Dixon Mitchell Investment Counsel Inc. increased its position in Domino's Pizza, Inc. (NASDAQ:DPZ - Free Report) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,622 shares of the restaurant operator's stock after purchasing an additional 4,875 shares during the quarter. Domino's Pizza accounts for 2.5% of Dixon Mitchell Investment Counsel Inc.'s portfolio, making the stock its 18th largest position. Dixon Mitchell Investment Counsel Inc. owned 0.37% of Domino's Pizza worth $53,571,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the company. Summit Trail Advisors LLC increased its holdings in Domino's Pizza by 5.0% during the 2nd quarter. Summit Trail Advisors LLC now owns 568 shares of the restaurant operator's stock worth $293,000 after purchasing an additional 27 shares during the last quarter. Mather Group LLC. raised its holdings in 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 acquiring an additional 37 shares in the last quarter. Vontobel Holding Ltd. boosted its stake in Domino's Pizza by 0.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator's stock valued at $3,266,000 after acquiring an additional 40 shares during the last quarter. Shepherd Financial Partners LLC grew its holdings in Domino's Pizza by 2.0% during the 3rd quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator's stock worth $863,000 after acquiring an additional 40 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of Domino's Pizza by 10.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator's stock worth $185,000 after purchasing an additional 40 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts recently commented on DPZ shares. Guggenheim decreased their price target on Domino's Pizza from $485.00 to $460.00 and set a "neutral" rating for the company in a research note on Thursday, September 26th. Oppenheimer lifted their target price on Domino's Pizza from $490.00 to $495.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. TD Cowen upped 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. Morgan Stanley lowered their target price on shares of Domino's Pizza from $520.00 to $510.00 and set an "overweight" rating for the company in a research note on Friday, October 11th. Finally, 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 report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $501.93.
Check Out Our Latest Report on DPZ
In other Domino's Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the business's stock in a transaction that occurred on 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 directly owns 1,966 shares of the company's stock, valued at $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.81% of the company's stock.
Domino's Pizza stock opened at $413.93 on Thursday. Domino's Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The company's fifty day simple moving average is $441.22 and its 200-day simple moving average is $434.88. The stock has a market cap of $14.29 billion, a P/E ratio of 25.43, a P/E/G ratio of 2.05 and a beta of 0.90.
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.
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