Papa Johns International, Inc. (NASDAQ:PZZA) Stock Holdings Lessened by iSAM Funds UK Ltd

iSAM Funds UK Ltd reduced its holdings in Papa Johns International, Inc. (NASDAQ:PZZA) by 36.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,344 shares of the company’s stock after selling 3,659 shares during the period. iSAM Funds UK Ltd’s holdings in Papa Johns International were worth $261,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Wilmington Savings Fund Society FSB lifted its position in Papa Johns International by 300.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in Papa Johns International during the 4th quarter valued at about $30,000. Jones Financial Companies Lllp boosted its stake in Papa Johns International by 111.9% during the 4th 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. New Age Alpha Advisors LLC acquired a new position in Papa Johns International during the 4th quarter valued at about $58,000. Finally, State of Wyoming acquired a new position in Papa Johns International during the 4th quarter valued at about $87,000.

Analysts Set New Price Targets

PZZA has been the subject of a number of analyst reports. Stifel Nicolaus reduced their target price on shares of Papa Johns International from $40.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, April 15th. Northcoast Research raised shares of Papa Johns International to a “hold” rating in a research note on Monday, March 3rd. Benchmark reissued a “buy” rating and set a $50.00 target price on shares of Papa Johns International in a research note on Monday, May 12th. Stephens reissued an “overweight” rating and set a $50.00 target price on shares of Papa Johns International in a research note on Thursday, May 8th. Finally, Wedbush reissued an “outperform” rating and set a $60.00 target price on shares of Papa Johns International in a research note on Friday, February 28th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $51.25.

Papa Johns International Trading Down 1.2%

PZZA stock opened at $40.79 on Wednesday. Papa Johns International, Inc. has a 52 week low of $30.16 and a 52 week high of $60.75. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 14.21, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The firm’s 50-day moving average is $37.31 and its two-hundred day moving average is $42.10.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company had revenue of $518.31 million for the quarter, compared to the consensus estimate of $512.48 million. During the same period in the previous year, the firm earned $0.67 EPS. Papa Johns International’s revenue was up .9% on a year-over-year basis. On average, equities research analysts predict that Papa Johns International, Inc. will post 2.19 earnings per share for the current year.

Papa Johns International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.84 annualized dividend and a dividend yield of 4.51%. Papa Johns International’s dividend payout ratio is currently 78.30%.

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.