GAMMA Investing LLC Has $203,000 Position in Domino’s Pizza, Inc. (NYSE:DPZ)

GAMMA Investing LLC lifted its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 19.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 483 shares of the restaurant operator’s stock after acquiring an additional 78 shares during the period. GAMMA Investing LLC’s holdings in Domino’s Pizza were worth $203,000 at the end of the most recent quarter.

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

Domino’s Pizza Trading Down 3.2 %

Shares of DPZ opened at $410.90 on Wednesday. Domino’s Pizza, Inc. has a 12 month low of $395.08 and a 12 month high of $542.75. The firm’s 50 day moving average is $442.85 and its 200-day moving average is $438.96. The stock has a market capitalization of $14.19 billion, a PE ratio of 25.24, a P/E/G ratio of 2.47 and a beta of 0.90.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.54. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.18 EPS. Equities research analysts predict that Domino’s Pizza, Inc. will post 16.82 earnings per share for the current fiscal year.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the company’s 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 transaction, the executive vice president now directly owns 1,966 shares in the company, valued at $902,394. This represents a 57.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew Balson sold 6,970 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total transaction of $2,985,041.90. Following the completion of the sale, the director now owns 15,390 shares in the company, valued at $6,591,075.30. This represents a 31.17 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DPZ. Wells Fargo & Company cut their price objective on Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. TD Cowen upped their price target on shares of Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. BMO Capital Markets dropped their price objective on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 11th. Barclays upped their target price on shares of Domino’s Pizza from $370.00 to $412.00 and gave the stock an “underweight” rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $497.38.

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.