Annex Advisory Services LLC Boosts Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Annex Advisory Services LLC grew its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 43.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 35,096 shares of the restaurant operator’s stock after buying an additional 10,650 shares during the quarter. Annex Advisory Services LLC’s holdings in Domino’s Pizza were worth $14,732,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. True Wealth Design LLC grew its position in Domino’s Pizza by 2,033.3% during the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 61 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at about $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Domino’s Pizza during the 3rd quarter worth about $43,000. Blue Trust Inc. increased its position in Domino’s Pizza by 100.0% during 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 in the last quarter. Finally, Rakuten Securities Inc. raised its holdings in Domino’s Pizza by 195.6% in the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after buying an additional 88 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the stock in a transaction on 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 sale, the executive vice president now owns 1,966 shares in the company, valued at $902,394. This represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.81% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DPZ shares. Bank of America lowered their price target on Domino’s Pizza from $582.00 to $557.00 and set a “buy” rating for the company in a report on Friday, October 11th. Barclays upped their price target on shares of Domino’s Pizza from $370.00 to $412.00 and gave the company an “underweight” rating in a report on Tuesday, January 7th. Guggenheim lowered their price objective on Domino’s Pizza from $485.00 to $460.00 and set a “neutral” rating for the company in a report on Thursday, September 26th. BTIG Research reduced their target price on Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Finally, Royal Bank of Canada lowered their price target on Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $503.22.

Domino’s Pizza Trading Up 2.0 %

Shares of Domino’s Pizza stock opened at $427.35 on Monday. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The stock has a market cap of $14.76 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 2.05 and a beta of 0.90. The company’s 50-day moving average price is $439.98 and its two-hundred day moving average price is $433.37.

About Domino’s Pizza

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.