Redpoint Investment Management Pty Ltd Has $1.59 Million Holdings in Domino’s Pizza, Inc. (DPZ)

Redpoint Investment Management Pty Ltd trimmed its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,416 shares of the restaurant operator’s stock after selling 277 shares during the quarter. Redpoint Investment Management Pty Ltd’s holdings in Domino’s Pizza were worth $1,591,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. BP PLC lifted its position in shares of Domino’s Pizza by 166.7% in the third quarter. BP PLC now owns 16,000 shares of the restaurant operator’s stock valued at $4,717,000 after buying an additional 10,000 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Domino’s Pizza by 129.8% in the third quarter. JPMorgan Chase & Co. now owns 112,037 shares of the restaurant operator’s stock valued at $33,028,000 after buying an additional 63,290 shares during the last quarter. Evercore Wealth Management LLC lifted its position in shares of Domino’s Pizza by 7.0% in the third quarter. Evercore Wealth Management LLC now owns 136,659 shares of the restaurant operator’s stock valued at $40,287,000 after buying an additional 8,939 shares during the last quarter. TCW Group Inc. lifted its position in shares of Domino’s Pizza by 73.9% in the third quarter. TCW Group Inc. now owns 117,047 shares of the restaurant operator’s stock valued at $34,505,000 after buying an additional 49,724 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Domino’s Pizza by 34.5% in the second quarter. Advisors Asset Management Inc. now owns 9,810 shares of the restaurant operator’s stock valued at $2,768,000 after buying an additional 2,518 shares during the last quarter. Hedge funds and other institutional investors own 90.26% of the company’s stock.

In other Domino’s Pizza news, CEO Richard E. Allison, Jr. sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 29th. The stock was sold at an average price of $279.31, for a total transaction of $1,396,550.00. Following the transaction, the chief executive officer now owns 44,864 shares in the company, valued at approximately $12,530,963.84. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 3.97% of the stock is owned by company insiders.

Domino’s Pizza stock opened at $287.21 on Wednesday. Domino’s Pizza, Inc. has a one year low of $203.40 and a one year high of $305.34. The firm has a market cap of $11.95 billion, a price-to-earnings ratio of 53.78, a P/E/G ratio of 1.79 and a beta of 0.67.

A number of analysts have recently issued reports on the company. Citigroup cut their price objective on Domino’s Pizza from $298.00 to $293.00 and set a “neutral” rating for the company in a research report on Monday, October 22nd. UBS Group began coverage on Domino’s Pizza in a research report on Monday, October 22nd. They issued a “neutral” rating and a $285.00 price objective for the company. Maxim Group reissued a “buy” rating and set a $310.00 price target on shares of Domino’s Pizza in a report on Friday, January 18th. Mizuho set a $300.00 price target on Domino’s Pizza and gave the stock a “buy” rating in a report on Wednesday, October 17th. Finally, BTIG Research lifted their price target on Domino’s Pizza to $335.00 and gave the stock a “buy” rating in a report on Friday, January 18th. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Domino’s Pizza has an average rating of “Buy” and an average price target of $279.05.

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Domino’s Pizza Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates through three segments: Domestic Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores.

See Also: 12b-1 Fees

Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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