Domino’s Pizza, Inc. (NYSE:DPZ) Position Decreased by Andra AP fonden

Andra AP fonden decreased its holdings in shares of Domino’s Pizza, Inc. (NYSE:DPZ) by 3.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,800 shares of the restaurant operator’s stock after selling 300 shares during the period. Andra AP fonden’s holdings in Domino’s Pizza were worth $2,152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DPZ. Morgan Stanley boosted its holdings in Domino’s Pizza by 51.2% during the second quarter. Morgan Stanley now owns 291,648 shares of the restaurant operator’s stock worth $81,160,000 after buying an additional 98,716 shares in the last quarter. Stevens Capital Management LP lifted its position in shares of Domino’s Pizza by 124.6% during the 2nd quarter. Stevens Capital Management LP now owns 3,416 shares of the restaurant operator’s stock valued at $951,000 after acquiring an additional 1,895 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Domino’s Pizza by 62.2% during the 2nd quarter. Victory Capital Management Inc. now owns 353,333 shares of the restaurant operator’s stock valued at $98,325,000 after acquiring an additional 135,497 shares during the last quarter. Private Ocean LLC bought a new stake in shares of Domino’s Pizza during the 3rd quarter worth $30,000. Finally, Alpine Group USVI LLC bought a new stake in shares of Domino’s Pizza during the 3rd quarter worth $424,000. 95.16% of the stock is currently owned by institutional investors.

Shares of DPZ opened at $284.09 on Wednesday. The business’s 50-day moving average is $275.46 and its 200-day moving average is $262.59. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of 33.74, a P/E/G ratio of 2.12 and a beta of 0.49. Domino’s Pizza, Inc. has a fifty-two week low of $220.90 and a fifty-two week high of $302.05.

Domino’s Pizza (NYSE:DPZ) last announced its quarterly earnings data on Tuesday, October 8th. The restaurant operator reported $2.05 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.01). The company had revenue of $820.81 million for the quarter, compared to analysts’ expectations of $827.23 million. Domino’s Pizza had a net margin of 10.79% and a negative return on equity of 12.92%. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.95 earnings per share. On average, equities analysts predict that Domino’s Pizza, Inc. will post 9.4 earnings per share for the current year.

In other Domino’s Pizza news, Director James A. Goldman sold 2,486 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $279.98, for a total value of $696,030.28. Following the completion of the sale, the director now owns 5,209 shares in the company, valued at approximately $1,458,415.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.62% of the stock is owned by corporate insiders.

A number of brokerages have recently issued reports on DPZ. Deutsche Bank reaffirmed a “sell” rating and set a $208.00 target price on shares of Domino’s Pizza in a research report on Wednesday, October 30th. JPMorgan Chase & Co. upped their target price on Domino’s Pizza from $265.00 to $275.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. Longbow Research set a $320.00 price target on Domino’s Pizza and gave the company a “buy” rating in a research report on Monday, August 26th. BTIG Research set a $325.00 price target on Domino’s Pizza and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Finally, Maxim Group boosted their price objective on Domino’s Pizza from $280.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the company. Domino’s Pizza presently has a consensus rating of “Buy” and a consensus target price of $289.88.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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