Epoch Investment Partners Inc. Cuts Stock Holdings in Papa Johns International, Inc. (NASDAQ:PZZA)

Epoch Investment Partners Inc. reduced its holdings in shares of Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 77.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,098 shares of the company's stock after selling 37,839 shares during the quarter. Epoch Investment Partners Inc.'s holdings in Papa Johns International were worth $456,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PZZA. CANADA LIFE ASSURANCE Co raised its holdings in shares of Papa Johns International by 9.7% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 33,733 shares of the company's stock worth $1,385,000 after purchasing an additional 2,993 shares during the period. Dean Investment Associates LLC raised its stake in shares of Papa Johns International by 16.1% in the fourth quarter. Dean Investment Associates LLC now owns 63,305 shares of the company's stock valued at $2,600,000 after buying an additional 8,797 shares during the period. Marshall Wace LLP purchased a new position in shares of Papa Johns International during the 4th quarter valued at $1,372,000. XTX Topco Ltd grew its stake in shares of Papa Johns International by 96.5% during the 4th quarter. XTX Topco Ltd now owns 22,647 shares of the company's stock worth $930,000 after acquiring an additional 11,124 shares during the period. Finally, DRW Securities LLC bought a new position in shares of Papa Johns International during the 4th quarter worth $201,000.

Papa Johns International Stock Performance

PZZA traded up $0.29 during trading on Friday, reaching $33.48. The stock had a trading volume of 764,414 shares, compared to its average volume of 1,245,431. The business has a 50-day moving average of $40.47 and a 200-day moving average of $43.88. Papa Johns International, Inc. has a one year low of $30.16 and a one year high of $64.15. The stock has a market cap of $1.10 billion, a PE ratio of 11.67, a PEG ratio of 2.41 and a beta of 1.25.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Northcoast Research raised shares of Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Jefferies Financial Group reduced 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. Loop Capital lowered their target price on shares of Papa Johns International from $73.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Stifel Nicolaus cut their price target on Papa Johns International from $40.00 to $38.00 and set a "hold" rating for the company in a report on Tuesday, April 15th. Finally, UBS Group cut their target price on 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. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $53.00.

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.