Robeco Institutional Asset Management B.V. Has $1.64 Million Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Robeco Institutional Asset Management B.V. trimmed its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 81.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,895 shares of the restaurant operator’s stock after selling 17,400 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Domino’s Pizza were worth $1,635,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacer Advisors Inc. grew its holdings in Domino’s Pizza by 66.8% during the 4th quarter. Pacer Advisors Inc. now owns 4,373 shares of the restaurant operator’s stock worth $1,836,000 after acquiring an additional 1,752 shares during the period. Cornerstone Wealth Group LLC bought a new position in shares of Domino’s Pizza during the 4th quarter worth about $6,077,000. Union Bancaire Privee UBP SA bought a new position in shares of Domino’s Pizza during the 4th quarter worth about $334,000. Blue Trust Inc. boosted its position in shares of Domino’s Pizza by 57.9% during the 4th quarter. Blue Trust Inc. now owns 199 shares of the restaurant operator’s stock worth $86,000 after purchasing an additional 73 shares in the last quarter. Finally, Narwhal Capital Management boosted its position in shares of Domino’s Pizza by 84.6% during the 4th quarter. Narwhal Capital Management now owns 10,728 shares of the restaurant operator’s stock worth $4,503,000 after purchasing an additional 4,915 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Trading Up 1.5 %

NASDAQ:DPZ opened at $455.85 on Tuesday. The stock has a market capitalization of $15.74 billion, a PE ratio of 28.00, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90. The firm’s 50 day moving average is $439.01 and its 200 day moving average is $430.34. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at $902,394. The trade was a 57.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.76% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Morgan Stanley cut their price objective 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. Oppenheimer increased 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. Citigroup cut their price objective on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. BMO Capital Markets cut their price objective on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 11th. Finally, Piper Sandler cut their price target on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating for the company in a research note on Monday, October 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $502.33.

Domino’s Pizza 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.