WINTON GROUP Ltd raised its stake in shares of Papa Johns International, Inc. (NASDAQ:PZZA – Free Report) by 35.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 26,415 shares of the company’s stock after purchasing an additional 6,924 shares during the quarter. WINTON GROUP Ltd owned 0.08% of Papa Johns International worth $1,085,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB raised its holdings 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. raised its stake in shares of Papa Johns International by 5.5% in the fourth quarter. Atlas Brown Inc. now owns 10,453 shares of the company’s stock valued at $429,000 after purchasing an additional 546 shares in the last quarter. KBC Group NV raised its stake in shares of Papa Johns International by 9.1% in the fourth quarter. KBC Group NV now owns 6,639 shares of the company’s stock valued at $273,000 after purchasing an additional 551 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Papa Johns International by 111.9% in the fourth quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock worth $56,000 after purchasing an additional 717 shares during the period. Finally, Blue Trust Inc. boosted its stake in Papa Johns International by 15.8% during the fourth quarter. Blue Trust Inc. now owns 5,425 shares of the company’s stock worth $223,000 after buying an additional 740 shares in the last quarter.
Wall Street Analyst Weigh In
A number of research firms have recently commented on PZZA. Northcoast Research raised shares of Papa Johns International to a “hold” rating in a report on Monday, March 3rd. Jefferies Financial Group decreased their price objective on Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. Wedbush reiterated an “outperform” rating and issued a $60.00 price objective on shares of Papa Johns International in a research note on Friday, February 28th. UBS Group cut their target price on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Finally, Stephens reiterated an “overweight” rating and issued a $60.00 price target on shares of Papa Johns International in a research report on Thursday, February 27th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Papa Johns International has an average rating of “Hold” and a consensus price target of $55.25.
Papa Johns International Stock Performance
Shares of PZZA stock opened at $39.84 on Friday. Papa Johns International, Inc. has a 52 week low of $35.28 and a 52 week high of $68.66. The stock has a market capitalization of $1.30 billion, a PE ratio of 13.88, a PEG ratio of 2.41 and a beta of 1.16. The stock’s fifty day moving average is $43.60 and its 200-day moving average is $46.41.
Papa Johns International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 4.62%. The ex-dividend date was Monday, February 10th. Papa Johns International’s payout ratio is presently 73.02%.
Papa Johns International 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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