Fortune Financial Advisors LLC Grows Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Fortune Financial Advisors LLC raised its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,846 shares of the restaurant operator’s stock after purchasing an additional 113 shares during the quarter. Fortune Financial Advisors LLC’s holdings in Domino’s Pizza were worth $775,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. lifted its holdings in Domino’s Pizza by 5.7% during the 3rd 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. increased its position in shares of Domino’s Pizza by 0.5% during the third quarter. Vontobel Holding Ltd. now owns 7,593 shares of the restaurant operator’s stock worth $3,266,000 after acquiring an additional 40 shares during the period. Shepherd Financial Partners LLC raised its stake in shares of Domino’s Pizza by 2.0% during the third quarter. Shepherd Financial Partners LLC now owns 2,006 shares of the restaurant operator’s stock valued at $863,000 after acquiring an additional 40 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings 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 purchasing an additional 40 shares during the period. Finally, Atomi Financial Group Inc. grew its stake in Domino’s Pizza by 8.4% in the fourth quarter. Atomi Financial Group Inc. now owns 540 shares of the restaurant operator’s stock worth $227,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

NASDAQ DPZ opened at $450.80 on Friday. The stock’s 50 day simple moving average is $439.35 and its 200-day simple moving average is $430.96. The company has a market cap of $15.57 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 2.24 and a beta of 0.90. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75.

Analysts Set New Price Targets

DPZ has been the topic of a number of research reports. Stephens cut their target price 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. BTIG Research reduced their price objective on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Jefferies Financial Group dropped their target price on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating on the stock in a research report on Friday, October 11th. Wedbush reiterated an “outperform” rating and issued a $470.00 price target on shares of Domino’s Pizza in a report on Friday, October 11th. Finally, Citigroup decreased their price objective 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 assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $502.33.

Insider Buying and Selling

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction 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 directly owns 1,966 shares of the company’s stock, valued at $902,394. This trade represents a 57.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.76% of the stock is currently 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.