Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 278.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 11,060 shares of the restaurant operator’s stock after buying an additional 8,136 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Domino’s Pizza were worth $4,643,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mather Group LLC. grew its stake in shares of Domino’s Pizza by 5.7% in the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock valued at $294,000 after buying an additional 37 shares in the last quarter. Vontobel Holding Ltd. grew its stake in shares of Domino’s Pizza by 0.5% in the third quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock valued at $3,266,000 after buying an additional 40 shares in the last quarter. Shepherd Financial Partners LLC grew its stake in shares of Domino’s Pizza by 2.0% in the third quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock valued at $863,000 after buying an additional 40 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of Domino’s Pizza by 10.3% in the third quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock valued at $185,000 after buying an additional 40 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its stake in shares of Domino’s Pizza by 8.4% in the fourth quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator’s stock valued at $227,000 after buying an additional 42 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Domino’s Pizza stock opened at $427.78 on Thursday. The stock has a 50-day simple moving average of $439.27 and a 200-day simple moving average of $430.82. The company has a market capitalization of $14.77 billion, a P/E ratio of 26.28, a PEG ratio of 2.26 and a beta of 0.90. Domino’s Pizza, Inc. has a fifty-two week low of $396.06 and a fifty-two week high of $542.75.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company dropped their price objective on Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating for the company in a research note on Friday, October 11th. Evercore ISI lowered their target price on Domino’s Pizza from $500.00 to $480.00 and set an “outperform” rating for the company in a research note on Monday, October 7th. Barclays lowered their target price on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a research note on Friday, January 24th. Royal Bank of Canada lowered their target price on Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating for the company in a research note on Friday, October 11th. Finally, Benchmark reissued a “buy” rating and set a $520.00 target price on shares of Domino’s Pizza in a research note on Friday, October 11th. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $502.33.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at $902,394. This represents a 57.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.76% of the stock is owned by company insiders.

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.