EntryPoint Capital LLC Makes New Investment in Papa Johns International, Inc. (NASDAQ:PZZA)

EntryPoint Capital LLC purchased a new position in shares of Papa Johns International, Inc. (NASDAQ:PZZA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,792 shares of the company’s stock, valued at approximately $320,000.

Other large investors also recently modified their holdings of the company. Intech Investment Management LLC bought a new position in Papa Johns International in the third quarter valued at about $411,000. Charles Schwab Investment Management Inc. raised its holdings in Papa Johns International by 8.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 378,676 shares of the company’s stock valued at $20,399,000 after buying an additional 28,883 shares during the last quarter. FMR LLC boosted its position in Papa Johns International by 89.2% during the 3rd quarter. FMR LLC now owns 6,150 shares of the company’s stock worth $331,000 after buying an additional 2,900 shares during the period. BNP Paribas Financial Markets boosted its position in Papa Johns International by 19.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 22,130 shares of the company’s stock worth $1,192,000 after buying an additional 3,659 shares during the period. Finally, Isthmus Partners LLC increased its position in Papa Johns International by 264.4% in the 3rd quarter. Isthmus Partners LLC now owns 35,759 shares of the company’s stock valued at $1,926,000 after acquiring an additional 25,947 shares during the period.

Papa Johns International Stock Up 0.6 %

NASDAQ:PZZA opened at $41.02 on Friday. Papa Johns International, Inc. has a twelve month low of $35.28 and a twelve month high of $68.66. The company has a fifty day moving average of $43.52 and a 200-day moving average of $46.46. The firm has a market capitalization of $1.34 billion, a P/E ratio of 14.29, a P/E/G ratio of 2.41 and a beta of 1.16.

Papa Johns International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 4.49%. The ex-dividend date was Monday, February 10th. Papa Johns International’s dividend payout ratio (DPR) is currently 73.02%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Jefferies Financial Group cut their price target on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. UBS Group cut their target price on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Wedbush reissued an “outperform” rating and issued a $60.00 price target on shares of Papa Johns International in a research note on Friday, February 28th. Loop Capital cut their price objective on Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Finally, Northcoast Research upgraded Papa Johns International to a “hold” rating in a report on Monday, March 3rd. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $55.25.

About Papa Johns International

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.