5,794 Shares in Papa Johns International, Inc. (NASDAQ:PZZA) Acquired by Virtu Financial LLC

Virtu Financial LLC bought a new stake in Papa Johns International, Inc. (NASDAQ:PZZA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,794 shares of the company’s stock, valued at approximately $312,000.

A number of other hedge funds and other institutional investors have also modified their holdings of PZZA. River Road Asset Management LLC boosted its position in shares of Papa Johns International by 88.1% during the 3rd quarter. River Road Asset Management LLC now owns 2,285,665 shares of the company’s stock valued at $123,129,000 after acquiring an additional 1,070,485 shares during the last quarter. Earnest Partners LLC boosted its holdings in Papa Johns International by 25.9% in the 2nd quarter. Earnest Partners LLC now owns 2,170,945 shares of the company’s stock valued at $101,991,000 after purchasing an additional 446,477 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in shares of Papa Johns International in the 2nd quarter valued at approximately $93,586,000. Sei Investments Co. increased its holdings in shares of Papa Johns International by 30.2% during the 2nd quarter. Sei Investments Co. now owns 1,214,184 shares of the company’s stock worth $57,042,000 after buying an additional 281,399 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its position in shares of Papa Johns International by 19.3% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,091,733 shares of the company’s stock valued at $58,812,000 after buying an additional 176,470 shares during the period.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Stephens reissued an “overweight” rating and set a $62.00 target price on shares of Papa Johns International in a research note on Friday. Bank of America raised their price objective on Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. UBS Group upped their target price on shares of Papa Johns International from $47.00 to $56.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Wedbush reiterated an “outperform” rating and set a $60.00 price target on shares of Papa Johns International in a research report on Friday. Finally, KeyCorp lowered shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Eight 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 currently has an average rating of “Hold” and a consensus target price of $60.82.

Papa Johns International Price Performance

Shares of NASDAQ PZZA opened at $42.34 on Tuesday. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 2.27 and a beta of 1.16. The stock’s 50-day moving average is $50.66 and its two-hundred day moving average is $48.10. Papa Johns International, Inc. has a 1-year low of $39.90 and a 1-year high of $78.67.

Papa Johns International (NASDAQ:PZZA) last released its earnings results on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The firm had revenue of $506.80 million for the quarter, compared to analyst estimates of $497.28 million. During the same period in the prior year, the firm earned $0.53 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities research analysts anticipate that Papa Johns International, Inc. will post 2.21 earnings per share for the current fiscal year.

Papa Johns International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 18th were given a dividend of $0.46 per share. The ex-dividend date was Monday, November 18th. This represents a $1.84 annualized dividend and a dividend yield of 4.35%. Papa Johns International’s dividend payout ratio (DPR) is currently 64.11%.

Papa Johns International Profile

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.