Papa Johns International, Inc. (NASDAQ:PZZA) Shares Bought by Cwm LLC

Cwm LLC grew its position in shares of Papa Johns International, Inc. (NASDAQ:PZZA) 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 (NASDAQ:PZZA) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.08. The firm had revenue of $507.89 million for the quarter, compared to the consensus estimate of $520.13 million. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 EPS. On average, equities analysts predict that Papa Johns International, Inc. will post 2.27 EPS for the current fiscal year.

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.

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.