Raub Brock Capital Management LP Sells 10,098 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Raub Brock Capital Management LP lessened its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ) by 30.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,945 shares of the restaurant operator’s stock after selling 10,098 shares during the quarter. Domino’s Pizza comprises about 2.0% of Raub Brock Capital Management LP’s investment portfolio, making the stock its 22nd largest position. Raub Brock Capital Management LP owned approximately 0.07% of Domino’s Pizza worth $9,631,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in DPZ. American Century Companies Inc. boosted its stake in shares of Domino’s Pizza by 48.9% in the 2nd quarter. American Century Companies Inc. now owns 4,026 shares of the restaurant operator’s stock valued at $2,079,000 after purchasing an additional 1,323 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Domino’s Pizza by 16.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 151,935 shares of the restaurant operator’s stock worth $78,449,000 after acquiring an additional 21,088 shares during the period. Edgestream Partners L.P. grew its holdings in Domino’s Pizza by 20.4% during the 2nd quarter. Edgestream Partners L.P. now owns 591 shares of the restaurant operator’s stock worth $305,000 after acquiring an additional 100 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Domino’s Pizza by 18.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 1,650 shares of the restaurant operator’s stock valued at $852,000 after purchasing an additional 256 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in shares of Domino’s Pizza by 25.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,582 shares of the restaurant operator’s stock valued at $1,311,000 after purchasing an additional 520 shares during the period. Institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Stock Performance

Shares of DPZ stock opened at $427.35 on Friday. The company has a market capitalization of $14.76 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 2.05 and a beta of 0.90. Domino’s Pizza, Inc. has a 52 week low of $396.06 and a 52 week high of $542.75. The company has a 50-day simple moving average of $439.98 and a 200 day simple moving average of $433.82.

Insider Activity at Domino’s Pizza

In other news, EVP Kevin Scott Morris sold 2,646 shares of Domino’s Pizza stock in a transaction on Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 0.81% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of recent analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $470.00 price target on shares of Domino’s Pizza in a research note on Friday, October 11th. BTIG Research lowered their target price on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, October 11th. TD Cowen lifted their price target on shares of Domino’s Pizza from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Morgan Stanley lowered their price objective on shares of Domino’s Pizza from $520.00 to $510.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. Finally, Wells Fargo & Company reduced their target price on Domino’s Pizza from $450.00 to $420.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $503.22.

About Domino’s Pizza

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.