6,798 Shares in Papa John’s International, Inc. (NASDAQ:PZZA) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Papa John’s International, Inc. (NASDAQ:PZZA) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,798 shares of the company’s stock, valued at approximately $279,000.

Other institutional investors have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC acquired a new stake in shares of Papa John’s International in the fourth quarter valued at approximately $30,000. Signaturefd LLC lifted its position in Papa John’s International by 214.7% in the first quarter. Signaturefd LLC now owns 1,388 shares of the company’s stock valued at $57,000 after purchasing an additional 947 shares during the period. CWM LLC boosted its stake in shares of Papa John’s International by 27.2% in the first quarter. CWM LLC now owns 1,610 shares of the company’s stock valued at $66,000 after buying an additional 344 shares in the last quarter. State of Wyoming acquired a new position in shares of Papa John’s International during the 4th quarter worth $87,000. Finally, GAMMA Investing LLC grew its position in Papa John’s International by 506.3% during the first quarter. GAMMA Investing LLC now owns 2,122 shares of the company’s stock worth $87,000 after buying an additional 1,772 shares during the period.

Papa John’s International Trading Down 4.1%

PZZA stock opened at $40.08 on Tuesday. Papa John’s International, Inc. has a twelve month low of $30.16 and a twelve month high of $60.75. The company has a market capitalization of $1.31 billion, a P/E ratio of 17.06, a PEG ratio of 3.61 and a beta of 1.13. The firm has a 50 day simple moving average of $46.80 and a 200-day simple moving average of $42.48.

Papa John’s International (NASDAQ:PZZA) last released its earnings results on Thursday, May 8th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Papa John’s International had a negative return on equity of 15.72% and a net margin of 3.77%. The company had revenue of $518.31 million for the quarter, compared to the consensus estimate of $512.48 million. During the same quarter last year, the business posted $0.67 EPS. Papa John’s International’s quarterly revenue was up .9% compared to the same quarter last year. On average, research analysts predict that Papa John’s International, Inc. will post 2.19 EPS for the current year.

Papa John’s International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be given a $0.46 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $1.84 annualized dividend and a yield of 4.6%. Papa John’s International’s dividend payout ratio (DPR) is currently 78.30%.

Analyst Ratings Changes

Several research firms have recently issued reports on PZZA. UBS Group lifted their price target on Papa John’s International from $38.00 to $42.00 and gave the stock a “neutral” rating in a research note on Monday. Benchmark reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Papa John’s International in a research report on Monday, May 12th. Loop Capital lowered their target price on shares of Papa John’s International from $60.00 to $56.00 and set a “buy” rating for the company in a report on Friday, May 9th. Stifel Nicolaus dropped their price target on Papa John’s International from $40.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, April 15th. Finally, Stephens reissued an “overweight” rating and issued a $50.00 target price on shares of Papa John’s International in a research note on Thursday, June 12th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $51.58.

Papa John’s 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.