Invesco Ltd. Has $5.58 Million Stock Position in Papa Johns International, Inc. (NASDAQ:PZZA)

Invesco Ltd. boosted its stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,958 shares of the company's stock after acquiring an additional 11,888 shares during the period. Invesco Ltd. owned 0.42% of Papa Johns International worth $5,584,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PZZA. Wilmington Savings Fund Society FSB increased its holdings in shares of Papa Johns International by 300.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock valued at $25,000 after purchasing an additional 450 shares during the period. CIBC Private Wealth Group LLC acquired a new position in Papa Johns International in the 4th quarter valued at $30,000. Jones Financial Companies Lllp raised its position in Papa Johns International by 111.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company's stock worth $56,000 after buying an additional 717 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Papa Johns International in the 4th quarter worth $58,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Papa Johns International during the fourth quarter worth about $164,000.

Analyst Ratings Changes

A number of research firms recently weighed in on PZZA. UBS Group decreased their price target on Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Loop Capital lowered their price target on shares of Papa Johns International from $73.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. Stephens reiterated an "overweight" rating and issued a $60.00 price objective on shares of Papa Johns International in a research note on Thursday, February 27th. Northcoast Research raised shares of Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Finally, Jefferies Financial Group dropped their target price on shares of Papa Johns International from $55.00 to $42.00 and set a "hold" rating for the company in a report on Wednesday, January 15th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $53.00.

Papa Johns International Price Performance

Shares of PZZA traded up $0.41 during trading hours on Thursday, hitting $34.94. 117,766 shares of the company were exchanged, compared to its average volume of 1,244,956. The firm has a fifty day simple moving average of $39.61 and a 200-day simple moving average of $43.56. The company has a market capitalization of $1.14 billion, a PE ratio of 12.13, a PEG ratio of 2.41 and a beta of 1.25. Papa Johns International, Inc. has a one year low of $30.16 and a one year high of $61.86.

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.