Union Bancaire Privee UBP SA Invests $334,000 in Domino’s Pizza, Inc. (NASDAQ:DPZ)

Union Bancaire Privee UBP SA purchased a new stake in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 796 shares of the restaurant operator’s stock, valued at approximately $334,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. True Wealth Design LLC increased its stake in shares of Domino’s Pizza by 2,033.3% during the third quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 61 shares during the period. Central Pacific Bank Trust Division purchased a new position in Domino’s Pizza during the 3rd quarter valued at $30,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Domino’s Pizza in the 3rd quarter worth $43,000. Blue Trust Inc. lifted its position in shares of Domino’s Pizza by 100.0% in the 3rd quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after purchasing an additional 63 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in shares of Domino’s Pizza by 195.6% during the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after purchasing an additional 88 shares in the last quarter. Institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on DPZ shares. Barclays lowered their price objective on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Benchmark restated a “buy” rating and set a $520.00 price target on shares of Domino’s Pizza in a research report on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Royal Bank of Canada dropped their target price 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. Finally, Jefferies Financial Group decreased their price target on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating for the company in a research note on Friday, October 11th. One analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $502.33.

Insider Activity at Domino’s Pizza

In related news, EVP Kevin Scott Morris sold 2,646 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 1,966 shares of the company’s stock, valued at approximately $902,394. This trade represents a 57.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.76% of the stock is owned by company insiders.

Domino’s Pizza Trading Down 0.3 %

Shares of DPZ opened at $429.81 on Wednesday. The firm has a fifty day simple moving average of $439.49 and a two-hundred day simple moving average of $430.85. The firm has a market cap of $14.84 billion, a PE ratio of 26.40, a P/E/G ratio of 2.26 and a beta of 0.90. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75.

Domino’s Pizza 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.