Linden Thomas Advisory Services LLC Lowers Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Linden Thomas Advisory Services LLC lowered its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,266 shares of the restaurant operator’s stock after selling 35 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Domino’s Pizza were worth $1,371,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in DPZ. Berkshire Hathaway Inc purchased a new position in Domino’s Pizza in the third quarter worth about $549,399,000. International Assets Investment Management LLC grew its position in Domino’s Pizza by 40,191.5% during the third quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock valued at $225,303,000 after buying an additional 522,490 shares during the period. FMR LLC grew its position in Domino’s Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock valued at $941,936,000 after buying an additional 307,528 shares during the period. Champlain Investment Partners LLC bought a new stake in Domino’s Pizza during the third quarter valued at approximately $99,352,000. Finally, Jennison Associates LLC boosted its position in shares of Domino’s Pizza by 75.3% in the third quarter. Jennison Associates LLC now owns 214,473 shares of the restaurant operator’s stock worth $92,253,000 after purchasing an additional 92,137 shares during the period. Institutional investors own 94.63% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Citigroup lowered 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 report on Friday, October 11th. Wedbush reissued an “outperform” rating and issued a $470.00 target price on shares of Domino’s Pizza in a research note 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 note on Tuesday, January 21st. Stephens reduced their price target on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a research note on Friday, October 11th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $502.33.

Domino’s Pizza Trading Down 3.0 %

DPZ stock opened at $434.23 on Friday. The company has a market capitalization of $14.99 billion, a P/E ratio of 26.67, a PEG ratio of 2.26 and a beta of 0.90. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The firm has a 50 day simple moving average of $439.96 and a 200-day simple moving average of $431.90.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction dated 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 directly owns 1,966 shares in the company, valued at approximately $902,394. The trade was a 57.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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.