Papa Johns International, Inc. (NASDAQ:PZZA) Given Consensus Recommendation of “Hold” by Analysts

Papa Johns International, Inc. (NASDAQ:PZZA) has been given a consensus recommendation of “Hold” by the thirteen research firms that are currently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $55.67.

Several equities research analysts recently issued reports on the stock. UBS Group dropped their price target on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. KeyCorp downgraded shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Jefferies Financial Group dropped their target price on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a research report on Wednesday, January 15th. Loop Capital dropped their target price on shares of Papa Johns International from $73.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Finally, Wedbush reissued an “outperform” rating and issued a $60.00 target price on shares of Papa Johns International in a research report on Friday.

Papa Johns International Price Performance

Papa Johns International stock opened at $44.57 on Tuesday. Papa Johns International has a 12-month low of $35.28 and a 12-month high of $72.88. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 2.41 and a beta of 1.19. The firm’s fifty day moving average price is $41.53 and its 200 day moving average price is $46.77.

Papa Johns International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 4.13%. The ex-dividend date was Monday, February 10th. Papa Johns International’s dividend payout ratio (DPR) is presently 73.02%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Brevan Howard Capital Management LP boosted its stake in Papa Johns International by 2.5% during the 4th quarter. Brevan Howard Capital Management LP now owns 15,746 shares of the company’s stock valued at $647,000 after purchasing an additional 388 shares during the period. Wilmington Savings Fund Society FSB boosted its stake in Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the period. Atlas Brown Inc. boosted its stake in Papa Johns International by 5.5% during the 4th quarter. Atlas Brown Inc. now owns 10,453 shares of the company’s stock valued at $429,000 after purchasing an additional 546 shares during the period. KBC Group NV boosted its stake 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, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Papa Johns International by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,906 shares of the company’s stock valued at $776,000 after purchasing an additional 658 shares during the period.

About Papa Johns International

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.