Fusion Family Wealth LLC Acquires Shares of 3,518 Domino's Pizza, Inc. (DPZ)

Fusion Family Wealth LLC acquired a new stake in Domino's Pizza, Inc. (NYSE:DPZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,518 shares of the restaurant operator’s stock, valued at approximately $665,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in Domino's Pizza by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 193,591 shares of the restaurant operator’s stock valued at $40,950,000 after purchasing an additional 771 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in 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 valued at $86,845,000 after purchasing an additional 405,855 shares during the last quarter. Caxton Associates LP acquired a new stake in Domino's Pizza during the 2nd quarter valued at $487,000. The Manufacturers Life Insurance Company lifted its holdings in Domino's Pizza by 1.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 73,040 shares of the restaurant operator’s stock valued at $15,451,000 after purchasing an additional 1,241 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in Domino's Pizza by 3.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 9,741 shares of the restaurant operator’s stock valued at $2,061,000 after purchasing an additional 316 shares during the last quarter. 94.20% of the stock is owned by institutional investors.

Domino's Pizza, Inc. (NYSE:DPZ) opened at $215.74 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.39 and a debt-to-equity ratio of -1.13. The firm has a market capitalization of $9,170.00, a price-to-earnings ratio of 41.09, a price-to-earnings-growth ratio of 1.72 and a beta of 0.45. Domino's Pizza, Inc. has a 12-month low of $166.74 and a 12-month high of $221.91.

In related news, CFO Jeffrey D. Lawrence sold 17,000 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer now owns 26,841 shares in the company, valued at $4,962,095.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.57% of the stock is currently owned by company insiders.

Several equities research analysts have issued reports on DPZ shares. Zacks Investment Research downgraded Domino's Pizza from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Maxim Group reaffirmed a “buy” rating and set a $240.00 price target on shares of Domino's Pizza in a report on Friday, December 22nd. Nomura raised Domino's Pizza from a “neutral” rating to a “buy” rating and set a $201.00 price target for the company in a report on Wednesday, November 29th. Deutsche Bank started coverage on Domino's Pizza in a report on Monday, December 18th. They set a “buy” rating and a $210.00 price target for the company. Finally, Credit Suisse Group raised Domino's Pizza from a “neutral” rating to an “outperform” rating and set a $205.00 price target for the company in a report on Thursday, January 4th. They noted that the move was a valuation call. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Domino's Pizza currently has an average rating of “Buy” and an average price target of $219.91.

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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.

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

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