Marshall Wace LLP Takes $1.37 Million Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Marshall Wace LLP acquired a new stake in Papa Johns International, Inc. (NASDAQ:PZZA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 33,401 shares of the company’s stock, valued at approximately $1,372,000. Marshall Wace LLP owned about 0.10% of Papa Johns International as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Irth Capital Management LP acquired a new position in Papa Johns International in the fourth quarter valued at approximately $66,883,000. Moody National Bank Trust Division lifted its holdings in Papa Johns International by 142.3% in the fourth quarter. Moody National Bank Trust Division now owns 22,644 shares of the company’s stock valued at $930,000 after acquiring an additional 13,297 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in Papa Johns International in the fourth quarter valued at approximately $559,000. Raymond James Financial Inc. acquired a new position in Papa Johns International in the fourth quarter valued at approximately $5,647,000. Finally, Sei Investments Co. lifted its holdings in Papa Johns International by 7.3% in the fourth quarter. Sei Investments Co. now owns 1,500,739 shares of the company’s stock valued at $61,635,000 after acquiring an additional 102,128 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Northcoast Research upgraded Papa Johns International to a “hold” rating in a report on Monday, March 3rd. UBS Group decreased their price target on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Benchmark decreased their price target on Papa Johns International from $65.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, April 21st. Wedbush restated an “outperform” rating and set a $60.00 price target on shares of Papa Johns International in a research note on Friday, February 28th. Finally, Stifel Nicolaus decreased their price target on Papa Johns International from $40.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $53.00.

Papa Johns International Trading Up 0.7 %

Shares of NASDAQ PZZA opened at $33.71 on Tuesday. The stock has a market cap of $1.10 billion, a P/E ratio of 11.75, a PEG ratio of 2.41 and a beta of 1.25. Papa Johns International, Inc. has a 12-month low of $30.16 and a 12-month high of $64.06. The business’s fifty day simple moving average is $40.17 and its 200-day simple moving average is $43.70.

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.