Papa Johns International, Inc. (NASDAQ:PZZA) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 383,892 shares of the company’s stock after acquiring an additional 5,216 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.18% of Papa Johns International worth $15,766,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Wilmington Savings Fund Society FSB increased its position in shares of Papa Johns International by 300.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the last quarter. Atlas Brown Inc. increased its position in shares of Papa Johns International by 5.5% during the fourth quarter. Atlas Brown Inc. now owns 10,453 shares of the company’s stock valued at $429,000 after acquiring an additional 546 shares during the last quarter. KBC Group NV increased its position in shares of Papa Johns International by 9.1% during the fourth quarter. KBC Group NV now owns 6,639 shares of the company’s stock valued at $273,000 after acquiring an additional 551 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Papa Johns International by 111.9% in the fourth quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock valued at $56,000 after purchasing an additional 717 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of Papa Johns International by 15.8% in the fourth quarter. Blue Trust Inc. now owns 5,425 shares of the company’s stock valued at $223,000 after purchasing an additional 740 shares during the period.

Papa Johns International Stock Down 0.9 %

NASDAQ PZZA opened at $45.45 on Friday. The firm has a 50 day moving average of $43.02 and a two-hundred day moving average of $46.66. Papa Johns International, Inc. has a 52 week low of $35.28 and a 52 week high of $71.71. The stock has a market capitalization of $1.48 billion, a PE ratio of 15.84, a price-to-earnings-growth ratio of 2.41 and a beta of 1.16.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 4.05%. The ex-dividend date was Monday, February 10th. Papa Johns International’s payout ratio is 73.02%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on PZZA shares. Wedbush reissued an “outperform” rating and issued a $60.00 price objective on shares of Papa Johns International in a research note on Friday, February 28th. UBS Group lowered their price objective on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Northcoast Research raised shares of Papa Johns International to a “hold” rating in a research note on Monday, March 3rd. Stephens reissued an “overweight” rating and issued a $60.00 price objective on shares of Papa Johns International in a research note on Thursday, February 27th. Finally, Jefferies Financial Group lowered their price objective on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a research note on Wednesday, January 15th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Papa Johns International presently has an average rating of “Hold” and a consensus target price of $55.67.

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.