Sumitomo Mitsui DS Asset Management Company Ltd Has $1.63 Million Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,873 shares of the restaurant operator’s stock after purchasing an additional 103 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Domino’s Pizza were worth $1,626,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. KG&L Capital Management LLC raised its holdings in Domino’s Pizza by 1.4% during the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock worth $724,000 after buying an additional 23 shares during the period. Greenleaf Trust increased its position in shares of Domino’s Pizza by 3.1% during the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock worth $358,000 after acquiring an additional 26 shares in the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Domino’s Pizza by 0.5% during the third quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock worth $3,266,000 after acquiring an additional 40 shares during the period. Shepherd Financial Partners LLC lifted its position in Domino’s Pizza by 2.0% in the 3rd quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock valued at $863,000 after acquiring an additional 40 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in Domino’s Pizza by 10.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock worth $185,000 after purchasing an additional 40 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ stock opened at $474.94 on Tuesday. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The company has a market capitalization of $16.40 billion, a price-to-earnings ratio of 29.17, a PEG ratio of 2.46 and a beta of 0.90. The company has a 50-day simple moving average of $438.49 and a 200 day simple moving average of $432.03.

Insiders Place Their Bets

In other news, EVP Kevin Scott Morris sold 2,646 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the transaction, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Morgan Stanley dropped their price target on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. TD Cowen lifted their target price on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Barclays reduced their price target on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a research report on Friday, January 24th. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their price objective for the company from $419.00 to $559.00 in a report on Friday, November 8th. Finally, Oppenheimer boosted their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus price target of $502.33.

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.