China Universal Asset Management Co. Ltd. Lowers Stock Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

China Universal Asset Management Co. Ltd. lowered its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 50.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,206 shares of the restaurant operator’s stock after selling 1,211 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in Domino’s Pizza were worth $506,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DPZ. True Wealth Design LLC boosted its holdings in Domino’s Pizza by 2,033.3% in 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 in the last quarter. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Domino’s Pizza during the 3rd quarter worth approximately $43,000. Blue Trust Inc. lifted its holdings in shares of Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock valued at $54,000 after buying an additional 63 shares during the period. Rakuten Securities Inc. boosted its stake in shares of 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 in the last quarter. Finally, ORG Wealth Partners LLC acquired a new position in Domino’s Pizza during the third quarter worth $93,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the business’s stock in a transaction on Friday, November 15th. The shares were 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 directly owns 1,966 shares of the company’s stock, valued at $902,394. The trade was a 57.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.76% of the company’s stock.

Domino’s Pizza Trading Down 0.4 %

Domino’s Pizza stock opened at $449.12 on Monday. The stock has a fifty day moving average price of $439.28 and a 200 day moving average price of $430.01. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The firm has a market capitalization of $15.51 billion, a P/E ratio of 27.59, a PEG ratio of 2.24 and a beta of 0.90.

Wall Street Analyst Weigh In

DPZ has been the topic of several research analyst reports. Oppenheimer boosted their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Stephens decreased their price objective on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. Loop Capital raised shares of Domino’s Pizza from a “hold” rating to a “buy” rating and increased their target price for the company from $419.00 to $559.00 in a report on Friday, November 8th. BTIG Research lowered their price target 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, Benchmark reaffirmed a “buy” rating and set a $520.00 price objective on shares of Domino’s Pizza in a report on Friday, October 11th. One investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.