Papa Johns International, Inc. (NASDAQ:PZZA) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its stake in Papa Johns International, Inc. (NASDAQ:PZZA) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,908 shares of the company’s stock after selling 512 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Papa Johns International were worth $264,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co raised its stake in Papa Johns International by 5.8% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 28,369 shares of the company’s stock valued at $1,889,000 after purchasing an additional 1,566 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Papa Johns International by 2.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 27,197 shares of the company’s stock valued at $1,812,000 after buying an additional 576 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Papa Johns International by 45.9% in the first quarter. Janus Henderson Group PLC now owns 23,021 shares of the company’s stock worth $1,533,000 after buying an additional 7,246 shares in the last quarter. Tidal Investments LLC boosted its position in Papa Johns International by 20.6% during the first quarter. Tidal Investments LLC now owns 30,379 shares of the company’s stock worth $2,023,000 after acquiring an additional 5,199 shares during the last quarter. Finally, CWM LLC boosted its position in Papa Johns International by 65.6% during the second quarter. CWM LLC now owns 1,325 shares of the company’s stock worth $62,000 after acquiring an additional 525 shares during the last quarter.

Papa Johns International Trading Up 1.1 %

PZZA stock opened at $49.76 on Friday. The company’s 50 day moving average is $51.58 and its two-hundred day moving average is $48.24. Papa Johns International, Inc. has a twelve month low of $39.90 and a twelve month high of $78.67. The stock has a market cap of $1.62 billion, a P/E ratio of 17.34, a PEG ratio of 2.51 and a beta of 1.19.

Papa Johns International (NASDAQ:PZZA) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company had revenue of $506.80 million for the quarter, compared to analyst estimates of $497.28 million. During the same period in the previous year, the business posted $0.53 earnings per share. Papa Johns International’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities research analysts predict that Papa Johns International, Inc. will post 2.23 earnings per share for the current year.

Papa Johns International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Monday, November 18th. Papa Johns International’s dividend payout ratio is currently 64.11%.

Analyst Upgrades and Downgrades

PZZA has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Papa Johns International from $58.00 to $45.00 and set a “hold” rating for the company in a report on Friday, August 9th. Stephens reiterated an “overweight” rating and set a $62.00 price target on shares of Papa Johns International in a research report on Thursday, November 7th. BMO Capital Markets cut their price objective on Papa Johns International from $75.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. UBS Group lifted their price objective on shares of Papa Johns International from $47.00 to $56.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, KeyCorp lowered shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $60.82.

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.