D.A. Davidson & CO. Buys 415 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

D.A. Davidson & CO. grew its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 9.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,928 shares of the restaurant operator’s stock after acquiring an additional 415 shares during the period. D.A. Davidson & CO.’s holdings in Domino’s Pizza were worth $2,069,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. True Wealth Design LLC increased its position in shares of 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 last quarter. Blue Trust Inc. increased its position in shares of Domino’s Pizza by 100.0% in the third quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares during the last quarter. Rakuten Securities Inc. increased its position 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 purchasing an additional 88 shares during the last quarter. Allworth Financial LP increased its position in shares of Domino’s Pizza by 37.6% in the fourth quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock worth $66,000 after purchasing an additional 41 shares during the last quarter. Finally, ORG Wealth Partners LLC increased its position in shares of Domino’s Pizza by 21.3% in the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock worth $110,000 after purchasing an additional 46 shares during the last quarter. 94.63% of the stock is currently owned by institutional investors.

Domino’s Pizza Trading Down 2.0 %

Shares of Domino’s Pizza stock opened at $462.37 on Friday. The firm has a market capitalization of $15.97 billion, a P/E ratio of 28.40, a P/E/G ratio of 2.49 and a beta of 0.90. The business has a fifty day simple moving average of $440.97 and a two-hundred day simple moving average of $434.91. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Citigroup upped their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday. Oppenheimer increased their price target on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and increased their price target for the company from $419.00 to $559.00 in a research report on Friday, November 8th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research report on Thursday. Finally, Morgan Stanley reduced their price target 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, January 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $505.67.

Domino’s Pizza Company 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.