Domino’s Pizza, Inc. (NASDAQ:DPZ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) have been given a consensus recommendation of “Moderate Buy” by the twenty-eight analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, nineteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $502.70.

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a research note on Friday, October 11th. Wedbush restated an “outperform” rating and set a $470.00 price objective on shares of Domino’s Pizza in a research report on Friday, October 11th. Barclays upped their target price on Domino’s Pizza from $370.00 to $412.00 and gave the company an “underweight” rating in a research report on Tuesday, January 7th. Citigroup dropped their price target on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, October 11th.

Domino’s Pizza Trading Up 1.3 %

DPZ opened at $447.76 on Friday. The stock’s fifty day simple moving average is $439.89 and its 200 day simple moving average is $432.68. Domino’s Pizza has a 1-year low of $396.06 and a 1-year high of $542.75. The stock has a market cap of $15.46 billion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 2.25 and a beta of 0.90.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the transaction, the executive vice president now owns 1,966 shares of the company’s stock, valued at $902,394. This represents a 57.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Caprock Group LLC increased its position in Domino’s Pizza by 3.5% in the 4th quarter. Caprock Group LLC now owns 1,269 shares of the restaurant operator’s stock valued at $533,000 after acquiring an additional 43 shares during the period. Country Trust Bank bought a new stake in shares of Domino’s Pizza in the fourth quarter worth $29,424,000. Oak Harvest Investment Services increased its holdings in Domino’s Pizza by 10.6% in the fourth quarter. Oak Harvest Investment Services now owns 4,381 shares of the restaurant operator’s stock valued at $1,839,000 after purchasing an additional 421 shares during the period. Fortune Financial Advisors LLC raised its position in Domino’s Pizza by 6.5% during the 4th quarter. Fortune Financial Advisors LLC now owns 1,846 shares of the restaurant operator’s stock worth $775,000 after purchasing an additional 113 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Domino’s Pizza by 66.8% in the 4th quarter. Pacer Advisors Inc. now owns 4,373 shares of the restaurant operator’s stock valued at $1,836,000 after buying an additional 1,752 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

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.