Moody National Bank Trust Division Has $1.18 Million Stake in Papa Johns International, Inc. (NASDAQ:PZZA)

Moody National Bank Trust Division grew its position in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 26.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,638 shares of the company's stock after purchasing an additional 5,994 shares during the period. Moody National Bank Trust Division owned about 0.09% of Papa Johns International worth $1,176,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PZZA. Arrowstreet Capital Limited Partnership increased its holdings in shares of Papa Johns International by 117.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,118,403 shares of the company's stock valued at $45,933,000 after acquiring an additional 603,650 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Papa Johns International during the 4th quarter valued at about $17,328,000. Segall Bryant & Hamill LLC increased its holdings in shares of Papa Johns International by 131.4% during the 4th quarter. Segall Bryant & Hamill LLC now owns 576,329 shares of the company's stock valued at $23,670,000 after acquiring an additional 327,300 shares during the last quarter. Boothbay Fund Management LLC increased its holdings in shares of Papa Johns International by 124.8% during the 4th quarter. Boothbay Fund Management LLC now owns 540,694 shares of the company's stock valued at $22,206,000 after acquiring an additional 300,138 shares during the last quarter. Finally, Long Focus Capital Management LLC acquired a new position in shares of Papa Johns International during the 4th quarter valued at about $7,393,000.

Papa Johns International Stock Up 3.1%

Shares of PZZA stock traded up $1.38 during mid-day trading on Friday, reaching $45.20. The stock had a trading volume of 921,548 shares, compared to its average volume of 1,223,644. The firm's 50 day simple moving average is $37.07 and its 200 day simple moving average is $41.41. Papa Johns International, Inc. has a one year low of $30.16 and a one year high of $60.75. The firm has a market cap of $1.48 billion, a PE ratio of 15.75, a P/E/G ratio of 2.41 and a beta of 1.09.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.33 by $0.03. The business had revenue of $518.31 million during the quarter, compared to the consensus estimate of $512.48 million. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. Papa Johns International's revenue was up .9% on a year-over-year basis. During the same quarter last year, the company earned $0.67 EPS. Sell-side analysts forecast that Papa Johns International, Inc. will post 2.19 earnings per share for the current fiscal year.

Papa Johns International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Monday, May 19th were given a dividend of $0.46 per share. The ex-dividend date was Monday, May 19th. This represents a $1.84 annualized dividend and a dividend yield of 4.07%. Papa Johns International's dividend payout ratio (DPR) is presently 78.30%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. UBS Group lowered their price objective on Papa Johns International from $45.00 to $38.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. Stifel Nicolaus lowered their target price on 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 raised Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Wedbush reaffirmed an "outperform" rating and issued a $60.00 target price on shares of Papa Johns International in a report on Friday, February 28th. Finally, Benchmark reaffirmed a "buy" rating and issued a $50.00 target price on shares of Papa Johns International in a report on Monday, May 12th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus 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.