626 Shares in Domino’s Pizza, Inc. (NASDAQ:DPZ) Bought by True North Advisors LLC

True North Advisors LLC bought a new stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 626 shares of the restaurant operator’s stock, valued at approximately $263,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. FMR LLC grew its stake in Domino’s Pizza by 16.3% in the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock valued at $941,936,000 after buying an additional 307,528 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Domino’s Pizza by 1.4% in the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock valued at $716,681,000 after purchasing an additional 23,681 shares during the last quarter. Berkshire Hathaway Inc acquired a new stake in shares of Domino’s Pizza in the third quarter valued at about $549,399,000. Marshfield Associates lifted its position in shares of Domino’s Pizza by 0.3% during the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after purchasing an additional 2,271 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Domino’s Pizza by 40,191.5% during the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after purchasing an additional 522,490 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the 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 sale, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at $902,394. This represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.76% of the company’s stock.

Domino’s Pizza Price Performance

DPZ stock opened at $447.76 on Friday. The business has a fifty day moving average price of $439.89 and a 200 day moving average price of $432.68. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The stock has a market capitalization of $15.46 billion, a price-to-earnings ratio of 27.50, a P/E/G ratio of 2.25 and a beta of 0.90.

Analysts Set New Price Targets

Several research analysts have commented on the company. Evercore ISI dropped their price target on Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating on the stock in a research report on Monday, October 7th. Morgan Stanley dropped their target price on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a report on Friday, October 11th. Stephens dropped their price objective on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $502.70.

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.