Wealthfront Advisers LLC Takes $559,000 Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Wealthfront Advisers LLC acquired a new stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,617 shares of the company's stock, valued at approximately $559,000.

A number of other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB grew its stake 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 purchasing an additional 450 shares during the period. Atlas Brown Inc. lifted its position in shares of Papa Johns International by 5.5% during the 4th quarter. Atlas Brown Inc. now owns 10,453 shares of the company's stock valued at $429,000 after buying an additional 546 shares during the last quarter. KBC Group NV lifted its position in shares of Papa Johns International by 9.1% during the 4th quarter. KBC Group NV now owns 6,639 shares of the company's stock valued at $273,000 after buying an additional 551 shares during the last quarter. Jones Financial Companies Lllp lifted its position 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 valued at $56,000 after buying an additional 717 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Papa Johns International by 15.8% during 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.

Analysts Set New Price Targets

PZZA has been the topic of a number of recent research reports. Stephens reaffirmed an "overweight" rating and set a $60.00 price target on shares of Papa Johns International in a research report on Thursday, February 27th. Loop Capital dropped their price target 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. Northcoast Research raised Papa Johns International to a "hold" rating in a research report on Monday, March 3rd. Wedbush reissued an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th. Finally, UBS Group dropped their price objective on Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $55.67.

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Papa Johns International Price Performance

NASDAQ PZZA traded down $0.36 during trading on Thursday, reaching $45.49. The company's stock had a trading volume of 304,426 shares, compared to its average volume of 1,182,808. The stock has a market capitalization of $1.49 billion, a PE ratio of 15.85, a P/E/G ratio of 2.41 and a beta of 1.16. The firm has a fifty day moving average of $42.87 and a 200 day moving average of $46.67. Papa Johns International, Inc. has a one year low of $35.28 and a one year high of $72.23.

Papa Johns International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders 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 yield of 4.04%. Papa Johns International's dividend payout ratio is currently 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.