Entropy Technologies LP Has $260,000 Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Entropy Technologies LP reduced its holdings in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 18.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,333 shares of the company’s stock after selling 1,439 shares during the period. Entropy Technologies LP’s holdings in Papa Johns International were worth $260,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Signaturefd LLC lifted its position in Papa Johns International by 66.9% in 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. CWM LLC lifted its position in Papa Johns International by 27.5% in the 3rd quarter. CWM LLC now owns 1,690 shares of the company’s stock valued at $91,000 after acquiring an additional 365 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its position in Papa Johns International by 300.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares in the last quarter. Atlas Brown Inc. lifted its position in Papa Johns International by 5.5% in the 4th quarter. Atlas Brown Inc. now owns 10,453 shares of the company’s stock valued at $429,000 after acquiring an additional 546 shares in the last quarter. Finally, KBC Group NV lifted its position in Papa Johns International by 9.1% in the 4th quarter. KBC Group NV now owns 6,639 shares of the company’s stock valued at $273,000 after acquiring an additional 551 shares in the last quarter.

Analysts Set New Price Targets

Several research firms have commented on PZZA. Wedbush reissued an “outperform” rating and set a $60.00 target price on shares of Papa Johns International in a research report on Wednesday, January 15th. Stephens reissued an “overweight” rating and set a $62.00 target price on shares of Papa Johns International in a research report on Monday, January 13th. Bank of America lifted their target price on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Jefferies Financial Group dropped their target price on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a research report on Wednesday, January 15th. Finally, Loop Capital dropped their target price on shares of Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $55.83.

Papa Johns International Trading Up 18.4 %

Papa Johns International stock opened at $51.28 on Friday. Papa Johns International, Inc. has a 1-year low of $35.28 and a 1-year high of $76.91. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 1.94 and a beta of 1.19. The firm has a 50 day simple moving average of $40.66 and a 200 day simple moving average of $46.35.

Papa Johns International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Monday, February 10th will be given a dividend of $0.46 per share. The ex-dividend date is Monday, February 10th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.59%. Papa Johns International’s dividend payout ratio (DPR) is currently 64.11%.

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.