Domino's Pizza, Inc. (NYSE:DPZ) jumped 10 spots and became Melvin Capital Management's third largest equity holding at the end of December owing largely to the fund increasing its stake in it by 63% during the fourth quarter. The fund's conviction on the stock is paying off in a this quarter as the shares of the company have skyrocketed in the past few days after it released its fourth quarter financial results and are trading up 20.2% year-to-date. For the quarter, Domino's Pizza, Inc. (NYSE:DPZ) declared EPS of $1.15 on revenue of $741.20 million, beating analysts' expectations of $1.11 and $706.77 million, respectively. After the results, several analysts raised their price target on the stock, including Jefferies Group, which raised the target to $125 from $102, but kept the rating at 'Hold'. Steve Cohen's Point72 Asset Management also increased its stake in the company by 132% to 378,900 shares during the fourth quarter.