Universal Beteiligungs und Servicegesellschaft mbH Cuts Stake in Domino’s Pizza Inc $DPZ

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZFree Report) by 53.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,056 shares of the restaurant operator’s stock after selling 17,238 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Domino’s Pizza were worth $6,500,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Railway Pension Investments Ltd raised its stake in shares of Domino’s Pizza by 304.2% during the third quarter. Railway Pension Investments Ltd now owns 9,700 shares of the restaurant operator’s stock valued at $4,188,000 after purchasing an additional 7,300 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in shares of Domino’s Pizza by 2.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 8,091 shares of the restaurant operator’s stock valued at $3,631,000 after purchasing an additional 228 shares during the period. Berkshire Hathaway Inc increased its stake in Domino’s Pizza by 0.5% during the 2nd quarter. Berkshire Hathaway Inc now owns 2,633,868 shares of the restaurant operator’s stock worth $1,186,821,000 after buying an additional 13,255 shares during the period. Bank of Nova Scotia lifted its holdings in Domino’s Pizza by 1,891.7% in the 2nd quarter. Bank of Nova Scotia now owns 71,920 shares of the restaurant operator’s stock worth $32,400,000 after buying an additional 68,309 shares in the last quarter. Finally, Sterling Capital Management LLC lifted its holdings in Domino’s Pizza by 2,076.8% in the 2nd quarter. Sterling Capital Management LLC now owns 180,084 shares of the restaurant operator’s stock worth $81,146,000 after buying an additional 171,811 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 4,870 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $434.06, for a total value of $2,113,872.20. Following the transaction, the executive vice president owned 6,744 shares of the company’s stock, valued at $2,927,300.64. This trade represents a 41.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.83% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on DPZ shares. Jefferies Financial Group lowered their target price on Domino’s Pizza from $490.00 to $455.00 and set a “hold” rating for the company in a research note on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Domino’s Pizza in a report on Monday, December 29th. Stifel Nicolaus reduced their target price on Domino’s Pizza from $510.00 to $485.00 and set a “buy” rating for the company in a research note on Wednesday, January 7th. Mizuho raised shares of Domino’s Pizza to a “strong-buy” rating in a research report on Tuesday, October 28th. Finally, Hovde Group set a $460.00 price target on shares of Domino’s Pizza in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Hold” and a consensus price target of $482.04.

Get Our Latest Stock Analysis on DPZ

Domino’s Pizza Trading Up 1.5%

Shares of DPZ opened at $411.50 on Monday. Domino’s Pizza Inc has a 52 week low of $382.47 and a 52 week high of $500.55. The firm has a market cap of $13.90 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 1.94 and a beta of 1.15. The stock has a 50 day moving average of $416.45 and a 200-day moving average of $431.19.

Domino’s Pizza Profile

(Free Report)

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

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

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