Papa Johns International, Inc. (NASDAQ:PZZA) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund increased its holdings in Papa Johns International, Inc. (NASDAQ:PZZA) by 6.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 136,996 shares of the company’s stock after buying an additional 8,134 shares during the period. New York State Common Retirement Fund owned about 0.42% of Papa Johns International worth $5,626,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Signaturefd LLC lifted its holdings in Papa Johns International by 66.9% in the third quarter. Signaturefd LLC now owns 646 shares of the company’s stock worth $35,000 after acquiring an additional 259 shares during the last quarter. Wilmington Savings Fund Society FSB raised its position in shares of Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the period. Atlas Brown Inc. raised its position in shares of Papa Johns International by 5.5% during the 4th quarter. Atlas Brown Inc. now owns 10,453 shares of the company’s stock worth $429,000 after purchasing an additional 546 shares during the period. KBC Group NV boosted its position in Papa Johns International by 9.1% during the 4th quarter. KBC Group NV now owns 6,639 shares of the company’s stock valued at $273,000 after purchasing an additional 551 shares during the period. Finally, Blue Trust Inc. boosted its position in Papa Johns International by 15.8% during the 4th quarter. Blue Trust Inc. now owns 5,425 shares of the company’s stock valued at $223,000 after purchasing an additional 740 shares during the period.

Analysts Set New Price Targets

A number of research firms have issued reports on PZZA. Stephens reiterated an “overweight” rating and issued a $60.00 target price on shares of Papa Johns International in a research note on Thursday. Wedbush reiterated an “outperform” rating and issued a $60.00 price objective on shares of Papa Johns International in a research report on Wednesday, January 15th. KeyCorp cut shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. UBS Group cut their price target on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, Loop Capital decreased their price objective on Papa Johns International from $73.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Papa Johns International presently has an average rating of “Hold” and an average price target of $55.67.

Papa Johns International Trading Up 1.4 %

Shares of NASDAQ PZZA opened at $46.89 on Friday. Papa Johns International, Inc. has a twelve month low of $35.28 and a twelve month high of $76.91. The firm has a 50-day moving average of $41.40 and a two-hundred day moving average of $46.76. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 2.41 and a beta of 1.19.

Papa Johns International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were issued a $0.46 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.84 annualized dividend and a dividend yield of 3.92%. Papa Johns International’s dividend payout ratio is currently 64.11%.

Papa Johns International Company 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.