Greenwood Capital Associates LLC Has $606,000 Stock Position in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Greenwood Capital Associates LLC lessened its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 7.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,443 shares of the restaurant operator’s stock after selling 109 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Domino’s Pizza were worth $606,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DPZ. Algert Global LLC acquired a new position in shares of Domino’s Pizza in the 2nd quarter valued at about $362,000. Creative Planning lifted its stake in Domino’s Pizza by 10.4% in the second quarter. Creative Planning now owns 2,597 shares of the restaurant operator’s stock valued at $1,341,000 after buying an additional 244 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Domino’s Pizza by 29.7% during the 2nd quarter. Cetera Investment Advisers now owns 10,015 shares of the restaurant operator’s stock worth $5,171,000 after buying an additional 2,294 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Domino’s Pizza during the 2nd quarter worth approximately $1,556,000. Finally, Czech National Bank increased its stake in shares of Domino’s Pizza by 7.2% in the 3rd quarter. Czech National Bank now owns 7,124 shares of the restaurant operator’s stock valued at $3,064,000 after acquiring an additional 478 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Stephens reduced their price target on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. Royal Bank of Canada decreased their target price on Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, October 11th. Jefferies Financial Group cut their price target on Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating on the stock in a report on Friday, October 11th. Deutsche Bank Aktiengesellschaft lowered their target price on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Finally, Benchmark reiterated a “buy” rating and issued a $520.00 target price on shares of Domino’s Pizza in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Domino’s Pizza has an average rating of “Moderate Buy” and a consensus price target of $502.33.

Domino’s Pizza Stock Up 2.2 %

Shares of DPZ stock opened at $465.93 on Wednesday. The firm has a market cap of $16.09 billion, a P/E ratio of 28.62, a PEG ratio of 2.35 and a beta of 0.90. The company has a 50 day moving average of $438.87 and a 200-day moving average of $430.78. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75.

Insider Buying and Selling at Domino’s Pizza

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction dated 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.81% of the stock is owned by corporate insiders.

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.