Nebula Research & Development LLC Takes Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Nebula Research & Development LLC bought a new position in shares of Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 31,892 shares of the company's stock, valued at approximately $1,310,000. Nebula Research & Development LLC owned approximately 0.10% of Papa Johns International at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Irth Capital Management LP purchased a new position in shares of Papa Johns International in the 4th quarter valued at about $66,883,000. Sei Investments Co. lifted its stake in Papa Johns International by 7.3% in the fourth quarter. Sei Investments Co. now owns 1,500,739 shares of the company's stock worth $61,635,000 after acquiring an additional 102,128 shares during the last quarter. Stephens Investment Management Group LLC grew its holdings in Papa Johns International by 6.0% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,156,705 shares of the company's stock worth $47,506,000 after acquiring an additional 64,972 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Papa Johns International by 117.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,118,403 shares of the company's stock worth $45,933,000 after acquiring an additional 603,650 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Papa Johns International by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 591,937 shares of the company's stock valued at $24,310,000 after purchasing an additional 15,513 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PZZA shares. Northcoast Research upgraded shares of Papa Johns International to a "hold" rating in a research note on Monday, March 3rd. UBS Group lowered 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. Benchmark cut their target price on Papa Johns International from $65.00 to $50.00 and set a "buy" rating on the stock in a research report on Monday, April 21st. Wedbush restated an "outperform" rating and set a $60.00 target price on shares of Papa Johns International in a research note on Friday, February 28th. Finally, Stifel Nicolaus dropped their price target on shares of Papa Johns International from $40.00 to $38.00 and set a "hold" rating on the stock in a research note on Tuesday, April 15th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $53.00.

Papa Johns International Stock Performance

Shares of Papa Johns International stock opened at $33.48 on Friday. The company has a market capitalization of $1.10 billion, a P/E ratio of 11.67, a PEG 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 $64.06. The company's fifty day moving average is $40.47 and its two-hundred day moving average is $43.85.

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.

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