Papa Johns International, Inc. (NASDAQ:PZZA) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its position in Papa Johns International, Inc. (NASDAQ:PZZA) by 18.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,386 shares of the company’s stock after acquiring an additional 827 shares during the quarter. American Century Companies Inc.’s holdings in Papa Johns International were worth $253,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in Papa Johns International by 65.6% in the 2nd quarter. CWM LLC now owns 1,325 shares of the company’s stock worth $62,000 after buying an additional 525 shares in the last quarter. EntryPoint Capital LLC lifted its holdings in Papa Johns International by 379.7% in the 1st quarter. EntryPoint Capital LLC now owns 3,315 shares of the company’s stock worth $221,000 after buying an additional 2,624 shares in the last quarter. Blue Trust Inc. lifted its holdings in Papa Johns International by 16.8% in the 2nd quarter. Blue Trust Inc. now owns 3,609 shares of the company’s stock worth $170,000 after buying an additional 520 shares in the last quarter. Quest Partners LLC lifted its holdings in Papa Johns International by 12.2% in the 2nd quarter. Quest Partners LLC now owns 3,774 shares of the company’s stock worth $177,000 after buying an additional 410 shares in the last quarter. Finally, Headlands Technologies LLC increased its position in shares of Papa Johns International by 185.7% in the 1st quarter. Headlands Technologies LLC now owns 3,900 shares of the company’s stock worth $260,000 after purchasing an additional 2,535 shares during the last quarter.

Papa Johns International Trading Down 1.4 %

Shares of NASDAQ:PZZA opened at $51.82 on Friday. The firm’s 50 day moving average is $47.81 and its two-hundred day moving average is $51.41. Papa Johns International, Inc. has a 52 week low of $39.90 and a 52 week high of $78.67. The firm has a market capitalization of $1.69 billion, a P/E ratio of 23.03, a PEG ratio of 3.26 and a beta of 1.19.

Papa Johns International (NASDAQ:PZZA) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.08. The business had revenue of $507.89 million during the quarter, compared to analysts’ expectations of $520.13 million. Papa Johns International had a net margin of 3.25% and a negative return on equity of 19.85%. The business’s revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm posted $0.59 earnings per share. Analysts predict that Papa Johns International, Inc. will post 2.27 EPS for the current year.

Papa Johns International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 19th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 3.55%. The ex-dividend date was Monday, August 19th. Papa Johns International’s dividend payout ratio (DPR) is presently 81.78%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets dropped their target price on shares of Papa Johns International from $75.00 to $65.00 and set an “outperform” rating for the company in a research report on Friday, August 9th. Piper Sandler dropped their target price on shares of Papa Johns International from $61.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. UBS Group dropped their target price on shares of Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Wedbush reissued an “outperform” rating and issued a $51.00 target price on shares of Papa Johns International in a research report on Friday, August 23rd. Finally, Bank of America dropped their target price on shares of Papa Johns International from $78.00 to $69.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Papa Johns International has an average rating of “Moderate Buy” and an average price target of $58.82.

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.