Stifel Financial Corp Has $655,000 Holdings in Papa Johns International, Inc. (NASDAQ:PZZA)

Stifel Financial Corp grew its position in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 39.4% in the 3rd quarter, Holdings Channel reports. The firm owned 12,157 shares of the company’s stock after acquiring an additional 3,433 shares during the quarter. Stifel Financial Corp’s holdings in Papa Johns International were worth $655,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PZZA. Natixis Advisors LLC increased its position in shares of Papa Johns International by 85.9% during the third quarter. Natixis Advisors LLC now owns 190,037 shares of the company’s stock worth $10,237,000 after buying an additional 87,801 shares during the period. Stephens Investment Management Group LLC boosted its position in Papa Johns International by 19.3% during the third quarter. Stephens Investment Management Group LLC now owns 1,091,733 shares of the company’s stock valued at $58,812,000 after acquiring an additional 176,470 shares during the last quarter. Westwood Holdings Group Inc. grew its holdings in Papa Johns International by 4.3% during the 2nd quarter. Westwood Holdings Group Inc. now owns 985,105 shares of the company’s stock worth $46,280,000 after acquiring an additional 40,996 shares during the period. Sei Investments Co. raised its position in shares of Papa Johns International by 30.2% in the 2nd quarter. Sei Investments Co. now owns 1,214,184 shares of the company’s stock worth $57,042,000 after acquiring an additional 281,399 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Papa Johns International by 8.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 378,676 shares of the company’s stock valued at $20,399,000 after purchasing an additional 28,883 shares during the period.

Papa Johns International Price Performance

Shares of NASDAQ PZZA opened at $40.12 on Thursday. The company has a 50-day moving average price of $49.50 and a 200-day moving average price of $47.79. The stock has a market capitalization of $1.31 billion, a P/E ratio of 13.98, a P/E/G ratio of 2.27 and a beta of 1.16. Papa Johns International, Inc. has a 1 year low of $38.25 and a 1 year high of $78.67.

Papa Johns International (NASDAQ:PZZA) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $506.80 million during the quarter, compared to the consensus estimate of $497.28 million. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 EPS. As a group, equities research analysts anticipate that Papa Johns International, Inc. will post 2.21 earnings per share for the current fiscal year.

Papa Johns International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date of this dividend was Monday, November 18th. Papa Johns International’s payout ratio is 64.11%.

Analysts Set New Price Targets

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

About Papa Johns International

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.