Headlands Technologies LLC Purchases 8,213 Shares of Papa Johns International, Inc. (NASDAQ:PZZA)

Headlands Technologies LLC grew its position in Papa Johns International, Inc. (NASDAQ:PZZA) by 106.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,926 shares of the company’s stock after acquiring an additional 8,213 shares during the period. Headlands Technologies LLC’s holdings in Papa Johns International were worth $654,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB lifted its position in shares of Papa Johns International by 300.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 450 shares during the last quarter. Atlas Brown Inc. increased its holdings 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 during the last quarter. KBC Group NV raised its position 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 during the period. Jones Financial Companies Lllp lifted its stake in shares of Papa Johns International by 111.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock worth $56,000 after buying an additional 717 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in Papa Johns International by 15.8% in the 4th quarter. Blue Trust Inc. now owns 5,425 shares of the company’s stock valued at $223,000 after buying an additional 740 shares during the last quarter.

Papa Johns International Stock Up 0.7 %

NASDAQ:PZZA opened at $41.87 on Thursday. Papa Johns International, Inc. has a twelve month low of $35.28 and a twelve month high of $66.81. The stock’s 50-day simple moving average is $43.86 and its 200 day simple moving average is $46.24. The firm has a market capitalization of $1.37 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 2.41 and a beta of 1.25.

Papa Johns International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 4.39%. The ex-dividend date was Monday, February 10th. Papa Johns International’s dividend payout ratio (DPR) is presently 73.02%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Northcoast Research upgraded Papa Johns International to a “hold” rating in a research note on Monday, March 3rd. Loop Capital decreased their price target on shares of 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. 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. Jefferies Financial Group decreased 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, UBS Group dropped their price target on shares of 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. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $55.25.

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.