UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 7,784 Shares of Papa Johns International, Inc. (NASDAQ:PZZA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 14.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,056 shares of the company's stock after purchasing an additional 7,784 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.19% of Papa Johns International worth $2,549,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Westwood Holdings Group Inc. grew its holdings in Papa Johns International by 8.3% in the fourth quarter. Westwood Holdings Group Inc. now owns 1,117,238 shares of the company's stock worth $45,885,000 after purchasing an additional 85,236 shares during the period. Twinbeech Capital LP acquired a new position in shares of Papa Johns International during the fourth quarter valued at about $2,988,000. Two Sigma Investments LP grew its holdings in shares of Papa Johns International by 247.0% during the fourth quarter. Two Sigma Investments LP now owns 163,720 shares of the company's stock valued at $6,724,000 after buying an additional 116,538 shares during the last quarter. State of Wyoming acquired a new position in shares of Papa Johns International during the fourth quarter valued at about $87,000. Finally, Sapience Investments LLC grew its holdings in shares of Papa Johns International by 23.0% during the fourth quarter. Sapience Investments LLC now owns 89,159 shares of the company's stock valued at $3,662,000 after buying an additional 16,643 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts have recently issued reports on PZZA shares. Wedbush reiterated an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th. Loop Capital reduced their price objective on shares of Papa Johns International from $60.00 to $56.00 and set a "buy" rating for the company in a report on Friday, May 9th. Northcoast Research upgraded shares of Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Benchmark reiterated a "buy" rating and set a $50.00 price objective on shares of Papa Johns International in a report on Monday, May 12th. Finally, UBS Group reduced their price objective on shares of Papa Johns International from $45.00 to $38.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $51.25.

Papa Johns International Stock Performance

PZZA stock traded up $2.40 during mid-day trading on Friday, hitting $49.91. The company had a trading volume of 1,219,093 shares, compared to its average volume of 1,224,956. The firm has a market cap of $1.63 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 2.41 and a beta of 1.18. Papa Johns International, Inc. has a 12 month low of $30.16 and a 12 month high of $60.75. The stock's fifty day moving average price is $37.73 and its two-hundred day moving average price is $41.49.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last announced its quarterly earnings data 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 for 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 company's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Equities analysts anticipate that Papa Johns International, Inc. will post 2.19 earnings per share for the current year.

Papa Johns International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Monday, May 19th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.69%. The ex-dividend date was Monday, May 19th. Papa Johns International's dividend payout ratio is 78.30%.

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.