Dean Investment Associates LLC Has $2.60 Million Holdings in Papa Johns International, Inc. (NASDAQ:PZZA)

Dean Investment Associates LLC boosted its holdings in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 16.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,305 shares of the company's stock after purchasing an additional 8,797 shares during the quarter. Dean Investment Associates LLC owned approximately 0.19% of Papa Johns International worth $2,600,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of PZZA. Wilmington Savings Fund Society FSB boosted its stake in shares of Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock worth $25,000 after purchasing an additional 450 shares during the period. CIBC Private Wealth Group LLC purchased a new position in Papa Johns International in the fourth quarter worth $30,000. Jones Financial Companies Lllp raised its stake in Papa Johns International by 111.9% in the fourth 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. New Age Alpha Advisors LLC acquired a new position in Papa Johns International during the 4th quarter valued at approximately $58,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Papa Johns International during the fourth quarter worth about $164,000.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PZZA. Stifel Nicolaus reduced their price objective on shares of Papa Johns International from $40.00 to $38.00 and set a "hold" rating for the company in a research report on Tuesday, April 15th. 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. Northcoast Research raised Papa Johns International to a "hold" rating in a research note on Monday, March 3rd. Benchmark lowered their price target on Papa Johns International from $65.00 to $50.00 and set a "buy" rating on the stock in a report on Monday. Finally, Loop Capital lowered 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 report on Tuesday, January 21st. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Papa Johns International currently has an average rating of "Hold" and an average price target of $53.00.

Papa Johns International Stock Performance

Papa Johns International stock traded up $0.94 during midday trading on Wednesday, reaching $32.53. The stock had a trading volume of 370,804 shares, compared to its average volume of 1,239,409. The firm's fifty day simple moving average is $41.47 and its 200-day simple moving average is $44.18. The stock has a market capitalization of $1.06 billion, a P/E ratio of 11.33, a price-to-earnings-growth ratio of 2.41 and a beta of 1.25. Papa Johns International, Inc. has a 1-year low of $30.16 and a 1-year high of $64.67.

Papa Johns International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 5.66%. The ex-dividend date was Monday, February 10th. Papa Johns International's dividend payout ratio is presently 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.