Papa Johns International, Inc. (NASDAQ:PZZA) Shares Purchased by Signaturefd LLC

Signaturefd LLC increased its holdings in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 66.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 646 shares of the company’s stock after buying an additional 259 shares during the quarter. Signaturefd LLC’s holdings in Papa Johns International were worth $35,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Copeland Capital Management LLC acquired a new position in shares of Papa Johns International during the third quarter valued at about $42,000. CWM LLC increased its stake in Papa Johns International by 65.6% during the 2nd quarter. CWM LLC now owns 1,325 shares of the company’s stock valued at $62,000 after purchasing an additional 525 shares in the last quarter. nVerses Capital LLC purchased a new position in shares of Papa Johns International in the third quarter worth $156,000. Blue Trust Inc. lifted its stake in shares of Papa Johns International by 16.8% during the second quarter. Blue Trust Inc. now owns 3,609 shares of the company’s stock worth $170,000 after buying an additional 520 shares during the period. Finally, Quest Partners LLC lifted its stake in shares of Papa Johns International by 12.2% during the second quarter. Quest Partners LLC now owns 3,774 shares of the company’s stock worth $177,000 after buying an additional 410 shares during the period.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. UBS Group reduced their target price on Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Wedbush restated an “outperform” rating and issued a $51.00 price objective on shares of Papa Johns International in a research note on Friday, August 23rd. BMO Capital Markets decreased their target price on Papa Johns International from $75.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, August 9th. Bank of America increased their price target on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Finally, Stephens restated an “overweight” rating and set a $60.00 price objective on shares of Papa Johns International in a research note on Thursday, August 8th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $59.00.

Papa Johns International Stock Performance

Shares of NASDAQ PZZA opened at $51.45 on Thursday. The company has a market capitalization of $1.70 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 3.23 and a beta of 1.20. The company’s fifty day moving average price is $50.23 and its 200 day moving average price is $49.48. Papa Johns International, Inc. has a 1 year low of $39.90 and a 1 year high of $78.67.

Papa Johns International (NASDAQ:PZZA) last posted its earnings results on Thursday, August 8th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.08. The firm had revenue of $507.89 million for the quarter, compared to analysts’ expectations of $520.13 million. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.59 EPS. On average, equities analysts expect that Papa Johns International, Inc. will post 2.27 EPS for the current year.

Papa Johns International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be given a dividend of $0.46 per share. The ex-dividend date is Monday, November 18th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.58%. Papa Johns International’s dividend payout ratio (DPR) is 81.78%.

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.