Greenwood Capital Associates LLC Trims Holdings in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Greenwood Capital Associates LLC decreased its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,443 shares of the restaurant operator’s stock after selling 109 shares during the period. Greenwood Capital Associates LLC’s holdings in Domino’s Pizza were worth $606,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Berkshire Hathaway Inc purchased a new stake in shares of Domino’s Pizza in the third quarter worth $549,399,000. Janney Montgomery Scott LLC raised its holdings in shares of Domino’s Pizza by 278.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock valued at $4,643,000 after acquiring an additional 8,136 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Domino’s Pizza by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock valued at $98,545,000 after acquiring an additional 2,201 shares during the last quarter. Commerce Bank grew its holdings in shares of Domino’s Pizza by 17.7% during the third quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock worth $4,024,000 after purchasing an additional 1,404 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in shares of Domino’s Pizza in the third quarter worth approximately $1,154,000. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Up 2.2 %

Shares of DPZ stock opened at $465.93 on Wednesday. The stock has a fifty day moving average of $438.87 and a 200 day moving average of $430.78. The firm has a market capitalization of $16.09 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 2.35 and a beta of 0.90. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75.

Analysts Set New Price Targets

DPZ has been the subject of several research analyst reports. Oppenheimer lifted their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Benchmark reiterated a “buy” rating and issued a $520.00 target price on shares of Domino’s Pizza in a research report on Friday, October 11th. JPMorgan Chase & Co. reduced their target price on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating on the stock in a research note on Friday, October 11th. Morgan Stanley dropped their price target 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. Finally, BMO Capital Markets reduced their price objective on Domino’s Pizza from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 11th. One equities research 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $502.33.

Insider Transactions at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $459.00, for a total value of $1,214,514.00. Following the completion of the transaction, the executive vice president now owns 1,966 shares in the company, valued at $902,394. This trade 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. Corporate insiders own 0.81% of the company’s stock.

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.