Long Focus Capital Management LLC Makes New $7.39 Million Investment in Papa Johns International, Inc. (NASDAQ:PZZA)

Long Focus Capital Management LLC purchased a new stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 180,000 shares of the company's stock, valued at approximately $7,393,000. Long Focus Capital Management LLC owned about 0.55% of Papa Johns International as of its most recent SEC filing.

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

Analyst Ratings Changes

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

Papa Johns International Trading Up 0.7 %

Shares of PZZA traded up $0.24 during mid-day trading on Monday, hitting $33.72. 313,006 shares of the company traded hands, compared to its average volume of 1,244,569. The business has a 50-day moving average of $40.47 and a 200 day moving average of $43.81. Papa Johns International, Inc. has a one year low of $30.16 and a one year high of $64.06. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 11.75, a PEG ratio of 2.41 and a beta of 1.25.

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.