Papa Johns International, Inc. (NASDAQ:PZZA) Receives Average Rating of "Hold" from Analysts

Papa Johns International, Inc. (NASDAQ:PZZA - Get Free Report) has been given a consensus rating of "Hold" by the thirteen analysts that are currently covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $55.67.

Several research firms have issued reports on PZZA. Jefferies Financial Group cut their price target on shares of Papa Johns International from $55.00 to $42.00 and set a "hold" rating on the stock in a report on Wednesday, January 15th. Stephens reissued an "overweight" rating and set a $60.00 target price on shares of Papa Johns International in a research report on Thursday, February 27th. Wedbush reiterated an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a research note on Friday, February 28th. KeyCorp downgraded Papa Johns International from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 14th. Finally, UBS Group lowered their price target 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.

Institutional Trading of Papa Johns International

Several large investors have recently added to or reduced their stakes in PZZA. Irth Capital Management LP acquired a new stake in shares of Papa Johns International in the fourth quarter valued at $66,883,000. Moody National Bank Trust Division increased its stake in Papa Johns International by 142.3% in the fourth quarter. Moody National Bank Trust Division now owns 22,644 shares of the company's stock valued at $930,000 after purchasing an additional 13,297 shares during the last quarter. Natixis Advisors LLC boosted its stake in Papa Johns International by 85.9% in the third quarter. Natixis Advisors LLC now owns 190,037 shares of the company's stock valued at $10,237,000 after acquiring an additional 87,801 shares in the last quarter. Stephens Investment Management Group LLC lifted its holdings in shares of Papa Johns International by 6.0% in the 4th quarter. Stephens Investment Management Group LLC now owns 1,156,705 shares of the company's stock valued at $47,506,000 after purchasing an additional 64,972 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Papa Johns International by 8.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 378,676 shares of the company's stock worth $20,399,000 after buying an additional 28,883 shares during the period.

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Papa Johns International Trading Up 4.0 %

Shares of PZZA traded up $1.84 during mid-day trading on Tuesday, hitting $48.36. The company's stock had a trading volume of 680,066 shares, compared to its average volume of 1,772,097. The company's 50-day moving average is $41.98 and its 200-day moving average is $46.74. Papa Johns International has a 52-week low of $35.28 and a 52-week high of $72.88. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 16.81, a PEG ratio of 2.41 and a beta of 1.19.

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 issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend was Monday, February 10th. Papa Johns International's payout ratio is 73.02%.

About Papa Johns International

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.