1 week Ago By ABMN Staff
Norges Bank bought a new position in Papa Johns International, Inc. ( NASDAQ:PZZA – Free Report ) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 7,892 shares of the company’s stock, valued at approximately $324,000.
A number of other large investors have also recently modified their holdings of PZZA. Irth Capital Management LP bought a new position in Papa Johns International in the fourth quarter worth about $66,883,000. Segall Bryant & Hamill LLC grew its holdings in shares of Papa Johns International by 131.
4% during the 4th quarter. Segall Bryant & Hamill LLC now owns 576,329 shares of the company’s stock worth $23,670,000 after acquiring an additional 327,300 shares during the period. Wellington Management Group LLP purchased a new position in shares of Papa Johns International during the 3rd quarter worth approximately $15,845,000.
Raymond James Financial Inc. bought a new position in shares of Papa Johns International in the 4th quarter worth approximately $5,647,000. Finally, Sei Investments Co.
lifted its stake in shares of Papa Johns International by 7.3% in the 4th quarter. Sei Investments Co.
now owns 1,500,739 shares of the company’s stock valued at $61,635,000 after purchasing an additional 102,128 shares during the period. Analyst Ratings Changes Several equities research analysts recently weighed in on the company. UBS Group reduced their price target on Papa Johns International from $56.
00 to $45.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Stephens reaffirmed an “overweight” rating and issued a $60.
00 target price on shares of Papa Johns International in a research report on Thursday, February 27th. Wedbush reissued an “outperform” rating and set a $60.00 price target on shares of Papa Johns International in a research report on Friday, February 28th.
Loop Capital dropped their price objective 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.
Finally, Northcoast Research raised Papa Johns International to a “hold” rating in a research report on Monday, March 3rd. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $55.
25. Papa Johns International Price Performance PZZA stock opened at $31.87 on Friday.
The stock has a market capitalization of $1.04 billion, a P/E ratio of 11.10, a P/E/G ratio of 2.
41 and a beta of 1.25. Papa Johns International, Inc.
has a 1-year low of $30.71 and a 1-year high of $64.67.
The business has a fifty day moving average price of $42.95 and a 200-day moving average price of $45.23.
Papa Johns International Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were paid a $0.46 dividend.
The ex-dividend date was Monday, February 10th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 5.
77%. Papa Johns International’s dividend payout ratio is presently 73.02%.
About Papa Johns International ( Free Report ) 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.
Read More Want to see what other hedge funds are holding PZZA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Papa Johns International, Inc. ( NASDAQ:PZZA – Free Report ).
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