Choreo LLC Sells 263 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Choreo LLC lessened its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 19.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,062 shares of the restaurant operator’s stock after selling 263 shares during the quarter. Choreo LLC’s holdings in Domino’s Pizza were worth $447,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC grew its holdings in shares of Domino’s Pizza by 2,033.3% during the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Domino’s Pizza during the 3rd quarter worth approximately $43,000. Blue Trust Inc. increased its stake in Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares during the period. Rakuten Securities Inc. boosted its stake 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 valued at $57,000 after purchasing an additional 88 shares during the period. Finally, ORG Wealth Partners LLC raised its holdings in Domino’s Pizza by 21.3% during the 4th quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 46 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction on Friday, November 15th. The stock was 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 owns 1,966 shares in the company, valued at approximately $902,394. This represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

DPZ has been the subject of a number of analyst reports. Loop Capital upgraded shares of Domino’s Pizza from a “hold” rating to a “buy” rating and increased their target price for the stock from $419.00 to $559.00 in a report on Friday, November 8th. Barclays decreased their target price on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a report on Friday, January 24th. TD Cowen raised their price target 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. Oppenheimer boosted their price objective on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. 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 issued a hold rating, nineteen have given 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 a consensus price target of $502.33.

Domino’s Pizza Stock Down 0.5 %

Shares of NASDAQ DPZ opened at $471.47 on Thursday. Domino’s Pizza, Inc. has a twelve month low of $396.06 and a twelve month high of $542.75. The company has a 50 day moving average of $438.82 and a 200 day moving average of $432.71. The firm has a market cap of $16.28 billion, a P/E ratio of 28.96, a PEG ratio of 2.46 and a beta of 0.90.

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.