Domino’s Pizza, Inc. (NYSE:DPZ) Receives Consensus Rating of “Hold” from Analysts

Domino’s Pizza, Inc. (NYSE:DPZ – Get Rating) has been given an average recommendation of “Hold” by the thirty-one research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $393.88.

Several research firms recently weighed in on DPZ. The Goldman Sachs Group reduced their price objective on shares of Domino’s Pizza from $432.00 to $373.00 and set a “neutral” rating for the company in a report on Friday, October 14th. Oppenheimer reduced their price objective on shares of Domino’s Pizza from $445.00 to $415.00 and set an “outperform” rating for the company in a report on Monday, October 3rd. StockNews.com began coverage on shares of Domino’s Pizza in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Credit Suisse Group reduced their price objective on shares of Domino’s Pizza from $425.00 to $375.00 and set a “neutral” rating for the company in a report on Monday, October 10th. Finally, Gordon Haskett raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating in a report on Tuesday, January 17th.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $339.34 on Wednesday. Domino’s Pizza has a 1 year low of $299.41 and a 1 year high of $463.72. The company has a market cap of $12.01 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 1.96 and a beta of 0.75. The firm has a fifty day moving average of $359.12 and a 200-day moving average of $360.94.

Insiders Place Their Bets

In other news, Director Patricia E. Lopez sold 244 shares of the company’s stock in a transaction dated 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 owns 1,519 shares in the company, valued at approximately $534,581.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.12% of the company’s stock.

Hedge Funds Weigh In On Domino’s Pizza

Large investors have recently made changes to their positions in the business. General Partner Inc. acquired a new position in shares of Domino’s Pizza in the 4th quarter valued at about $28,000. Twin Lakes Capital Management LLC acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at about $31,000. GPS Wealth Strategies Group LLC grew its stake in shares of Domino’s Pizza by 1,300.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 84 shares of the restaurant operator’s stock valued at $33,000 after buying an additional 78 shares in the last quarter. Private Trust Co. NA bought a new stake in shares of Domino’s Pizza in the 2nd quarter valued at approximately $35,000. Finally, First Horizon Advisors Inc. grew its stake in shares of Domino’s Pizza by 209.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 96 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 90.32% of the company’s stock.

About Domino’s Pizza

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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.