Domino's Pizza Inc $DPZ Stock: Sterling Capital Management LLC Reduces Position
Sterling Capital Management LLC significantly reduced its stake in Domino's Pizza Inc. by 85.5% in the third quarter. Despite this, other institutional investors increased their positions, and Domino's reported strong quarterly EPS, exceeding consensus estimates, with revenue rising 3.4%. The company also declared a $1.99 quarterly dividend, and analyst sentiment remains a "Moderate Buy" with a target price of $380.87, though some firms have lowered targets due to growth uncertainties.
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