Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Acquired by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC lifted its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 19.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,389 shares of the restaurant operator’s stock after acquiring an additional 543 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Domino’s Pizza were worth $1,423,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Apollon Wealth Management LLC lifted its holdings in shares of Domino’s Pizza by 65.0% in the 4th quarter. Apollon Wealth Management LLC now owns 774 shares of the restaurant operator’s stock valued at $325,000 after buying an additional 305 shares during the period. William Allan Corp boosted its position in Domino’s Pizza by 4.7% in the 4th quarter. William Allan Corp now owns 2,912 shares of the restaurant operator’s stock worth $1,222,000 after purchasing an additional 131 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Domino’s Pizza by 2.7% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 3,873 shares of the restaurant operator’s stock valued at $1,626,000 after purchasing an additional 103 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Domino’s Pizza by 14.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,255 shares of the restaurant operator’s stock valued at $8,130,000 after purchasing an additional 2,484 shares during the period. Finally, Mather Group LLC. grew its position in Domino’s Pizza by 55.0% during the fourth quarter. Mather Group LLC. now owns 1,060 shares of the restaurant operator’s stock valued at $445,000 after buying an additional 376 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

NASDAQ DPZ opened at $466.74 on Friday. The stock has a market capitalization of $16.12 billion, a P/E ratio of 28.67, a PEG ratio of 2.46 and a beta of 0.90. The firm’s 50-day moving average is $438.31 and its two-hundred day moving average is $431.64. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, EVP Kevin Scott Morris sold 2,646 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $902,394. This represents a 57.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.76% of the company’s stock.

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.