Shepherd Financial Partners LLC Sells 151 Shares of Domino’s Pizza, Inc. (NASDAQ:DPZ)

Shepherd Financial Partners LLC lowered its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 7.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,855 shares of the restaurant operator’s stock after selling 151 shares during the period. Shepherd Financial Partners LLC’s holdings in Domino’s Pizza were worth $779,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc acquired a new stake in shares of Domino’s Pizza in the 3rd quarter worth about $549,399,000. Janney Montgomery Scott LLC raised its holdings in shares of Domino’s Pizza by 278.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 11,060 shares of the restaurant operator’s stock valued at $4,643,000 after purchasing an additional 8,136 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Domino’s Pizza by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 229,099 shares of the restaurant operator’s stock valued at $98,545,000 after purchasing an additional 2,201 shares during the last quarter. Commerce Bank lifted its position in shares of Domino’s Pizza by 17.7% during the third quarter. Commerce Bank now owns 9,354 shares of the restaurant operator’s stock valued at $4,024,000 after purchasing an additional 1,404 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in Domino’s Pizza during the third quarter worth about $1,154,000. Institutional investors and hedge funds own 94.63% of the company’s stock.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 1,966 shares in the company, valued at approximately $902,394. This represents a 57.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the subject of several recent analyst reports. Citigroup reduced their target price on Domino’s Pizza from $450.00 to $440.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Royal Bank of Canada lowered their target price on Domino’s Pizza from $500.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on shares of Domino’s Pizza from $470.00 to $450.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Oppenheimer increased their target price on shares of Domino’s Pizza from $490.00 to $495.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Domino’s Pizza from $500.00 to $480.00 and set a “buy” rating for the company in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $502.33.

Domino’s Pizza Trading Down 0.8 %

Shares of NASDAQ:DPZ opened at $466.74 on Friday. The company has a market cap of $16.12 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90. Domino’s Pizza, Inc. has a 12 month low of $396.06 and a 12 month high of $542.75. The company has a 50-day moving average price of $438.31 and a 200-day moving average price of $431.58.

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.