Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. cut its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,766 shares of the restaurant operator’s stock after selling 28 shares during the quarter. Exchange Capital Management Inc.’s holdings in Domino’s Pizza were worth $1,161,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC lifted its stake 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 worth $28,000 after purchasing an additional 61 shares in the last quarter. 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 purchasing an additional 63 shares during the last quarter. Rakuten Securities Inc. grew its holdings 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 worth $57,000 after buying an additional 88 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Domino’s Pizza by 37.6% in the fourth quarter. Allworth Financial LP now owns 150 shares of the restaurant operator’s stock valued at $66,000 after acquiring an additional 41 shares in the last quarter. Finally, ORG Wealth Partners LLC raised its position in Domino’s Pizza by 21.3% in the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock worth $110,000 after acquiring an additional 46 shares in the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on DPZ. Citigroup boosted their target price on shares of Domino’s Pizza from $440.00 to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. Oppenheimer upped their target price on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Morgan Stanley reduced their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. TD Cowen reiterated a “buy” rating and set a $490.00 price target on shares of Domino’s Pizza in a report on Monday. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $500.00 price target on shares of Domino’s Pizza in a research report on Thursday, February 20th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and a consensus price target of $501.41.

Domino’s Pizza Stock Performance

DPZ opened at $455.64 on Tuesday. Domino’s Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75. The company has a market cap of $15.73 billion, a P/E ratio of 27.99, a PEG ratio of 2.47 and a beta of 0.90. The business’s 50-day simple moving average is $441.12 and its 200-day simple moving average is $435.12.

Domino’s Pizza (NASDAQ:DPZ) last issued its quarterly earnings data on Monday, February 24th. The restaurant operator reported $4.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.93 by ($0.04). Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the previous year, the business posted $4.48 earnings per share. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. As a group, analysts predict that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

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.