Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Bought by Fortune Financial Advisors LLC

Fortune Financial Advisors LLC grew its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,846 shares of the restaurant operator’s stock after buying an additional 113 shares during the quarter. Fortune Financial Advisors LLC’s holdings in Domino’s Pizza were worth $775,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DPZ. Berkshire Hathaway Inc acquired a new stake in Domino’s Pizza in the third quarter valued at approximately $549,399,000. Janney Montgomery Scott LLC raised its holdings in shares of Domino’s Pizza by 278.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock valued at $4,643,000 after purchasing an additional 8,136 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Domino’s Pizza by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock valued at $98,545,000 after purchasing an additional 2,201 shares in the last quarter. Commerce Bank lifted its position in shares of Domino’s Pizza by 17.7% during the 3rd quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock worth $4,024,000 after purchasing an additional 1,404 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new position in shares of Domino’s Pizza during the third quarter worth $1,154,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Analysts Set New Price Targets

DPZ has been the topic of a number of analyst reports. TD Cowen lifted their price target on Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Citigroup decreased their target price on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a research note on Friday, October 11th. Jefferies Financial Group dropped their price target on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating on the stock in a research note on Friday, October 11th. Benchmark restated a “buy” rating and set a $520.00 price objective on shares of Domino’s Pizza in a research report on Friday, October 11th. Finally, Stephens lowered their target price on shares of 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $502.33.

Domino’s Pizza Trading Up 5.4 %

Shares of DPZ stock opened at $450.80 on Friday. The stock has a 50 day simple moving average of $439.35 and a 200-day simple moving average of $430.96. The company has a market cap of $15.57 billion, a price-to-earnings ratio of 27.69, a price-to-earnings-growth ratio of 2.24 and a beta of 0.90. 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 related news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were 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 owns 1,966 shares in the company, valued at $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.76% of the stock is currently owned by corporate insiders.

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.