Stephens Investment Management Group LLC Buys 64,972 Shares of Papa Johns International, Inc. (NASDAQ:PZZA)

Stephens Investment Management Group LLC increased its holdings in shares of Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,156,705 shares of the company's stock after purchasing an additional 64,972 shares during the period. Stephens Investment Management Group LLC owned approximately 3.54% of Papa Johns International worth $47,506,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Wilmington Savings Fund Society FSB increased its position in shares of Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock worth $25,000 after purchasing an additional 450 shares during the last quarter. Guidance Capital Inc. bought a new stake in Papa Johns International in the 4th quarter valued at $479,000. Jennison Associates LLC bought a new stake in Papa Johns International in the 4th quarter valued at $1,114,000. KBC Group NV boosted its stake in Papa Johns International by 9.1% in the 4th quarter. KBC Group NV now owns 6,639 shares of the company's stock valued at $273,000 after purchasing an additional 551 shares during the period. Finally, Blue Trust Inc. lifted its position 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 valued at $223,000 after acquiring an additional 740 shares during the period.

Analyst Ratings Changes

A number of analysts have recently weighed in on PZZA shares. KeyCorp downgraded Papa Johns International from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 14th. Jefferies Financial Group dropped their target price on Papa Johns International from $55.00 to $42.00 and set a "hold" rating for the company in a research report on Wednesday, January 15th. Loop Capital lowered their price objective on Papa Johns International from $73.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, January 21st. Wedbush restated an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Wednesday, January 15th. Finally, Stephens reiterated an "overweight" rating and issued a $62.00 target price on shares of Papa Johns International in a report on Monday, January 13th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Papa Johns International has an average rating of "Hold" and a consensus target price of $55.83.

Papa Johns International Stock Up 3.7 %

Papa Johns International stock traded up $1.55 during mid-day trading on Wednesday, reaching $43.31. 3,917,731 shares of the company's stock were exchanged, compared to its average volume of 1,634,062. The business's fifty day simple moving average is $40.66 and its 200 day simple moving average is $46.35. Papa Johns International, Inc. has a one year low of $35.28 and a one year high of $76.91. The firm has a market capitalization of $1.41 billion, a PE ratio of 15.09, a P/E/G ratio of 1.94 and a beta of 1.19.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 4.25%. The ex-dividend date is Monday, February 10th. Papa Johns International's dividend payout ratio is presently 64.11%.

Papa Johns International 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.