KG&L Capital Management LLC Buys 23 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

KG&L Capital Management LLC boosted its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,725 shares of the restaurant operator’s stock after purchasing an additional 23 shares during the period. KG&L Capital Management LLC’s holdings in Domino’s Pizza were worth $724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. True Wealth Design LLC increased its stake in shares of Domino’s Pizza by 2,033.3% in the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after buying an additional 61 shares during the period. Central Pacific Bank Trust Division bought a new stake in Domino’s Pizza in the 3rd quarter worth $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Domino’s Pizza in the third quarter valued at about $43,000. Blue Trust Inc. raised its stake in shares of Domino’s Pizza by 100.0% during the third quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock valued at $54,000 after acquiring an additional 63 shares during the last quarter. Finally, Rakuten Securities Inc. boosted its holdings in shares of Domino’s Pizza by 195.6% during the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 88 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Down 0.4 %

NASDAQ:DPZ opened at $449.12 on Friday. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The stock has a market cap of $15.51 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 2.24 and a beta of 0.90. The company’s 50 day moving average price is $439.28 and its 200-day moving average price is $430.73.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on DPZ shares. Wedbush restated an “outperform” rating and set a $470.00 price target on shares of Domino’s Pizza in a report on Friday, October 11th. Oppenheimer boosted their target price on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Piper Sandler dropped their price target on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating for the company in a research note on Monday, October 7th. Citigroup reduced their price objective on shares of Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. Finally, Morgan Stanley dropped their target price on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. One equities research 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $502.33.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now directly owns 1,966 shares in the company, valued at approximately $902,394. The trade was a 57.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.