ratio of 27.49, a P/E/G ratio of 1.93 and a beta of 0.75.

Domino’s Pizza (NYSE:DPZGet Rating) last posted its quarterly earnings results on Thursday, October 13th. The restaurant operator reported $2.79 EPS for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.16). Domino’s Pizza had a negative return on equity of 10.64% and a net margin of 10.02%. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the firm posted $3.24 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts forecast that Domino’s Pizza, Inc. will post 12.03 EPS for the current fiscal year.

Domino’s Pizza Company Profile

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Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino's Pizza (NYSE:DPZ)

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