Captrust Financial Advisors Makes New Investment in Papa Johns International, Inc. (NASDAQ:PZZA)

Captrust Financial Advisors acquired a new stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,027 shares of the company's stock, valued at approximately $371,000.

A number of other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB increased its position in shares of Papa Johns International by 300.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock valued at $25,000 after buying an additional 450 shares during the period. CIBC Private Wealth Group LLC purchased a new position in shares of Papa Johns International during the fourth quarter valued at about $30,000. Jones Financial Companies Lllp increased its position in shares of Papa Johns International by 111.9% during the fourth quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company's stock valued at $56,000 after buying an additional 717 shares during the period. New Age Alpha Advisors LLC purchased a new position in shares of Papa Johns International during the fourth quarter valued at about $58,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Papa Johns International during the fourth quarter valued at about $164,000.

Papa Johns International Price Performance

Papa Johns International stock traded up $1.53 during midday trading on Thursday, reaching $42.53. 763,255 shares of the company traded hands, compared to its average volume of 1,229,915. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The business has a 50 day moving average of $37.18 and a two-hundred day moving average of $42.00. Papa Johns International, Inc. has a 12 month low of $30.16 and a 12 month high of $60.75.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. The company had revenue of $518.31 million for the quarter, compared to the consensus estimate of $512.48 million. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The firm's revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 earnings per share. As a group, equities analysts forecast that Papa Johns International, Inc. will post 2.19 EPS for the current year.

Papa Johns International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Monday, May 19th will be given a $0.46 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.84 annualized dividend and a yield of 4.33%. Papa Johns International's payout ratio is presently 78.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on PZZA shares. Loop Capital cut their price objective on shares of Papa Johns International from $60.00 to $56.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Stifel Nicolaus cut their price objective on shares of Papa Johns International from $40.00 to $38.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. Northcoast Research upgraded shares of Papa Johns International to a "hold" rating in a report on Monday, March 3rd. UBS Group cut their price objective on shares of Papa Johns International from $45.00 to $38.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. Finally, Benchmark restated a "buy" rating and issued a $50.00 price objective on shares of Papa Johns International in a report on Monday, May 12th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $51.25.

About Papa Johns International

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.