Papa Johns International, Inc. (NASDAQ:PZZA) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its position in shares of Papa Johns International, Inc. (NASDAQ:PZZAFree Report) by 4.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,673 shares of the company’s stock after acquiring an additional 1,389 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.09% of Papa Johns International worth $1,481,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Signaturefd LLC raised its stake in Papa Johns International by 66.9% during the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock worth $35,000 after purchasing an additional 259 shares during the period. Copeland Capital Management LLC acquired a new stake in shares of Papa Johns International during the 3rd quarter worth about $42,000. US Bancorp DE raised its holdings in Papa Johns International by 225.4% in the 3rd quarter. US Bancorp DE now owns 1,331 shares of the company’s stock valued at $72,000 after buying an additional 922 shares during the period. CWM LLC lifted its position in Papa Johns International by 27.5% in the third quarter. CWM LLC now owns 1,690 shares of the company’s stock valued at $91,000 after buying an additional 365 shares during the last quarter. Finally, nVerses Capital LLC purchased a new position in Papa Johns International during the third quarter worth about $156,000.

Analysts Set New Price Targets

PZZA has been the topic of a number of research analyst reports. UBS Group boosted their price target on shares of Papa Johns International from $47.00 to $56.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Wedbush restated an “outperform” rating and set a $60.00 price target on shares of Papa Johns International in a research note on Friday, December 13th. Bank of America raised their price target on Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. KeyCorp lowered Papa Johns International from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. Finally, Stephens reaffirmed an “overweight” rating and issued a $62.00 target price on shares of Papa Johns International in a research report on Friday, December 13th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Papa Johns International has an average rating of “Hold” and an average price target of $60.82.

Read Our Latest Analysis on PZZA

Papa Johns International Stock Performance

PZZA stock opened at $38.91 on Friday. Papa Johns International, Inc. has a fifty-two week low of $38.80 and a fifty-two week high of $78.67. The company’s 50 day moving average price is $49.94 and its 200 day moving average price is $47.89. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 2.27 and a beta of 1.16.

Papa Johns International (NASDAQ:PZZAGet Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $506.80 million for the quarter, compared to analyst estimates of $497.28 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The company’s revenue was down 3.1% on a year-over-year basis. During the same period last year, the business earned $0.53 EPS. Equities analysts forecast that Papa Johns International, Inc. will post 2.21 EPS for the current fiscal year.

Papa Johns International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 4.73%. The ex-dividend date of this dividend was Monday, November 18th. Papa Johns International’s dividend payout ratio (DPR) is 64.11%.

About Papa Johns International

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Papa Johns International (NASDAQ:PZZA)

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