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Pinnacle Reduces Stake in Domino’s Pizza Enterprises

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Pinnacle Reduces Stake in Domino’s Pizza Enterprises

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Domino’s Pizza Enterprises Limited ( (AU:DMP) ) has provided an update.

Pinnacle Investment Management Group Limited has reduced its stake in Domino’s Pizza Enterprises Limited, decreasing its voting power from 9.76% to 8.58%. This change in substantial holding reflects a shift in Pinnacle’s investment strategy and could influence market perceptions and stakeholder confidence in Domino’s Pizza.

The most recent analyst rating on (AU:DMP) stock is a Buy with a A$46.00 price target. To see the full list of analyst forecasts on Domino’s Pizza Enterprises Limited stock, see the AU:DMP Stock Forecast page.

More about Domino’s Pizza Enterprises Limited

Domino’s Pizza Enterprises Limited operates within the fast-food industry, specializing in pizza delivery and takeaway services. As a prominent player in the global market, the company focuses on providing convenient and quick-service dining experiences to its customers.

Average Trading Volume: 448,393

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.27B

Learn more about DMP stock on TipRanks’ Stock Analysis page.

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