Burney Co. Sells 76 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Burney Co. lowered its stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,396 shares of the restaurant operator’s stock after selling 76 shares during the quarter. Burney Co.’s holdings in Domino’s Pizza were worth $586,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oak Thistle LLC raised its holdings in Domino’s Pizza by 198.5% in the 4th quarter. Oak Thistle LLC now owns 1,848 shares of the restaurant operator’s stock valued at $776,000 after acquiring an additional 1,229 shares in the last quarter. Oak Asset Management LLC raised its stake in shares of Domino’s Pizza by 71.5% in the fourth quarter. Oak Asset Management LLC now owns 1,537 shares of the restaurant operator’s stock valued at $645,000 after purchasing an additional 641 shares in the last quarter. Miracle Mile Advisors LLC lifted its position in Domino’s Pizza by 112.6% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,231 shares of the restaurant operator’s stock worth $517,000 after purchasing an additional 652 shares during the period. Capital Investment Advisors LLC boosted its stake in Domino’s Pizza by 39.5% during the fourth quarter. Capital Investment Advisors LLC now owns 2,897 shares of the restaurant operator’s stock worth $1,216,000 after buying an additional 820 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in Domino’s Pizza by 1.0% in the 4th quarter. Brookstone Capital Management now owns 5,628 shares of the restaurant operator’s stock valued at $2,362,000 after buying an additional 57 shares during the period. Institutional investors own 94.63% of the company’s stock.

Insider Activity

In related 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 value of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares in the company, valued at $902,394. This represents a 57.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.76% of the stock is currently owned by company insiders.

Domino’s Pizza Stock Up 2.0 %

NASDAQ:DPZ opened at $427.35 on Friday. Domino’s Pizza, Inc. has a 12-month low of $396.06 and a 12-month high of $542.75. The firm has a market capitalization of $14.76 billion, a P/E ratio of 26.25, a P/E/G ratio of 2.05 and a beta of 0.90. The stock’s fifty day simple moving average is $439.98 and its 200-day simple moving average is $434.23.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Stephens decreased their target price on shares of Domino’s Pizza from $430.00 to $420.00 and set an “equal weight” rating on the stock in a research report on Friday, October 11th. Morgan Stanley decreased their price objective on Domino’s Pizza from $520.00 to $510.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their target price for the stock from $419.00 to $559.00 in a research report on Friday, November 8th. Citigroup lowered their price target on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. Finally, TD Cowen lifted their price objective on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. One equities 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $503.22.

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.