Templeton & Phillips Capital Management LLC Has $1.73 Million Stock Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Templeton & Phillips Capital Management LLC lowered its position in shares of Papa Johns International, Inc. (NASDAQ:PZZA) by 1.9% in the fourth quarter, HoldingsChannel reports. The firm owned 42,016 shares of the company’s stock after selling 811 shares during the period. Papa Johns International makes up approximately 1.4% of Templeton & Phillips Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Templeton & Phillips Capital Management LLC’s holdings in Papa Johns International were worth $1,726,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PZZA. Wilmington Savings Fund Society FSB increased its position in Papa Johns International by 300.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares in the last quarter. Jones Financial Companies Lllp increased its position in Papa Johns International by 111.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock valued at $56,000 after acquiring an additional 717 shares in the last quarter. AlphaQuest LLC acquired a new stake in Papa Johns International in the 4th quarter valued at about $190,000. Nwam LLC acquired a new stake in Papa Johns International in the 3rd quarter valued at about $210,000. Finally, Blue Trust Inc. increased its position in Papa Johns International by 15.8% in the 4th quarter. Blue Trust Inc. now owns 5,425 shares of the company’s stock valued at $223,000 after acquiring an additional 740 shares in the last quarter.

Papa Johns International Price Performance

Papa Johns International stock opened at $44.72 on Monday. The company’s 50 day simple moving average is $43.18 and its 200 day simple moving average is $46.61. Papa Johns International, Inc. has a fifty-two week low of $35.28 and a fifty-two week high of $68.66. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 2.41 and a beta of 1.16.

Papa Johns International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 4.11%. The ex-dividend date was Monday, February 10th. Papa Johns International’s payout ratio is 73.02%.

Wall Street Analyst Weigh In

PZZA has been the subject of several research reports. UBS Group lowered their price objective on shares of 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. Northcoast Research raised shares of Papa Johns International to a “hold” rating in a research note on Monday, March 3rd. Wedbush reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Papa Johns International in a research note on Friday, February 28th. Stephens reaffirmed an “overweight” rating and issued a $60.00 target price on shares of Papa Johns International in a research note on Thursday, February 27th. Finally, Jefferies Financial Group reduced their target price on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a research note on Wednesday, January 15th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $55.67.

Papa Johns International 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.