Domino’s Pizza Inc $DPZ is Verde Servicos Internacionais S.A.’s 9th Largest Position

Verde Servicos Internacionais S.A. raised its position in Domino’s Pizza Inc (NASDAQ:DPZ) by 64.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,784 shares of the restaurant operator’s stock after acquiring an additional 12,059 shares during the quarter. Domino’s Pizza makes up 3.8% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 9th largest position. Verde Servicos Internacionais S.A.’s holdings in Domino’s Pizza were worth $13,290,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of DPZ. Lafayette Investments Inc. grew its stake in shares of Domino’s Pizza by 2.7% in the second quarter. Lafayette Investments Inc. now owns 929 shares of the restaurant operator’s stock worth $419,000 after purchasing an additional 24 shares during the last quarter. Westpac Banking Corp lifted its holdings in Domino’s Pizza by 31.2% in the 2nd quarter. Westpac Banking Corp now owns 101 shares of the restaurant operator’s stock worth $46,000 after buying an additional 24 shares during the period. Ritholtz Wealth Management grew its position in shares of Domino’s Pizza by 1.1% in the 3rd quarter. Ritholtz Wealth Management now owns 2,382 shares of the restaurant operator’s stock worth $1,028,000 after buying an additional 27 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of Domino’s Pizza by 1.2% during the third quarter. Bessemer Group Inc. now owns 2,317 shares of the restaurant operator’s stock valued at $1,000,000 after buying an additional 28 shares during the period. Finally, Moloney Securities Asset Management LLC raised its holdings in shares of Domino’s Pizza by 1.0% during the second quarter. Moloney Securities Asset Management LLC now owns 3,188 shares of the restaurant operator’s stock valued at $1,436,000 after acquiring an additional 31 shares in the last quarter. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DPZ has been the topic of several recent analyst reports. Morgan Stanley reiterated an “equal weight” rating and issued a $455.00 price target (down previously from $535.00) on shares of Domino’s Pizza in a report on Tuesday, January 20th. Mizuho upgraded shares of Domino’s Pizza to a “strong-buy” rating in a report on Tuesday, October 28th. Bank of America lifted their price objective on Domino’s Pizza from $514.00 to $536.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Stifel Nicolaus decreased their target price on Domino’s Pizza from $510.00 to $485.00 and set a “buy” rating for the company in a research report on Wednesday, January 7th. Finally, Piper Sandler restated a “neutral” rating and set a $445.00 price target on shares of Domino’s Pizza in a research report on Monday, November 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Hold” and a consensus target price of $478.33.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 4,870 shares of Domino’s Pizza stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $434.06, for a total value of $2,113,872.20. Following the completion of the transaction, the executive vice president owned 6,744 shares of the company’s stock, valued at $2,927,300.64. The trade was a 41.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is owned by insiders.

Domino’s Pizza Stock Down 1.5%

DPZ stock opened at $384.00 on Thursday. The business has a 50 day moving average of $413.51 and a 200 day moving average of $425.11. The firm has a market cap of $12.97 billion, a PE ratio of 22.44, a price-to-earnings-growth ratio of 1.84 and a beta of 1.15. Domino’s Pizza Inc has a twelve month low of $377.19 and a twelve month high of $500.55.

Domino’s Pizza Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.