Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Sold by LVW Advisors LLC

LVW Advisors LLC lowered its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 25.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,298 shares of the restaurant operator’s stock after selling 444 shares during the quarter. LVW Advisors LLC’s holdings in Domino’s Pizza were worth $545,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Annex Advisory Services LLC raised its stake in Domino’s Pizza by 43.6% in the 4th quarter. Annex Advisory Services LLC now owns 35,096 shares of the restaurant operator’s stock valued at $14,732,000 after purchasing an additional 10,650 shares during the last quarter. J2 Capital Management Inc acquired a new stake in shares of Domino’s Pizza in the fourth quarter valued at about $206,000. HB Wealth Management LLC lifted its stake in shares of Domino’s Pizza by 6.5% in the fourth quarter. HB Wealth Management LLC now owns 891 shares of the restaurant operator’s stock worth $374,000 after buying an additional 54 shares in the last quarter. Merit Financial Group LLC acquired a new position in Domino’s Pizza during the fourth quarter worth about $354,000. Finally, Avanza Fonder AB purchased a new stake in Domino’s Pizza during the 4th quarter valued at about $946,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Citigroup decreased their target price on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research note on Friday, October 11th. Stephens dropped their target price on Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. TD Cowen upped their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. Guggenheim cut their target price on Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a research note on Thursday, September 26th. Finally, Jefferies Financial Group reduced their price objective on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating on the stock in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $503.22.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the sale, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at approximately $902,394. The trade was a 57.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.81% of the company’s stock.

Domino’s Pizza Stock Up 2.0 %

DPZ stock opened at $427.35 on Tuesday. The stock has a market cap of $14.76 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 2.05 and a beta of 0.90. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75. The business has a 50 day moving average price of $439.59 and a 200 day moving average price of $432.88.

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.