Pacer Advisors Inc. Increases Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Pacer Advisors Inc. boosted its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 66.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,373 shares of the restaurant operator’s stock after buying an additional 1,752 shares during the quarter. Pacer Advisors Inc.’s holdings in Domino’s Pizza were worth $1,836,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Mather Group LLC. boosted its stake in Domino’s Pizza by 5.7% during the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock worth $294,000 after buying an additional 37 shares during the period. Vontobel Holding Ltd. boosted its stake in 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 buying an additional 40 shares during the period. Shepherd Financial Partners LLC lifted its position in shares of Domino’s Pizza by 2.0% during the third quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock worth $863,000 after purchasing an additional 40 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of Domino’s Pizza by 10.3% during the third quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock worth $185,000 after purchasing an additional 40 shares in the last quarter. Finally, Atomi Financial Group Inc. lifted its position in shares of Domino’s Pizza by 8.4% during the fourth quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator’s stock worth $227,000 after purchasing an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president now directly 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 legal filing with the SEC, which is accessible through this link. Insiders own 0.76% of the company’s stock.

Domino’s Pizza Trading Down 0.4 %

Shares of DPZ opened at $449.12 on Friday. The firm has a market cap of $15.51 billion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 2.24 and a beta of 0.90. The company’s 50 day simple moving average is $439.28 and its 200-day simple moving average is $430.31. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Oppenheimer increased their price target 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. Royal Bank of Canada reduced their price target on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, October 11th. Morgan Stanley reduced their price target 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. JPMorgan Chase & Co. reduced their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. Finally, TD Cowen raised their target price 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and an average target price 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.