** Domino's Pizza DPZ.O shares up 2.3% premarket to $487.40 after Warren Buffett's Berkshire Hathaway BRKa.N disclosed bigger stake
** Late Fri, Berkshire revealed it bought an additional 1.1 mln shares of world's largest pizza chain in Q4 2024, an 86% boost
** Berkshire now owns ~2.4 mln shares, or 6.9% of DPZ, for stake worth ~$1 bln, as of the filing
** Berkshire ranks as third largest DPZ investor, below Vanguard (11.7% stake) and T. Rowe Price (7.6%), and just above BlackRock (5.6%), LSEG data shows
** Of 33 analysts covering DPZ, recommendation breakdown is 22 "strong buy" or "buy", 10 "hold" and 1 "sell"; median PT of $498 up from $475 on Nov 18
** Through Fri close, shares up 13.6% YTD vs ~1% gain in S&P 500 Consumer Discretionary sector .SPLRCD and 4% advance in S&P 500 .SPX
** DPZ due to release Q4 earnings on Mon, Feb 24, before the bell
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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