Principal Securities Inc. Has $452,000 Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Principal Securities Inc. grew its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,076 shares of the restaurant operator’s stock after buying an additional 34 shares during the quarter. Principal Securities Inc.’s holdings in Domino’s Pizza were worth $452,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC boosted its holdings in Domino’s Pizza by 16.3% during the third quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after purchasing an additional 307,528 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Domino’s Pizza by 1.4% during the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock worth $716,681,000 after purchasing an additional 23,681 shares during the last quarter. Berkshire Hathaway Inc purchased a new position in Domino’s Pizza during the third quarter worth about $549,399,000. International Assets Investment Management LLC boosted its holdings in Domino’s Pizza by 40,191.5% during the third quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after purchasing an additional 522,490 shares during the last quarter. Finally, Champlain Investment Partners LLC purchased a new position in Domino’s Pizza during the third quarter worth about $99,352,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Trading Down 2.0 %

Domino’s Pizza stock opened at $462.37 on Friday. The firm’s 50 day simple moving average is $440.97 and its 200 day simple moving average is $434.91. The firm has a market capitalization of $15.97 billion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 2.49 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 research firms recently weighed in on DPZ. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a report on Thursday. TD Cowen lifted their price objective on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Citigroup lifted their price objective on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday. Barclays lowered their price objective on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating on the stock in a research report on Friday, January 24th. Finally, Morgan Stanley lowered their price objective on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $505.67.

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.