Verde Servicos Internacionais S.A. Has $13.29 Million Holdings in Domino’s Pizza Inc $DPZ

Verde Servicos Internacionais S.A. increased its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 64.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,784 shares of the restaurant operator’s stock after acquiring an additional 12,059 shares during the quarter. Domino’s Pizza comprises about 3.8% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 9th biggest holding. Verde Servicos Internacionais S.A. owned 0.09% of Domino’s Pizza worth $13,290,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DPZ. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Domino’s Pizza during the 2nd quarter valued at $31,000. Atlantic Union Bankshares Corp purchased a new position in Domino’s Pizza during the second quarter worth about $34,000. CYBER HORNET ETFs LLC bought a new position in Domino’s Pizza in the 2nd quarter worth about $42,000. Westpac Banking Corp boosted its position in shares of Domino’s Pizza by 31.2% during the 2nd quarter. Westpac Banking Corp now owns 101 shares of the restaurant operator’s stock valued at $46,000 after acquiring an additional 24 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of Domino’s Pizza during the second quarter worth about $46,000. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 1.5%

Shares of NASDAQ:DPZ opened at $384.00 on Thursday. The stock has a market capitalization of $12.97 billion, a P/E ratio of 22.44, a price-to-earnings-growth ratio of 1.84 and a beta of 1.15. The stock’s 50-day moving average price is $413.51 and its 200-day moving average price is $425.11. Domino’s Pizza Inc has a 12-month low of $377.19 and a 12-month high of $500.55.

Insider Transactions at Domino’s Pizza

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 4,870 shares of Domino’s Pizza stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $434.06, for a total value of $2,113,872.20. Following the transaction, the executive vice president directly owned 6,744 shares of the company’s stock, valued at $2,927,300.64. The trade was a 41.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.83% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

DPZ has been the topic of a number of recent analyst reports. Citigroup lowered their target price on shares of Domino’s Pizza from $460.00 to $420.00 and set a “neutral” rating on the stock in a research note on Wednesday. Bank of America increased their price target on shares of Domino’s Pizza from $514.00 to $536.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Wells Fargo & Company lowered their price objective on shares of Domino’s Pizza from $450.00 to $430.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 22nd. TD Cowen lowered shares of Domino’s Pizza from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Evercore reduced their target price on Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $478.33.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.