Twinbeech Capital LP Buys Shares of 72,762 Papa Johns International, Inc. (NASDAQ:PZZA)

Twinbeech Capital LP bought a new stake in shares of Papa Johns International, Inc. (NASDAQ:PZZA) during the 4th quarter, HoldingsChannel reports. The firm bought 72,762 shares of the company’s stock, valued at approximately $2,988,000.

Several other institutional investors have also added to or reduced their stakes in 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 last quarter. 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 last quarter. 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 last quarter. 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 last quarter. Finally, Jones Financial Companies Lllp boosted its stake in Papa Johns International by 111.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock valued at $56,000 after purchasing an additional 717 shares during the last quarter.

Papa Johns International Stock Performance

NASDAQ PZZA opened at $40.79 on Wednesday. The company has a market capitalization of $1.34 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The business’s fifty day moving average is $37.31 and its 200 day moving average is $42.10. Papa Johns International, Inc. has a fifty-two week low of $30.16 and a fifty-two week high of $60.75.

Papa Johns International (NASDAQ:PZZA) last released its earnings results on Thursday, May 8th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $518.31 million for the quarter, compared to the consensus estimate of $512.48 million. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. Papa Johns International’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.67 earnings per share. On average, sell-side analysts forecast that Papa Johns International, Inc. will post 2.19 EPS for the current year.

Papa Johns International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Monday, May 19th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.84 annualized dividend and a yield of 4.51%. Papa Johns International’s dividend payout ratio (DPR) is presently 78.30%.

Analyst Ratings Changes

Several analysts have commented on the company. Loop Capital cut their target price on Papa Johns International from $60.00 to $56.00 and set a “buy” rating on the stock in a research note on Friday, May 9th. Wedbush restated an “outperform” rating and issued a $60.00 price target on shares of Papa Johns International in a research note on Friday, February 28th. UBS Group dropped their price target on Papa Johns International from $45.00 to $38.00 and set a “neutral” rating on the stock in a research note on Monday, May 5th. Stifel Nicolaus dropped their price target on Papa Johns International from $40.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th. Finally, Northcoast Research upgraded Papa Johns International to a “hold” rating in a research note on Monday, March 3rd. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $51.25.

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.