Inspire Investing LLC Has $354,000 Stock Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Inspire Investing LLC grew its holdings in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 40.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,536 shares of the company’s stock after purchasing an additional 2,170 shares during the quarter. Inspire Investing LLC’s holdings in Papa Johns International were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of PZZA. Vanguard Group Inc. lifted its position in shares of Papa Johns International by 4.6% in the first quarter. Vanguard Group Inc. now owns 3,769,885 shares of the company’s stock worth $251,074,000 after buying an additional 166,246 shares during the last quarter. Earnest Partners LLC boosted its position in Papa Johns International by 5.7% during the first quarter. Earnest Partners LLC now owns 1,724,468 shares of the company’s stock worth $114,850,000 after purchasing an additional 93,325 shares during the period. Wellington Management Group LLP grew its holdings in Papa Johns International by 12.8% during the fourth quarter. Wellington Management Group LLP now owns 1,698,833 shares of the company’s stock valued at $129,502,000 after purchasing an additional 192,149 shares during the last quarter. Westwood Holdings Group Inc. raised its position in shares of Papa Johns International by 2.3% in the first quarter. Westwood Holdings Group Inc. now owns 944,109 shares of the company’s stock valued at $62,878,000 after purchasing an additional 21,198 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of Papa Johns International by 4.8% in the first quarter. Sei Investments Co. now owns 932,785 shares of the company’s stock worth $62,124,000 after buying an additional 42,867 shares during the last quarter.

Papa Johns International Stock Performance

NASDAQ:PZZA opened at $50.10 on Monday. The company has a 50-day moving average of $45.82 and a 200-day moving average of $52.46. Papa Johns International, Inc. has a 52 week low of $39.90 and a 52 week high of $78.67. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 3.13 and a beta of 1.19.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.08. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The company had revenue of $507.89 million for the quarter, compared to the consensus estimate of $520.13 million. During the same period in the previous year, the business earned $0.59 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Sell-side analysts forecast that Papa Johns International, Inc. will post 2.27 EPS for the current year.

Papa Johns International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were paid a dividend of $0.46 per share. The ex-dividend date was Monday, August 19th. This represents a $1.84 annualized dividend and a yield of 3.67%. Papa Johns International’s dividend payout ratio is currently 81.78%.

Wall Street Analysts Forecast Growth

PZZA has been the topic of a number of research analyst reports. KeyCorp lowered their target price on shares of Papa Johns International from $64.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, August 9th. UBS Group cut their price objective on Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft lowered their target price on Papa Johns International from $58.00 to $45.00 and set a “hold” rating on the stock in a report on Friday, August 9th. Stifel Nicolaus cut their price target on Papa Johns International from $55.00 to $45.00 and set a “hold” rating for the company in a report on Wednesday, June 26th. Finally, BMO Capital Markets lowered their price objective on shares of Papa Johns International from $75.00 to $65.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.82.

About Papa Johns International

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.