Sei Investments Co. Grows Stock Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Sei Investments Co. boosted its position in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 7.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,500,739 shares of the company's stock after purchasing an additional 102,128 shares during the quarter. Sei Investments Co. owned about 4.60% of Papa Johns International worth $61,635,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB grew its holdings in shares of Papa Johns International by 300.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock worth $25,000 after buying an additional 450 shares in the last quarter. Jones Financial Companies Lllp boosted its position in 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 last quarter. AlphaQuest LLC purchased a new stake in Papa Johns International in the 4th quarter worth approximately $190,000. Nwam LLC acquired a new position in Papa Johns International in the 3rd quarter valued at $210,000. Finally, Blue Trust Inc. lifted its stake in shares of Papa Johns International by 15.8% during the 4th 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.

Papa Johns International Stock Up 0.6 %

Shares of Papa Johns International stock traded up $0.23 during trading hours on Thursday, hitting $41.02. The company's stock had a trading volume of 1,754,828 shares, compared to its average volume of 1,189,076. The business has a fifty day moving average of $43.43 and a 200 day moving average of $46.50. Papa Johns International, Inc. has a 1-year low of $35.28 and a 1-year high of $68.66. The company has a market capitalization of $1.34 billion, a PE ratio of 14.29, a P/E/G ratio of 2.41 and a beta of 1.16.

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Papa Johns International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend was Monday, February 10th. Papa Johns International's dividend payout ratio (DPR) is presently 73.02%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on PZZA shares. Stephens reaffirmed an "overweight" rating and issued a $60.00 price objective on shares of Papa Johns International in a research report on Thursday, February 27th. Stifel Nicolaus lowered their price target on Papa Johns International from $45.00 to $40.00 and set a "hold" rating for the company in a report on Wednesday. Wedbush reiterated an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th. Loop Capital lowered their target price on shares of Papa Johns International from $73.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Finally, Northcoast Research raised shares of Papa Johns International to a "hold" rating in a research note on Monday, March 3rd. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently 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.