Domino's Pizza (NYSE:DPZ) had its price target increased by Barclays from $184.00 to $215.00 in a research report released on Thursday, January 11th, MarketBeat.com reports. They currently have an equal weight rating on the restaurant operator’s stock.
A number of other research analysts also recently issued reports on the stock. Stifel Nicolaus started coverage on shares of Domino's Pizza in a research report on Monday, October 2nd. They set a buy rating and a $235.00 target price for the company. Guggenheim restated a buy rating and set a $230.00 target price on shares of Domino's Pizza in a research report on Friday, October 13th. Zacks Investment Research upgraded shares of Domino's Pizza from a hold rating to a buy rating and set a $213.00 price objective for the company in a research report on Friday, September 15th. Maxim Group upgraded shares of Domino's Pizza from a hold rating to a buy rating and upped their price objective for the stock from $220.00 to $230.00 in a research report on Thursday, November 2nd. Finally, Longbow Research reiterated a buy rating and issued a $215.00 price objective on shares of Domino's Pizza in a research report on Tuesday, November 28th. Seven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of $219.38.
Domino's Pizza (NYSE DPZ) opened at $214.38 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.49 and a debt-to-equity ratio of -1.13. Domino's Pizza has a 1-year low of $166.74 and a 1-year high of $221.91. The stock has a market cap of $9,410.00, a price-to-earnings ratio of 40.83, a price-to-earnings-growth ratio of 1.81 and a beta of 0.45.
In related news, CFO Jeffrey D. Lawrence sold 17,000 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $184.87, for a total transaction of $3,142,790.00. Following the completion of the transaction, the chief financial officer now owns 26,841 shares of the company’s stock, valued at approximately $4,962,095.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.57% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Commonwealth Bank of Australia raised its holdings in shares of Domino's Pizza by 25.0% in the 2nd quarter. Commonwealth Bank of Australia now owns 500 shares of the restaurant operator’s stock valued at $105,000 after purchasing an additional 100 shares in the last quarter. Toronto Dominion Bank raised its holdings in shares of Domino's Pizza by 12.2% in the 2nd quarter. Toronto Dominion Bank now owns 590 shares of the restaurant operator’s stock valued at $125,000 after purchasing an additional 64 shares in the last quarter. Acrospire Investment Management LLC acquired a new stake in shares of Domino's Pizza in the 2nd quarter valued at $127,000. FNY Partners Fund LP acquired a new stake in shares of Domino's Pizza in the 3rd quarter valued at $158,000. Finally, Acadian Asset Management LLC raised its holdings in shares of Domino's Pizza by 3,482.1% in the 4th quarter. Acadian Asset Management LLC now owns 1,003 shares of the restaurant operator’s stock valued at $190,000 after purchasing an additional 975 shares in the last quarter. Institutional investors own 94.20% of the company’s stock.
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About Domino's Pizza
Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.
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