Domino's CEO Will Step Aside in June

Thursday, 11 Jan, 2018

Smith Asset Management Group Lp decreased Domino's Pizza Inc (DPZ) stake by 20.83% reported in 2017Q3 SEC filing. The stock price has recently touched $198.30 which has caused investors to take a second look at company shares. Gateway Investment Advisers Llc who had been investing in Dominos Pizza Inc for a number of months, seems to be less bullish one the $8.64B market cap company. The stock decreased 0.41% or $0.28 during the last trading session, reaching $67.54. About 1.16M shares traded.

Analysts await Domino's Pizza, Inc. It has outperformed by 45.36% the S&P500. Picking the next victor to bolster the portfolio may involve some hard work and a little bit of stock market magic. The company has market cap of $146.73 million. The stock increased 1.14% or $0.09 during the last trading session, reaching $8.02. About 473,296 shares traded. Yum! Marchex, Inc. (MCHX) has declined 8.92% since January 10, 2017 and is downtrending. It has underperformed by 12.01% the S&P500.

Among 25 analysts covering Shire plc (ADR) (NASDAQ:SHPG), 20 have Buy rating, 0 Sell and 5 Hold. The stock has "Buy" rating by Maxim Group on Thursday, November 2. They set a buy rating and a $235.00 price target on the stock. The stock has "Buy" rating by Cowen & Co on Wednesday, May 31. As per Monday, October 31, the company rating was upgraded by Jefferies. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. The firm earned "Add" rating on Thursday, November 19 by Peel Hunt.

State Of Alaska Department Of Revenue increased Synopsys Inc (NASDAQ:SNPS) stake by 11,400 shares to 19,175 valued at $1.54M in 2017Q3. It also upped Proshares Tr (TBT) stake by 250,000 shares and now owns 256,000 shares. Maxim Group downgraded Domino's Pizza, Inc.

Since August 9, 2017, it had 0 buys, and 1 insider sale for $616,871 activity. DPZ's profit will be $86.18 million for 26.23 P/E if the $1.97 EPS becomes a reality. "As president of the Americas, he will oversee marketing, operations, store growth and development, franchise relationships, strategy and insights and e-commerce for Domino's in the Americas-markets that account for 50 percent of Domino's global retail sales". (NYSE:DPZ)'s stock was 9.39%. Therefore 6% are positive. Credit Suisse Group lifted their price objective on Domino's Pizza from $200.00 to $205.00 and gave the stock a "neutral" rating in a research report on Friday, October 13th. RBC Capital Markets has "Underperform" rating and $54 target. Deutsche Bank initiated the stock with "Buy" rating in Monday, December 18 report. The firm has "Buy" rating by Oppenheimer given on Thursday, January 4. Barclays Capital upgraded the stock to "Overweight" rating in Monday, September 21 report.

Analysts mean Recommendation on a stock is noted at 2.10. The company was maintained on Thursday, October 15 by Beaufort Securities. As per Tuesday, August 8, the company rating was maintained by Jefferies. Praxair Inc (NYSE:PX) was raised too.

In other news, insider Russell J. Weiner sold 7,276 shares of the firm's stock in a transaction that occurred on Tuesday, October 17th. The insider LAWRENCE JEFFREY D sold 17,000 shares worth $3.14M. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world.

A number of hedge funds have recently bought and sold shares of DPZ. The Kentucky-based Mcf Lc has invested 0.03% in Domino's Pizza, Inc. Bluestein R H stated it has 1.33% in Domino's Pizza, Inc. (NYSE:DPZ) to report earnings on February, 27. Sei Invs reported 15,100 shares or 0.01% of all its holdings.

Analysts await Domino's Pizza, Inc. (NYSE:AFG) shares have performed 0.90%. Brands, Inc. (NYSE:YUM). Boyd Watterson Asset Ltd Liability Com Oh accumulated 3,105 shares or 0.11% of the stock. 238.82 million shares or 0.48% more from 237.67 million shares in 2017Q2 were reported. Soros Fund Mngmt Ltd Liability, New York-based fund reported 1,600 shares. (NYSE:DPZ). Pacad Inv Ltd holds 1,300 shares. Finally, Point72 Asset Management L.P. purchased a new position in Domino's Pizza during the third quarter valued at $32,236,000. Assetmark holds 0.08% of its portfolio in Domino's Pizza, Inc.