14,002 Shares in Papa Johns International, Inc. (NASDAQ:PZZA) Purchased by Winebrenner Capital Management LLC

Winebrenner Capital Management LLC bought a new stake in shares of Papa Johns International, Inc. (NASDAQ:PZZA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,002 shares of the company’s stock, valued at approximately $575,000.

A number of other hedge funds have also recently modified their holdings of PZZA. Handelsbanken Fonder AB boosted its holdings in Papa Johns International by 25.6% during the 4th quarter. Handelsbanken Fonder AB now owns 7,351 shares of the company’s stock valued at $302,000 after acquiring an additional 1,500 shares during the period. New York State Common Retirement Fund increased its stake in Papa Johns International by 6.3% in the 4th quarter. New York State Common Retirement Fund now owns 136,996 shares of the company’s stock worth $5,626,000 after buying an additional 8,134 shares during the period. Principal Financial Group Inc. lifted its holdings in Papa Johns International by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 159,028 shares of the company’s stock valued at $6,531,000 after buying an additional 4,614 shares in the last quarter. Rhumbline Advisers boosted its position in Papa Johns International by 2.7% in the 4th quarter. Rhumbline Advisers now owns 101,251 shares of the company’s stock valued at $4,158,000 after buying an additional 2,651 shares during the period. Finally, Legato Capital Management LLC grew its stake in Papa Johns International by 25.5% in the 4th quarter. Legato Capital Management LLC now owns 26,827 shares of the company’s stock worth $1,102,000 after acquiring an additional 5,456 shares in the last quarter.

Papa Johns International Stock Performance

NASDAQ:PZZA opened at $47.72 on Friday. The company’s 50-day simple moving average is $40.86 and its 200-day simple moving average is $46.63. Papa Johns International, Inc. has a fifty-two week low of $35.28 and a fifty-two week high of $76.91. The stock has a market capitalization of $1.56 billion, a P/E ratio of 16.63, a P/E/G ratio of 2.41 and a beta of 1.19.

Papa Johns International Dividend Announcement

The company 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. This represents a $1.84 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend was Monday, February 10th. Papa Johns International’s dividend payout ratio is currently 64.11%.

Analysts Set New Price Targets

Several research firms have recently weighed in on PZZA. KeyCorp downgraded shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. UBS Group decreased their target price on Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Stephens reissued an “overweight” rating and set a $60.00 price target on shares of Papa Johns International in a research report on Friday, February 14th. 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. Finally, Jefferies Financial Group lowered their price objective on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a research note on Wednesday, January 15th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Papa Johns International currently has a consensus rating of “Hold” and a consensus target price of $55.67.

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.