LPL Financial LLC Has $523,000 Holdings in Papa Johns International, Inc. (NASDAQ:PZZA)

LPL Financial LLC lifted its stake in Papa Johns International, Inc. (NASDAQ:PZZA) by 170.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,727 shares of the company’s stock after buying an additional 8,023 shares during the period. LPL Financial LLC’s holdings in Papa Johns International were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Irth Capital Management LP acquired a new position in Papa Johns International in the 4th quarter valued at $66,883,000. Raymond James Financial Inc. acquired a new position in Papa Johns International in the fourth quarter valued at about $5,647,000. Sei Investments Co. raised its stake in Papa Johns International by 7.3% in the fourth quarter. Sei Investments Co. now owns 1,500,739 shares of the company’s stock valued at $61,635,000 after purchasing an additional 102,128 shares in the last quarter. Stephens Investment Management Group LLC lifted its position in Papa Johns International by 6.0% during the fourth quarter. Stephens Investment Management Group LLC now owns 1,156,705 shares of the company’s stock worth $47,506,000 after purchasing an additional 64,972 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in Papa Johns International by 18.0% during the fourth quarter. Bank of New York Mellon Corp now owns 389,837 shares of the company’s stock worth $16,011,000 after buying an additional 59,404 shares in the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PZZA. UBS Group cut their price target on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Benchmark cut their target price on Papa Johns International from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Monday. Loop Capital decreased their price target on 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. Stifel Nicolaus reduced their price objective on Papa Johns International from $40.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th. Finally, Northcoast Research upgraded Papa Johns International to a “hold” rating in a research report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Papa Johns International has a consensus rating of “Hold” and an average target price of $53.00.

Papa Johns International Price Performance

NASDAQ:PZZA opened at $33.19 on Friday. Papa Johns International, Inc. has a one year low of $30.16 and a one year high of $64.15. The firm’s 50 day simple moving average is $40.83 and its 200 day simple moving average is $43.99. The company has a market cap of $1.09 billion, a PE ratio of 11.56, a P/E/G ratio of 2.41 and a beta of 1.25.

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.