Domino’s Pizza, Inc. (NASDAQ:DPZ) Shares Sold by Hartford Investment Management Co.

Hartford Investment Management Co. decreased its stake in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,146 shares of the restaurant operator’s stock after selling 41 shares during the quarter. Hartford Investment Management Co.’s holdings in Domino’s Pizza were worth $901,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. True Wealth Design LLC boosted its position in Domino’s Pizza by 2,033.3% in the 3rd quarter. True Wealth Design LLC now owns 64 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 61 shares in the last quarter. Blue Trust Inc. boosted its holdings in Domino’s Pizza by 100.0% during the third quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $54,000 after buying an additional 63 shares in the last quarter. Rakuten Securities Inc. grew its position in Domino’s Pizza by 195.6% during the third quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator’s stock valued at $57,000 after buying an additional 88 shares during the period. ORG Wealth Partners LLC increased its holdings in Domino’s Pizza by 21.3% in the fourth quarter. ORG Wealth Partners LLC now owns 262 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 46 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of Domino’s Pizza by 10.3% in the third quarter. First Horizon Advisors Inc. now owns 429 shares of the restaurant operator’s stock worth $185,000 after acquiring an additional 40 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.

Domino’s Pizza Stock Performance

DPZ stock opened at $476.66 on Friday. Domino’s Pizza, Inc. has a one year low of $396.06 and a one year high of $542.75. The firm has a market cap of $16.46 billion, a PE ratio of 29.28, a PEG ratio of 2.46 and a beta of 0.90. The firm’s 50 day moving average price is $439.44 and its 200-day moving average price is $433.37.

Analysts Set New Price Targets

A number of research firms have recently commented on DPZ. Barclays dropped their target price 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. Oppenheimer boosted 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. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and increased their target price for the company from $419.00 to $559.00 in a research report on Friday, November 8th. TD Cowen boosted their price target on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Morgan Stanley decreased their price objective on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Domino’s Pizza presently has a consensus rating of “Moderate Buy” and a consensus price target of $502.33.

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.