1 week Ago By Defense World Staff
Norges Bank acquired a new stake in shares of Papa Johns International, Inc. (NASDAQ:PZZA – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,892 shares of the company’s stock, valued at approximately $324,000.
Several other hedge funds also recently bought and sold shares of PZZA. Irth Capital Management LP bought a new position in Papa Johns International in the 4th quarter valued at $66,883,000. Sei Investments Co.
raised its position in shares of Papa Johns International by 7.3% in the fourth quarter. Sei Investments Co.
now owns 1,500,739 shares of the company’s stock worth $61,635,000 after buying an additional 102,128 shares in the last quarter. Stephens Investment Management Group LLC boosted its stake in Papa Johns International by 6.0% during the fourth quarter.
Stephens Investment Management Group LLC now owns 1,156,705 shares of the company’s stock valued at $47,506,000 after buying an additional 64,972 shares during the period. Segall Bryant & Hamill LLC grew its position in Papa Johns International by 131.4% during the fourth quarter.
Segall Bryant & Hamill LLC now owns 576,329 shares of the company’s stock worth $23,670,000 after buying an additional 327,300 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Papa Johns International by 18.0% during the fourth quarter.
Bank of New York Mellon Corp now owns 389,837 shares of the company’s stock worth $16,011,000 after buying an additional 59,404 shares in the last quarter. Papa Johns International Stock Down 1.8 %NASDAQ PZZA opened at $31.
87 on Friday. The company has a 50-day simple moving average of $42.95 and a two-hundred day simple moving average of $45.
23. Papa Johns International, Inc. has a 12-month low of $30.
71 and a 12-month high of $64.67. The firm has a market cap of $1.
04 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 2.41 and a beta of 1.
25. Papa Johns International Dividend AnnouncementThe business also recently announced 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 yield of 5.
77%. The ex-dividend date of this dividend was Monday, February 10th. Papa Johns International’s dividend payout ratio is presently 73.
02%. Wall Street Analysts Forecast GrowthPZZA has been the subject of a number of research analyst reports. Wedbush reiterated an “outperform” rating and set a $60.
00 price target on shares of Papa Johns International in a research report on Friday, February 28th. Jefferies Financial Group dropped their target price on shares of Papa Johns International from $55.00 to $42.
00 and set a “hold” rating for the company in a research report on Wednesday, January 15th. Loop Capital cut their price target on shares of Papa Johns International from $73.00 to $60.
00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Northcoast Research upgraded shares of Papa Johns International to a “hold” rating in a research report on Monday, March 3rd. Finally, Stifel Nicolaus dropped their price objective on shares of Papa Johns International from $45.
00 to $40.00 and set a “hold” rating for the company in a report on Wednesday, March 26th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock.
According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $55.25.
Read Our Latest Stock Report on Papa Johns InternationalPapa Johns International Profile (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.
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