Diversified Trust Co Reduces Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Diversified Trust Co cut its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 5.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,540 shares of the restaurant operator’s stock after selling 97 shares during the quarter. Diversified Trust Co’s holdings in Domino’s Pizza were worth $646,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Doliver Advisors LP acquired a new position in shares of Domino’s Pizza during the fourth quarter valued at about $580,000. Pensionfund Sabic purchased a new stake in Domino’s Pizza during the 4th quarter worth approximately $1,175,000. GAMMA Investing LLC raised its holdings in shares of Domino’s Pizza by 19.3% in the fourth quarter. GAMMA Investing LLC now owns 483 shares of the restaurant operator’s stock worth $203,000 after buying an additional 78 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new stake in shares of Domino’s Pizza during the third quarter worth $1,649,000. Finally, Franklin Resources Inc. grew its holdings in shares of Domino’s Pizza by 42.8% during the third quarter. Franklin Resources Inc. now owns 27,031 shares of the restaurant operator’s stock valued at $11,571,000 after buying an additional 8,103 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on DPZ shares. Barclays increased their price objective on Domino’s Pizza from $370.00 to $412.00 and gave the company an “underweight” rating in a report on Tuesday. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and increased their price target for the stock from $419.00 to $559.00 in a report on Friday, November 8th. TD Cowen lifted their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Evercore ISI reduced their target price on shares of Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating for the company in a report on Monday, October 7th. Finally, Morgan Stanley lowered their price target on shares of Domino’s Pizza from $520.00 to $510.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $501.93.

Domino’s Pizza Stock Performance

Shares of DPZ opened at $402.33 on Friday. The stock has a 50 day moving average price of $442.89 and a 200 day moving average price of $438.60. Domino’s Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 2.47 and a beta of 0.90.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.54. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.18 earnings per share. On average, analysts predict that Domino’s Pizza, Inc. will post 16.82 earnings per share for the current year.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the sale, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at $902,394. This trade represents a 57.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew Balson sold 6,970 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. The trade was a 31.17 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by company insiders.

Domino’s Pizza Profile

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.