MassMutual Private Wealth & Trust FSB Increases Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

MassMutual Private Wealth & Trust FSB boosted its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 49.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,741 shares of the restaurant operator’s stock after buying an additional 576 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Domino’s Pizza were worth $731,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. FMR LLC boosted its position in shares of Domino’s Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock valued at $941,936,000 after purchasing an additional 307,528 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Domino’s Pizza by 1.4% during the 3rd quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock valued at $716,681,000 after buying an additional 23,681 shares in the last quarter. Berkshire Hathaway Inc purchased a new stake in shares of Domino’s Pizza in the 3rd quarter worth about $549,399,000. Marshfield Associates increased its stake in shares of Domino’s Pizza by 0.3% in the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after acquiring an additional 2,271 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in Domino’s Pizza by 40,191.5% during the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock valued at $225,303,000 after acquiring an additional 522,490 shares during the period. 94.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. BMO Capital Markets decreased their target price on shares of Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 11th. JPMorgan Chase & Co. reduced their price objective on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research report on Friday, October 11th. Oppenheimer boosted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their price target for the company from $419.00 to $559.00 in a report on Friday, November 8th. Finally, Stephens dropped 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 note on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and an average price target of $502.70.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $440.80 on Wednesday. The stock has a market cap of $15.22 billion, a P/E ratio of 27.08, a P/E/G ratio of 2.18 and a beta of 0.90. The stock’s fifty day moving average is $439.60 and its 200 day moving average is $432.51. Domino’s Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the stock in a transaction 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. This represents a 57.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.81% of the company’s stock.

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.