Dean Investment Associates LLC Takes Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Dean Investment Associates LLC bought a new stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 54,508 shares of the company's stock, valued at approximately $2,936,000. Dean Investment Associates LLC owned approximately 0.17% of Papa Johns International as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. XTX Topco Ltd bought a new stake in shares of Papa Johns International in the third quarter worth about $621,000. iSAM Funds UK Ltd grew its position in shares of Papa Johns International by 47.9% in the 3rd quarter. iSAM Funds UK Ltd now owns 10,003 shares of the company's stock valued at $539,000 after purchasing an additional 3,241 shares during the period. Wellington Management Group LLP bought a new stake in Papa Johns International during the 3rd quarter worth approximately $15,845,000. Stifel Financial Corp raised its holdings in Papa Johns International by 39.4% during the 3rd quarter. Stifel Financial Corp now owns 12,157 shares of the company's stock worth $655,000 after buying an additional 3,433 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Papa Johns International in the third quarter valued at approximately $7,870,000.

Papa Johns International Stock Up 3.2 %

Shares of NASDAQ:PZZA traded up $1.55 during midday trading on Monday, hitting $50.30. The stock had a trading volume of 829,491 shares, compared to its average volume of 1,002,394. The company has a market cap of $1.64 billion, a P/E ratio of 17.53, a PEG ratio of 2.47 and a beta of 1.16. Papa Johns International, Inc. has a 12 month low of $39.90 and a 12 month high of $78.67. The business's 50-day simple moving average is $51.27 and its 200-day simple moving average is $48.15.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.01. The company had revenue of $506.80 million during the quarter, compared to the consensus estimate of $497.28 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 EPS. As a group, equities analysts predict that Papa Johns International, Inc. will post 2.21 earnings per share for the current year.

Papa Johns International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were paid a $0.46 dividend. The ex-dividend date was Monday, November 18th. This represents a $1.84 annualized dividend and a yield of 3.66%. Papa Johns International's dividend payout ratio is 64.11%.

Wall Street Analysts Forecast Growth

PZZA has been the subject of several research reports. Bank of America increased their price objective on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Stephens reissued an "overweight" rating and issued a $62.00 price target on shares of Papa Johns International in a research note on Thursday, November 7th. Wedbush restated an "outperform" rating and issued a $60.00 price target on shares of Papa Johns International in a report on Friday, November 8th. UBS Group increased their price objective on Papa Johns International from $47.00 to $56.00 and gave the stock a "neutral" rating in a report on Friday, November 8th. Finally, KeyCorp cut Papa Johns International from an "overweight" rating to a "sector weight" rating in a research note on Thursday, November 14th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $60.82.

Papa Johns International Profile

Papa John's International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.