Cumberland Partners Ltd Acquires 2,750 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Cumberland Partners Ltd grew its holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 275.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,750 shares of the restaurant operator’s stock after acquiring an additional 2,750 shares during the period. Cumberland Partners Ltd’s holdings in Domino’s Pizza were worth $1,574,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Freedom Day Solutions LLC increased its holdings in shares of Domino’s Pizza by 15.7% during the 4th quarter. Freedom Day Solutions LLC now owns 6,208 shares of the restaurant operator’s stock valued at $2,606,000 after acquiring an additional 844 shares during the last quarter. Private Advisor Group LLC grew its holdings in Domino’s Pizza by 1.7% during the fourth quarter. Private Advisor Group LLC now owns 2,553 shares of the restaurant operator’s stock valued at $1,072,000 after purchasing an additional 42 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of Domino’s Pizza by 4.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,724 shares of the restaurant operator’s stock valued at $724,000 after purchasing an additional 80 shares during the period. Buckingham Capital Management Inc. lifted its stake in shares of Domino’s Pizza by 54.2% in the fourth quarter. Buckingham Capital Management Inc. now owns 9,954 shares of the restaurant operator’s stock worth $4,178,000 after buying an additional 3,498 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Domino’s Pizza by 9.2% during the 4th quarter. D.A. Davidson & CO. now owns 4,928 shares of the restaurant operator’s stock worth $2,069,000 after buying an additional 415 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.

Wall Street Analyst Weigh In

DPZ has been the topic of several recent analyst reports. Citigroup lifted their target price on shares of Domino’s Pizza from $440.00 to $520.00 and gave the stock a “neutral” rating in a report on Wednesday. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $419.00 to $559.00 in a research note on Friday, November 8th. Morgan Stanley decreased their target price on Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Barclays dropped their price target on Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating on the stock in a research report on Friday, January 24th. Finally, Oppenheimer increased their price objective on Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Domino’s Pizza currently has an average rating of “Moderate Buy” and an average target price of $505.30.

Domino’s Pizza Price Performance

Domino’s Pizza stock opened at $475.42 on Thursday. Domino’s Pizza, Inc. has a 52-week low of $396.06 and a 52-week high of $542.75. The stock has a fifty day moving average price of $440.65 and a two-hundred day moving average price of $434.42. The firm has a market capitalization of $16.42 billion, a P/E ratio of 29.20, a P/E/G ratio of 2.49 and a beta of 0.90.

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.