Deutsche Bank AG Buys 9,039 Shares of Papa Johns International, Inc. (NASDAQ:PZZA)

Deutsche Bank AG lifted its stake in shares of Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 33.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 35,839 shares of the company's stock after acquiring an additional 9,039 shares during the period. Deutsche Bank AG owned 0.11% of Papa Johns International worth $1,472,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PZZA. Arrowstreet Capital Limited Partnership lifted its position 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 period. Segall Bryant & Hamill LLC lifted its position 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 period. Boothbay Fund Management LLC increased its stake in 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 purchasing an additional 300,138 shares in the last quarter. Long Focus Capital Management LLC bought a new stake in Papa Johns International during the 4th quarter valued at $7,393,000. Finally, Deprince Race & Zollo Inc. increased its stake in Papa Johns International by 14.6% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,358,945 shares of the company's stock valued at $55,812,000 after purchasing an additional 173,316 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Stifel Nicolaus decreased their price target on shares of Papa Johns International from $40.00 to $38.00 and set a "hold" rating for the company in a research note on Tuesday, April 15th. Benchmark restated a "buy" rating and set a $50.00 price target on shares of Papa Johns International in a research note on Monday, May 12th. Stephens restated an "overweight" rating and set a $50.00 price target on shares of Papa Johns International in a research note on Thursday, May 8th. UBS Group decreased their price target on shares of Papa Johns International from $45.00 to $38.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Finally, Northcoast Research upgraded shares of Papa Johns International to a "hold" rating in a research note on Monday, March 3rd. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $51.25.

Papa Johns International Price Performance

Shares of NASDAQ PZZA traded up $2.06 during trading on Tuesday, hitting $44.31. The stock had a trading volume of 1,278,551 shares, compared to its average volume of 1,223,149. Papa Johns International, Inc. has a 12 month low of $30.16 and a 12 month high of $60.75. The company has a market capitalization of $1.45 billion, a PE ratio of 15.44, a PEG ratio of 2.41 and a beta of 1.09. The firm has a fifty day moving average of $37.02 and a two-hundred day moving average of $41.60.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $518.31 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 earnings per share. On average, equities analysts expect that Papa Johns International, Inc. will post 2.19 earnings per share for the current fiscal year.

Papa Johns International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Monday, May 19th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.84 annualized dividend and a yield of 4.15%. Papa Johns International's payout ratio is currently 78.30%.

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.