Machina Capital S.A.S. Invests $1.56 Million in Domino’s Pizza Inc $DPZ

Machina Capital S.A.S. bought a new stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,606 shares of the restaurant operator’s stock, valued at approximately $1,557,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of Domino’s Pizza during the third quarter worth about $618,000. Alta Capital Management LLC raised its holdings in shares of Domino’s Pizza by 0.7% during the 3rd quarter. Alta Capital Management LLC now owns 8,788 shares of the restaurant operator’s stock valued at $3,794,000 after buying an additional 64 shares during the period. Allianz Asset Management GmbH lifted its position in Domino’s Pizza by 3.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,593 shares of the restaurant operator’s stock worth $688,000 after acquiring an additional 48 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in Domino’s Pizza by 85.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 141 shares of the restaurant operator’s stock worth $61,000 after acquiring an additional 65 shares in the last quarter. Finally, Bridges Investment Management Inc. boosted its holdings in Domino’s Pizza by 6.2% in the 3rd quarter. Bridges Investment Management Inc. now owns 6,164 shares of the restaurant operator’s stock worth $2,661,000 after acquiring an additional 362 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Domino’s Pizza

In other 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 directly owned 6,744 shares in the company, valued at approximately $2,927,300.64. This trade represents a 41.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DPZ shares. Hovde Group set a $460.00 target price on shares of Domino’s Pizza in a research report on Monday, January 5th. Wells Fargo & Company dropped their price target on shares of Domino’s Pizza from $450.00 to $430.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 22nd. Royal Bank Of Canada decreased their price objective on shares of Domino’s Pizza from $500.00 to $450.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 15th. Morgan Stanley reaffirmed an “equal weight” rating and set a $455.00 target price (down from $535.00) on shares of Domino’s Pizza in a research report on Tuesday, January 20th. Finally, TD Cowen cut Domino’s Pizza from a “buy” rating to a “hold” rating in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $480.56.

Domino’s Pizza Stock Up 0.2%

Shares of Domino’s Pizza stock opened at $401.73 on Thursday. The business has a 50-day moving average price of $416.74 and a 200 day moving average price of $428.11. Domino’s Pizza Inc has a fifty-two week low of $382.47 and a fifty-two week high of $500.55. The firm has a market cap of $13.57 billion, a P/E ratio of 23.48, a P/E/G ratio of 1.89 and a beta of 1.15.

Domino’s Pizza Company Profile

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.