Guidance Capital Inc. bought a new position in Papa Johns International, Inc. (NASDAQ:PZZA – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 12,280 shares of the company’s stock, valued at approximately $479,000.
Several other institutional investors also recently bought and sold shares of PZZA. Signaturefd LLC boosted its position in Papa Johns International by 66.9% during the 3rd quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after acquiring an additional 259 shares in the last quarter. Copeland Capital Management LLC purchased a new stake in shares of Papa Johns International during the 3rd quarter worth $42,000. US Bancorp DE boosted its position in Papa Johns International by 225.4% during the third quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after purchasing an additional 922 shares in the last quarter. CWM LLC grew its stake in Papa Johns International by 27.5% in the third quarter. CWM LLC now owns 1,690 shares of the company’s stock valued at $91,000 after purchasing an additional 365 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of Papa Johns International during the third quarter valued at about $156,000.
Papa Johns International Trading Down 0.7 %
NASDAQ:PZZA opened at $39.54 on Wednesday. Papa Johns International, Inc. has a twelve month low of $35.28 and a twelve month high of $76.91. The company has a market cap of $1.29 billion, a P/E ratio of 13.78, a P/E/G ratio of 1.96 and a beta of 1.19. The company’s 50-day moving average price is $41.77 and its 200-day moving average price is $46.43.
Papa Johns International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Monday, February 10th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend is Monday, February 10th. Papa Johns International’s dividend payout ratio (DPR) is presently 64.11%.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. Loop Capital lowered their price objective on Papa Johns International from $73.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. KeyCorp lowered Papa Johns International from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. Stephens restated an “overweight” rating and set a $62.00 price objective on shares of Papa Johns International in a report on Monday, January 13th. Jefferies Financial Group lowered their target price on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a research note on Wednesday, January 15th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Papa Johns International in a report on Wednesday, January 15th. Eight analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $55.83.
Check Out Our Latest Research Report on PZZA
Papa Johns International Company Profile
Papa John’s International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.
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