Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC increased its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 44.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,713 shares of the restaurant operator’s stock after acquiring an additional 1,762 shares during the quarter. Empowered Funds LLC’s holdings in Domino’s Pizza were worth $2,398,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Moloney Securities Asset Management LLC raised its holdings in Domino’s Pizza by 19.1% in the 4th quarter. Moloney Securities Asset Management LLC now owns 3,389 shares of the restaurant operator’s stock valued at $1,423,000 after buying an additional 543 shares during the period. Apollon Wealth Management LLC raised its holdings in Domino’s Pizza by 65.0% in the 4th quarter. Apollon Wealth Management LLC now owns 774 shares of the restaurant operator’s stock valued at $325,000 after buying an additional 305 shares during the period. William Allan Corp raised its holdings in Domino’s Pizza by 4.7% in the 4th quarter. William Allan Corp now owns 2,912 shares of the restaurant operator’s stock valued at $1,222,000 after buying an additional 131 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Domino’s Pizza by 2.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 3,873 shares of the restaurant operator’s stock valued at $1,626,000 after buying an additional 103 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Domino’s Pizza by 14.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,255 shares of the restaurant operator’s stock valued at $8,130,000 after buying an additional 2,484 shares during the period. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $476.66 on Friday. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The business has a 50 day simple moving average of $439.44 and a 200-day simple moving average of $433.37. The stock has a market capitalization of $16.46 billion, a PE ratio of 29.28, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and boosted their price objective for the company from $419.00 to $559.00 in a report on Friday, November 8th. Barclays cut their price target on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating on the stock in a research note on Friday, January 24th. TD Cowen boosted their price target on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Oppenheimer boosted their price target on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Finally, Morgan Stanley cut their price target on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $502.33.

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.