State of New Jersey Common Pension Fund D Sells 478 Shares of Domino’s Pizza, Inc. (NYSE:DPZ)

State of New Jersey Common Pension Fund D trimmed its holdings in Domino’s Pizza, Inc. (NYSE:DPZFree Report) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,147 shares of the restaurant operator’s stock after selling 478 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.06% of Domino’s Pizza worth $7,631,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Domino’s Pizza by 0.7% in the first quarter. Vanguard Group Inc. now owns 3,884,266 shares of the restaurant operator’s stock worth $1,580,935,000 after purchasing an additional 28,157 shares in the last quarter. Principal Financial Group Inc. increased its position in Domino’s Pizza by 4.2% during the 3rd quarter. Principal Financial Group Inc. now owns 1,704,241 shares of the restaurant operator’s stock valued at $645,549,000 after buying an additional 68,317 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in Domino’s Pizza by 23.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,616,607 shares of the restaurant operator’s stock valued at $559,993,000 after buying an additional 306,750 shares in the last quarter. State Street Corp increased its position in Domino’s Pizza by 3.9% during the 2nd quarter. State Street Corp now owns 1,532,276 shares of the restaurant operator’s stock valued at $516,362,000 after buying an additional 56,942 shares in the last quarter. Finally, Norges Bank acquired a new position in Domino’s Pizza during the 4th quarter valued at about $369,800,000. 92.27% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Stock Down 0.3 %

DPZ stock opened at $425.09 on Monday. The business has a fifty day moving average of $412.77 and a two-hundred day moving average of $389.24. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 29.08, a price-to-earnings-growth ratio of 2.19 and a beta of 0.84. Domino’s Pizza, Inc. has a 52-week low of $285.84 and a 52-week high of $439.16.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. TD Cowen increased their price objective on Domino’s Pizza from $430.00 to $470.00 and gave the company an “outperform” rating in a report on Friday, December 8th. Evercore ISI increased their price target on Domino’s Pizza from $435.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, December 8th. Deutsche Bank Aktiengesellschaft started coverage on Domino’s Pizza in a research report on Thursday, October 19th. They set a “buy” rating and a $430.00 price target on the stock. Oppenheimer increased their price target on Domino’s Pizza from $450.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, January 5th. Finally, Citigroup increased their price target on Domino’s Pizza from $396.00 to $424.00 and gave the stock a “neutral” rating in a research report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $418.00.

View Our Latest Research Report on Domino’s Pizza

Domino’s Pizza Profile

(Free Report)

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.

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

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