Yousif Capital Management LLC Sells 369 Shares of Papa Johns International, Inc. (NASDAQ:PZZA)

Yousif Capital Management LLC lessened its holdings in Papa Johns International, Inc. (NASDAQ:PZZA) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,412 shares of the company’s stock after selling 369 shares during the period. Yousif Capital Management LLC’s holdings in Papa Johns International were worth $510,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in PZZA. Signaturefd LLC raised its stake in Papa Johns International by 66.9% in the 3rd quarter. Signaturefd LLC now owns 646 shares of the company’s stock valued at $35,000 after acquiring an additional 259 shares during the period. Copeland Capital Management LLC bought a new stake in Papa Johns International in the 3rd quarter valued at $42,000. US Bancorp DE raised its stake in Papa Johns International by 225.4% in the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after acquiring an additional 922 shares during the period. CWM LLC raised its stake in Papa Johns International by 27.5% in the 3rd quarter. CWM LLC now owns 1,690 shares of the company’s stock valued at $91,000 after acquiring an additional 365 shares during the period. Finally, nVerses Capital LLC bought a new stake in Papa Johns International in the 3rd quarter valued at $156,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on PZZA shares. UBS Group dropped their price target on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. KeyCorp cut Papa Johns International from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Stephens reiterated an “overweight” rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Friday. Bank of America increased their price objective on Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Finally, Loop Capital lowered their price objective on Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Eight equities 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, Papa Johns International currently has an average rating of “Hold” and a consensus target price of $55.67.

Papa Johns International Stock Down 4.4 %

NASDAQ:PZZA opened at $49.04 on Monday. The stock’s 50-day simple moving average is $40.69 and its 200 day simple moving average is $46.47. The firm has a market capitalization of $1.60 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 1.94 and a beta of 1.19. Papa Johns International, Inc. has a twelve month low of $35.28 and a twelve month high of $76.91.

Papa Johns International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Monday, February 10th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Monday, February 10th. Papa Johns International’s payout ratio is 64.11%.

About Papa Johns International

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.