Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Bought by ORG Wealth Partners LLC

ORG Wealth Partners LLC raised its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 21.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 262 shares of the restaurant operator’s stock after purchasing an additional 46 shares during the quarter. ORG Wealth Partners LLC’s holdings in Domino’s Pizza were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in DPZ. Quest Partners LLC acquired a new stake in shares of Domino’s Pizza in the second quarter valued at approximately $459,000. Choreo LLC bought a new position in shares of Domino’s Pizza in the second quarter valued at approximately $577,000. American Century Companies Inc. boosted its holdings in shares of Domino’s Pizza by 48.9% in the second quarter. American Century Companies Inc. now owns 4,026 shares of the restaurant operator’s stock valued at $2,079,000 after acquiring an additional 1,323 shares in the last quarter. NINE MASTS CAPITAL Ltd bought a new position in shares of Domino’s Pizza in the second quarter valued at approximately $207,000. Finally, DekaBank Deutsche Girozentrale boosted its holdings in shares of Domino’s Pizza by 17.6% in the second quarter. DekaBank Deutsche Girozentrale now owns 9,247 shares of the restaurant operator’s stock valued at $4,765,000 after acquiring an additional 1,384 shares in the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insider Activity

In related news, Director Andrew Balson sold 6,970 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total value of $2,985,041.90. Following the transaction, the director now directly owns 15,390 shares in the company, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kevin Scott Morris sold 2,646 shares of the firm’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 transaction, the executive vice president now owns 1,966 shares in the company, valued at $902,394. The trade was a 57.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is owned by insiders.

Domino’s Pizza Stock Down 2.5 %

DPZ stock opened at $402.33 on Friday. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The company has a market cap of $13.89 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 2.47 and a beta of 0.90. The company has a 50 day moving average of $442.89 and a two-hundred day moving average of $438.60.

Domino’s Pizza (NASDAQ:DPZ) last released its quarterly earnings results on Thursday, October 10th. The restaurant operator reported $4.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.65 by $0.54. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. Domino’s Pizza had a net margin of 12.26% and a negative return on equity of 14.35%. Domino’s Pizza’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm earned $4.18 EPS. On average, research analysts anticipate that Domino’s Pizza, Inc. will post 16.82 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DPZ shares. Bank of America decreased their price objective on shares of Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a report on Friday, October 11th. Jefferies Financial Group decreased their price objective on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a report on Friday, October 11th. Guggenheim reduced their target price on shares of Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a report on Thursday, September 26th. Stephens reduced their target price on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. Finally, Piper Sandler reduced their target price on shares of Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating for the company in a report on Monday, October 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $501.93.

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.