Global Retirement Partners LLC Increases Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Global Retirement Partners LLC boosted its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,724 shares of the restaurant operator’s stock after purchasing an additional 80 shares during the period. Global Retirement Partners LLC’s holdings in Domino’s Pizza were worth $724,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DPZ. True Wealth Design LLC grew its position in shares of 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 worth $28,000 after buying an additional 61 shares during the last quarter. Blue Trust Inc. grew its position in shares of Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after buying an additional 63 shares during the last quarter. Rakuten Securities Inc. grew its position in shares of Domino’s Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after buying an additional 88 shares during the last quarter. Allworth Financial LP grew its position in shares of Domino’s Pizza by 37.6% in the 4th quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock worth $66,000 after buying an additional 41 shares during the last quarter. Finally, ORG Wealth Partners LLC grew its position in shares of Domino’s Pizza by 21.3% in the 4th quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock worth $110,000 after buying an additional 46 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

DPZ stock opened at $462.37 on Friday. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The business has a fifty day moving average price of $440.97 and a 200-day moving average price of $434.95. The stock has a market capitalization of $15.97 billion, a P/E ratio of 28.40, a P/E/G ratio of 2.47 and a beta of 0.90.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DPZ. Morgan Stanley cut their price objective on 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. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their price target for the company from $419.00 to $559.00 in a research report on Friday, November 8th. TD Cowen lifted their price target on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Oppenheimer lifted their price target on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.67.

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.