D.A. Davidson & CO. Buys 415 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

D.A. Davidson & CO. boosted its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 9.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,928 shares of the restaurant operator’s stock after purchasing an additional 415 shares during the quarter. D.A. Davidson & CO.’s holdings in Domino’s Pizza were worth $2,069,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of DPZ. True Wealth Design LLC grew its position in Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 61 shares during the period. Blue Trust Inc. grew its position in Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock valued at $54,000 after purchasing an additional 63 shares during the period. Rakuten Securities Inc. grew its position in Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after purchasing an additional 88 shares during the period. Allworth Financial LP grew its position in Domino’s Pizza by 37.6% in the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock valued at $66,000 after purchasing an additional 41 shares during the period. Finally, ORG Wealth Partners LLC grew its position in Domino’s Pizza by 21.3% in the 4th quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock valued at $110,000 after purchasing an additional 46 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Barclays reduced their price target on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a research report on Friday, January 24th. Citigroup lifted their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a report on Wednesday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Domino’s Pizza in a report on Thursday. 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 report on Tuesday, January 21st. Finally, TD Cowen lifted their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Monday, November 25th. 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $505.67.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $462.37 on Friday. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock’s 50-day simple moving average is $440.97 and its 200 day simple moving average is $434.91. The stock has a market capitalization of $15.97 billion, a P/E ratio of 28.40, a P/E/G ratio of 2.49 and a beta of 0.90.

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.