Global Retirement Partners LLC Purchases 80 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Global Retirement Partners LLC lifted its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 4.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,724 shares of the restaurant operator’s stock after acquiring an additional 80 shares during the quarter. Global Retirement Partners LLC’s holdings in Domino’s Pizza were worth $724,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC grew its stake in shares of Domino’s Pizza by 16.3% during the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after acquiring an additional 307,528 shares during the period. Principal Financial Group Inc. boosted its stake in Domino’s Pizza by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,687,863 shares of the restaurant operator’s stock worth $708,498,000 after purchasing an additional 21,705 shares during the period. Berkshire Hathaway Inc bought a new position in Domino’s Pizza in the 3rd quarter worth about $549,399,000. Champlain Investment Partners LLC bought a new position in Domino’s Pizza in the 3rd quarter worth about $99,352,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Domino’s Pizza by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock worth $98,545,000 after purchasing an additional 2,201 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Trading Down 2.0 %

Shares of NASDAQ DPZ opened at $462.37 on Friday. The stock’s 50-day moving average is $440.97 and its 200 day moving average is $434.95. The stock has a market cap of $15.97 billion, a price-to-earnings ratio of 28.40, a P/E/G ratio of 2.47 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.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DPZ. Barclays cut their target price on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a research note on Friday, January 24th. Oppenheimer raised their target price on Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. TD Cowen raised their target price on Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their target price for the stock from $419.00 to $559.00 in a research note on Friday, November 8th. Finally, Morgan Stanley cut their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $505.67.

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.