Stifel Financial Corp Has $655,000 Stake in Papa Johns International, Inc. (NASDAQ:PZZA)

Stifel Financial Corp raised its position in Papa Johns International, Inc. (NASDAQ:PZZA) by 39.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,157 shares of the company’s stock after acquiring an additional 3,433 shares during the quarter. Stifel Financial Corp’s holdings in Papa Johns International were worth $655,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC lifted its holdings in Papa Johns International by 66.9% during the 3rd quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after purchasing an additional 259 shares during the last quarter. Copeland Capital Management LLC bought a new position in shares of Papa Johns International in the third quarter valued at about $42,000. US Bancorp DE lifted its stake in shares of Papa Johns International by 225.4% during the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company’s stock worth $72,000 after buying an additional 922 shares during the last quarter. CWM LLC boosted its holdings in shares of Papa Johns International by 27.5% during the 3rd quarter. CWM LLC now owns 1,690 shares of the company’s stock worth $91,000 after buying an additional 365 shares during the period. Finally, nVerses Capital LLC acquired a new position in Papa Johns International in the 3rd quarter valued at about $156,000.

Analysts Set New Price Targets

Several equities research analysts have issued reports on PZZA shares. Bank of America raised their price objective on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. KeyCorp cut Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Wedbush reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Friday, December 13th. UBS Group lifted their target price on Papa Johns International from $47.00 to $56.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Finally, Stephens restated an “overweight” rating and issued a $62.00 price target on shares of Papa Johns International in a research note on Friday, December 13th. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $60.82.

Papa Johns International Stock Performance

Shares of NASDAQ:PZZA opened at $40.12 on Thursday. Papa Johns International, Inc. has a 52-week low of $38.25 and a 52-week high of $78.67. The company has a market capitalization of $1.31 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 2.27 and a beta of 1.16. The company has a fifty day moving average of $49.50 and a 200-day moving average of $47.79.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The company had revenue of $506.80 million during the quarter, compared to the consensus estimate of $497.28 million. During the same quarter in the prior year, the firm posted $0.53 earnings per share. The firm’s revenue was down 3.1% compared to the same quarter last year. On average, equities analysts forecast that Papa Johns International, Inc. will post 2.21 EPS for the current fiscal year.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 18th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 4.59%. The ex-dividend date was Monday, November 18th. Papa Johns International’s dividend payout ratio is currently 64.11%.

Papa Johns International Profile

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.