Union Bancaire Privee UBP SA Purchases Shares of 796 Domino’s Pizza, Inc. (NASDAQ:DPZ)

Union Bancaire Privee UBP SA acquired a new stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the fourth quarter, HoldingsChannel reports. The fund acquired 796 shares of the restaurant operator’s stock, valued at approximately $334,000.

A number of other large investors have also recently made changes to their positions in the stock. Blue Trust Inc. boosted its holdings in Domino’s Pizza by 57.9% in the 4th quarter. Blue Trust Inc. now owns 199 shares of the restaurant operator’s stock worth $86,000 after buying an additional 73 shares during the period. Narwhal Capital Management boosted its stake in shares of Domino’s Pizza by 84.6% in the fourth quarter. Narwhal Capital Management now owns 10,728 shares of the restaurant operator’s stock worth $4,503,000 after acquiring an additional 4,915 shares during the period. Exchange Traded Concepts LLC grew its position in shares of Domino’s Pizza by 131.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 3,483 shares of the restaurant operator’s stock worth $1,462,000 after purchasing an additional 1,978 shares in the last quarter. True North Advisors LLC bought a new stake in Domino’s Pizza during the 4th quarter valued at approximately $263,000. Finally, Janney Montgomery Scott LLC lifted its holdings in 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 worth $4,643,000 after purchasing an additional 8,136 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Domino’s Pizza Stock Down 0.3 %

DPZ stock opened at $429.81 on Wednesday. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The firm has a market cap of $14.84 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 2.26 and a beta of 0.90. The business’s fifty day simple moving average is $439.49 and its two-hundred day simple moving average is $430.85.

Analyst Upgrades and Downgrades

DPZ has been the subject of a number of research analyst reports. Oppenheimer increased their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Barclays reduced their price target on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating on the stock in a report on Friday, January 24th. Stephens dropped their price objective 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. Deutsche Bank Aktiengesellschaft reduced their target price on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Finally, Citigroup dropped their price target 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. One analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and a consensus target price of $502.33.

Insider Transactions at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the business’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 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 approximately $902,394. The trade was 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 accessible through the SEC website. Company insiders own 0.76% of the company’s stock.

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.