Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Purchased by AMI Asset Management Corp

AMI Asset Management Corp grew its holdings in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 70.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,392 shares of the restaurant operator’s stock after purchasing an additional 577 shares during the quarter. AMI Asset Management Corp’s holdings in Domino’s Pizza were worth $584,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. FMR LLC increased its position in shares of Domino’s Pizza by 16.3% during the 3rd quarter. FMR LLC now owns 2,189,836 shares of the restaurant operator’s stock worth $941,936,000 after purchasing an additional 307,528 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Domino’s Pizza by 1.4% in the third quarter. Principal Financial Group Inc. now owns 1,666,158 shares of the restaurant operator’s stock valued at $716,681,000 after purchasing an additional 23,681 shares during the period. Berkshire Hathaway Inc acquired a new position in shares of Domino’s Pizza in the third quarter valued at approximately $549,399,000. Marshfield Associates increased its stake in Domino’s Pizza by 0.3% during the 2nd quarter. Marshfield Associates now owns 713,481 shares of the restaurant operator’s stock worth $368,392,000 after buying an additional 2,271 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in Domino’s Pizza by 40,191.5% during the 3rd quarter. International Assets Investment Management LLC now owns 523,790 shares of the restaurant operator’s stock worth $225,303,000 after buying an additional 522,490 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the company’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 transaction, the executive vice president now directly owns 1,966 shares of the company’s stock, valued at $902,394. This represents a 57.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.81% of the stock is owned by corporate insiders.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock opened at $427.35 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 $14.76 billion, a P/E ratio of 26.25, a PEG ratio of 2.18 and a beta of 0.90. The firm has a fifty day moving average of $439.59 and a two-hundred day moving average of $432.88.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of recent research reports. Barclays upped their price objective on Domino’s Pizza from $370.00 to $412.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 7th. Piper Sandler reduced their price target on Domino’s Pizza from $436.00 to $429.00 and set a “neutral” rating on the stock in a research report on Monday, October 7th. JPMorgan Chase & Co. reduced their target price on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a report on Friday, October 11th. Finally, Royal Bank of Canada reduced their price objective on shares of Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus target price of $502.70.

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.