Amundi Acquires 10,023 Shares of Papa Johns International, Inc. (NASDAQ:PZZA)

Amundi grew its stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 174.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,767 shares of the company's stock after purchasing an additional 10,023 shares during the quarter. Amundi's holdings in Papa Johns International were worth $599,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB grew its stake in Papa Johns International by 300.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock valued at $25,000 after buying an additional 450 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Papa Johns International by 111.9% during the fourth quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company's stock worth $56,000 after acquiring an additional 717 shares during the period. Nwam LLC acquired a new position in shares of Papa Johns International in the third quarter valued at approximately $210,000. Blue Trust Inc. increased its stake in shares of Papa Johns International by 15.8% during the fourth quarter. Blue Trust Inc. now owns 5,425 shares of the company's stock worth $223,000 after purchasing an additional 740 shares during the period. Finally, MML Investors Services LLC acquired a new stake in Papa Johns International during the 3rd quarter worth approximately $266,000.

Papa Johns International Stock Down 2.5 %

Shares of NASDAQ PZZA traded down $1.10 during midday trading on Monday, reaching $43.62. 1,729,353 shares of the company were exchanged, compared to its average volume of 1,180,895. The stock's 50-day moving average price is $43.18 and its 200-day moving average price is $46.61. The stock has a market cap of $1.42 billion, a P/E ratio of 15.20, a PEG ratio of 2.41 and a beta of 1.16. Papa Johns International, Inc. has a one year low of $35.28 and a one year high of $68.66.

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Papa Johns International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date was Monday, February 10th. Papa Johns International's payout ratio is 73.02%.

Wall Street Analysts Forecast Growth

PZZA has been the topic of several recent research reports. UBS Group lowered their price objective on Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Loop Capital dropped their price objective 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 reduced their target price on 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 reaffirmed an "overweight" rating and issued a $60.00 price target on shares of Papa Johns International in a research note on Thursday, February 27th. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Papa Johns International has a consensus rating of "Hold" and an average target price of $55.67.

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.