Cwm LLC grew its position in shares of Papa Johns International, Inc. (NASDAQ:PZZA – Free Report) by 27.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,690 shares of the company’s stock after purchasing an additional 365 shares during the quarter. Cwm LLC’s holdings in Papa Johns International were worth $91,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. EntryPoint Capital LLC boosted its holdings in shares of Papa Johns International by 379.7% during the first quarter. EntryPoint Capital LLC now owns 3,315 shares of the company’s stock valued at $221,000 after acquiring an additional 2,624 shares during the period. Blue Trust Inc. boosted its holdings in shares of Papa Johns International by 16.8% during the second quarter. Blue Trust Inc. now owns 3,609 shares of the company’s stock valued at $170,000 after acquiring an additional 520 shares during the period. Quest Partners LLC boosted its holdings in shares of Papa Johns International by 12.2% during the second quarter. Quest Partners LLC now owns 3,774 shares of the company’s stock valued at $177,000 after acquiring an additional 410 shares during the period. Headlands Technologies LLC boosted its holdings in shares of Papa Johns International by 185.7% during the first quarter. Headlands Technologies LLC now owns 3,900 shares of the company’s stock valued at $260,000 after acquiring an additional 2,535 shares during the period. Finally, SeaCrest Wealth Management LLC boosted its holdings in shares of Papa Johns International by 6.7% during the first quarter. SeaCrest Wealth Management LLC now owns 3,976 shares of the company’s stock valued at $265,000 after acquiring an additional 250 shares during the period.
Papa Johns International Trading Up 0.6 %
Shares of Papa Johns International stock opened at $51.02 on Friday. The company’s 50-day moving average price is $49.99 and its two-hundred day moving average price is $49.71. Papa Johns International, Inc. has a 52 week low of $39.90 and a 52 week high of $78.67. The stock has a market cap of $1.66 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 3.21 and a beta of 1.20.
Papa Johns International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $1.84 annualized dividend and a yield of 3.61%. Papa Johns International’s payout ratio is presently 88.46%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on PZZA shares. BMO Capital Markets cut their price objective on shares of Papa Johns International from $75.00 to $65.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Bank of America lifted their price objective on shares of Papa Johns International from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. UBS Group cut their price objective on shares of Papa Johns International from $58.00 to $47.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Piper Sandler cut their price objective on shares of Papa Johns International from $61.00 to $50.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Finally, Stephens restated an “overweight” rating and set a $60.00 price objective on shares of Papa Johns International in a research note on Thursday, August 8th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $59.00.
View Our Latest Research Report on Papa Johns International
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.
Featured Articles
- Five stocks we like better than Papa Johns International
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What Are Dividend Achievers? An Introduction
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- 3 Healthcare Dividend Stocks to Buy
- MarketBeat Week in Review – 10/21- 10/25
Want to see what other hedge funds are holding PZZA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Papa Johns International, Inc. (NASDAQ:PZZA – Free Report).
Receive News & Ratings for Papa Johns International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Papa Johns International and related companies with MarketBeat.com's FREE daily email newsletter.