Nisa Investment Advisors LLC Has $1.88 Million Position in Domino's Pizza, Inc. (DPZ)

Nisa Investment Advisors LLC lessened its stake in Domino's Pizza, Inc. (NYSE:DPZ) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,971 shares of the restaurant operator’s stock after selling 479 shares during the period. Nisa Investment Advisors LLC’s holdings in Domino's Pizza were worth $1,884,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in DPZ. Renaissance Technologies LLC raised its stake in shares of Domino's Pizza by 43.7% during the 2nd quarter. Renaissance Technologies LLC now owns 3,060,900 shares of the restaurant operator’s stock worth $647,472,000 after buying an additional 930,200 shares during the period. Koch Industries Inc. raised its stake in shares of Domino's Pizza by 21,599.0% during the 2nd quarter. Koch Industries Inc. now owns 568,730 shares of the restaurant operator’s stock worth $566,000 after buying an additional 566,109 shares during the period. Janus Henderson Group PLC raised its stake in shares of Domino's Pizza by 8,627.9% during the 2nd quarter. Janus Henderson Group PLC now owns 410,559 shares of the restaurant operator’s stock worth $86,845,000 after buying an additional 405,855 shares during the period. Vanguard Group Inc. raised its stake in shares of Domino's Pizza by 8.5% during the 2nd quarter. Vanguard Group Inc. now owns 4,164,927 shares of the restaurant operator’s stock worth $881,007,000 after buying an additional 327,585 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in shares of Domino's Pizza during the 3rd quarter worth approximately $32,236,000. 94.20% of the stock is owned by institutional investors and hedge funds.

Domino's Pizza, Inc. (NYSE:DPZ) traded up $5.78 during mid-day trading on Monday, reaching $211.87. The company’s stock had a trading volume of 943,140 shares, compared to its average volume of 996,937. The company has a quick ratio of 1.39, a current ratio of 1.49 and a debt-to-equity ratio of -1.13. The firm has a market cap of $9,270.00, a price-to-earnings ratio of 40.36, a P/E/G ratio of 1.70 and a beta of 0.45. Domino's Pizza, Inc. has a 52 week low of $166.74 and a 52 week high of $221.91.

In other Domino's Pizza news, CFO Jeffrey D. Lawrence sold 17,000 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $184.87, for a total value of $3,142,790.00. Following the sale, 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 available through the SEC website. 3.57% of the stock is owned by company insiders.

Several research analysts recently commented on the company. Maxim Group increased their price objective on Domino's Pizza from $240.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Barclays increased their price objective on Domino's Pizza from $184.00 to $215.00 and gave the company an “equal weight” rating in a research note on Thursday, January 11th. Nomura increased their price objective on Domino's Pizza to $230.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Deutsche Bank increased their price objective on Domino's Pizza to $220.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Finally, Mizuho began coverage on Domino's Pizza in a research note on Wednesday, January 24th. They issued a “buy” rating and a $250.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Domino's Pizza currently has an average rating of “Buy” and an average target price of $219.38.

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Domino's Pizza Company Profile

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.

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

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