Papa Johns International, Inc. (NASDAQ:PZZA) Shares Acquired by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC increased its holdings in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,156,705 shares of the company’s stock after purchasing an additional 64,972 shares during the period. Stephens Investment Management Group LLC’s holdings in Papa Johns International were worth $47,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in shares of Papa Johns International by 66.9% in the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after buying an additional 259 shares in the last quarter. CWM LLC boosted its holdings in Papa Johns International by 27.5% in the 3rd quarter. CWM LLC now owns 1,690 shares of the company’s stock worth $91,000 after acquiring an additional 365 shares during the period. Wilmington Savings Fund Society FSB grew its position in 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 acquiring an additional 450 shares in the last quarter. Atlas Brown Inc. lifted its position in shares of Papa Johns International by 5.5% during the fourth quarter. Atlas Brown Inc. now owns 10,453 shares of the company’s stock worth $429,000 after purchasing an additional 546 shares in the last quarter. Finally, KBC Group NV boosted 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 during the period.

Papa Johns International Stock Down 2.8 %

PZZA opened at $38.05 on Friday. The company’s 50-day moving average price is $41.11 and its 200 day moving average price is $46.30. Papa Johns International, Inc. has a fifty-two week low of $35.28 and a fifty-two week high of $76.91. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 13.26, a price-to-earnings-growth ratio of 1.94 and a beta of 1.19.

Papa Johns International (NASDAQ:PZZA) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The business had revenue of $506.80 million for the quarter, compared to analysts’ expectations of $497.28 million. During the same period in the prior year, the firm earned $0.53 EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Research analysts anticipate that Papa Johns International, Inc. will post 2.19 earnings per share for the current year.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date is Monday, February 10th. Papa Johns International’s payout ratio is 64.11%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PZZA. Bank of America lifted their price target on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. KeyCorp cut Papa Johns International from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. UBS Group lowered their price objective on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Loop Capital cut their target price on Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Finally, Wedbush reissued an “outperform” rating and set a $60.00 price target on shares of Papa Johns International in a research report on Wednesday, January 15th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $55.83.

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.