Papa Johns International, Inc. (NASDAQ:PZZA) Stake Increased by Headlands Technologies LLC

Headlands Technologies LLC raised its position in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 106.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,926 shares of the company's stock after buying an additional 8,213 shares during the quarter. Headlands Technologies LLC's holdings in Papa Johns International were worth $654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB boosted its stake in 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. Atlas Brown Inc. boosted its stake 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 buying an additional 546 shares during the period. KBC Group NV grew its holdings in shares of Papa Johns International by 9.1% during the fourth quarter. KBC Group NV now owns 6,639 shares of the company's stock worth $273,000 after buying an additional 551 shares during the last quarter. Jones Financial Companies Lllp increased its position in Papa Johns International by 111.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company's stock valued at $56,000 after acquiring an additional 717 shares during the period. Finally, Blue Trust Inc. raised its stake in 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 acquiring an additional 740 shares during the last quarter.

Remove Ads

Papa Johns International Price Performance

NASDAQ PZZA traded down $1.09 on Monday, reaching $35.25. The company had a trading volume of 681,111 shares, compared to its average volume of 1,215,084. The firm has a market capitalization of $1.15 billion, a PE ratio of 12.19, a P/E/G ratio of 2.41 and a beta of 1.25. The firm has a 50-day moving average of $43.83 and a 200-day moving average of $46.01. Papa Johns International, Inc. has a 1 year low of $34.13 and a 1 year high of $64.67.

Papa Johns International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date was Monday, February 10th. Papa Johns International's payout ratio is 73.02%.

Analyst Ratings Changes

Several brokerages recently weighed in on PZZA. Loop Capital decreased their price target on Papa Johns International from $73.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Jefferies Financial Group cut 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. UBS Group cut their price objective on Papa Johns International from $56.00 to $45.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th. Wedbush reiterated an "outperform" rating and set a $60.00 target price on shares of Papa Johns International in a report on Friday, February 28th. Finally, Stifel Nicolaus dropped their price objective on Papa Johns International from $45.00 to $40.00 and set a "hold" rating for the company in a research report on Wednesday, March 26th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, Papa Johns International has a consensus rating of "Hold" and an average price target of $55.25.

Papa Johns International Company 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.