Papa Johns International, Inc. (NASDAQ:PZZA) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC grew its position in Papa Johns International, Inc. (NASDAQ:PZZA) by 131.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 576,329 shares of the company’s stock after purchasing an additional 327,300 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Papa Johns International were worth $23,670,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Irth Capital Management LP acquired a new stake in Papa Johns International in the fourth quarter valued at $66,883,000. Moody National Bank Trust Division raised its position in shares of Papa Johns International by 142.3% during the 4th quarter. Moody National Bank Trust Division now owns 22,644 shares of the company’s stock worth $930,000 after acquiring an additional 13,297 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in Papa Johns International during the fourth quarter worth approximately $559,000. Bank of New York Mellon Corp boosted its holdings in Papa Johns International by 18.0% in the fourth quarter. Bank of New York Mellon Corp now owns 389,837 shares of the company’s stock valued at $16,011,000 after purchasing an additional 59,404 shares in the last quarter. Finally, Stephens Investment Management Group LLC increased its stake in Papa Johns International by 6.0% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,156,705 shares of the company’s stock valued at $47,506,000 after purchasing an additional 64,972 shares during the last quarter.

Papa Johns International Stock Performance

Shares of PZZA opened at $43.62 on Tuesday. The stock has a market capitalization of $1.42 billion, a P/E ratio of 15.20, a P/E/G ratio of 2.41 and a beta of 1.16. Papa Johns International, Inc. has a 1 year low of $35.28 and a 1 year high of $68.66. The company’s fifty day moving average is $43.30 and its two-hundred day moving average is $46.59.

Papa Johns International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were paid a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.22%. Papa Johns International’s dividend payout ratio (DPR) is 73.02%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Northcoast Research upgraded shares of Papa Johns International to a “hold” rating in a research report on Monday, March 3rd. UBS Group decreased 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 note on Tuesday, January 7th. Jefferies Financial Group dropped their price objective on Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. Stephens reissued an “overweight” rating and issued a $60.00 target price on shares of Papa Johns International in a report on Thursday, February 27th. Finally, Loop Capital dropped their price target on Papa Johns International from $73.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.