27,719 Shares in Papa Johns International, Inc. (NASDAQ:PZZA) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,719 shares of the company's stock, valued at approximately $1,493,000. Landscape Capital Management L.L.C. owned 0.08% of Papa Johns International at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PZZA. 1832 Asset Management L.P. bought a new position in shares of Papa Johns International during the second quarter worth about $93,586,000. River Road Asset Management LLC grew its stake in shares of Papa Johns International by 88.1% during the 3rd quarter. River Road Asset Management LLC now owns 2,285,665 shares of the company's stock worth $123,129,000 after acquiring an additional 1,070,485 shares in the last quarter. Cowen AND Company LLC acquired a new stake in shares of Papa Johns International in the second quarter valued at approximately $32,736,000. Earnest Partners LLC lifted its position in Papa Johns International by 25.9% during the 2nd quarter. Earnest Partners LLC now owns 2,170,945 shares of the company's stock worth $101,991,000 after buying an additional 446,477 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Papa Johns International by 30.2% in the 2nd quarter. Sei Investments Co. now owns 1,214,184 shares of the company's stock valued at $57,042,000 after acquiring an additional 281,399 shares in the last quarter.

Papa Johns International Trading Up 4.3 %

NASDAQ PZZA traded up $2.06 during midday trading on Friday, hitting $49.92. The company had a trading volume of 1,183,589 shares, compared to its average volume of 1,005,262. The firm has a 50-day moving average price of $51.71 and a 200-day moving average price of $48.46. The company has a market capitalization of $1.63 billion, a PE ratio of 17.34, a P/E/G ratio of 2.37 and a beta of 1.19. Papa Johns International, Inc. has a twelve month low of $39.90 and a twelve month high of $78.67.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company had revenue of $506.80 million during the quarter, compared to analysts' expectations of $497.28 million. During the same period in the previous year, the company earned $0.53 EPS. The business's revenue for the quarter was down 3.1% compared to the same quarter last year. On average, equities analysts anticipate that Papa Johns International, Inc. will post 2.23 EPS for the current year.

Papa Johns International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend is Monday, November 18th. Papa Johns International's dividend payout ratio (DPR) is presently 64.11%.

Wall Street Analysts Forecast Growth

PZZA has been the subject of several recent research reports. Piper Sandler reduced their price target on Papa Johns International from $61.00 to $50.00 and set a "neutral" rating for the company in a research report on Friday, August 9th. UBS Group lifted their price objective on shares of Papa Johns International from $47.00 to $56.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Bank of America upped their target price on shares of Papa Johns International from $66.00 to $71.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft reduced their price target on Papa Johns International from $58.00 to $45.00 and set a "hold" rating for the company in a report on Friday, August 9th. Finally, KeyCorp cut Papa Johns International from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 14th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Papa Johns International has a consensus rating of "Hold" and a consensus target price 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.