XTX Topco Ltd Takes Position in Papa Johns International, Inc. (NASDAQ:PZZA)

XTX Topco Ltd purchased a new position in Papa Johns International, Inc. (NASDAQ:PZZA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,523 shares of the company’s stock, valued at approximately $621,000.

A number of other large investors also recently bought and sold shares of PZZA. CWM LLC lifted its holdings in shares of Papa Johns International by 65.6% during the second quarter. CWM LLC now owns 1,325 shares of the company’s stock valued at $62,000 after purchasing an additional 525 shares during the last quarter. Blue Trust Inc. boosted its holdings in Papa Johns International by 16.8% in the second quarter. Blue Trust Inc. now owns 3,609 shares of the company’s stock worth $170,000 after acquiring an additional 520 shares in the last quarter. Raymond James & Associates grew its stake in shares of Papa Johns International by 47.3% in the second quarter. Raymond James & Associates now owns 90,131 shares of the company’s stock worth $4,234,000 after acquiring an additional 28,957 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Papa Johns International by 21.6% in the second quarter. Fifth Third Bancorp now owns 39,207 shares of the company’s stock worth $1,842,000 after acquiring an additional 6,954 shares during the last quarter. Finally, KG&L Capital Management LLC bought a new position in shares of Papa Johns International during the second quarter valued at $240,000.

Papa Johns International Stock Performance

NASDAQ PZZA opened at $47.04 on Friday. The business’s fifty day moving average is $50.94 and its 200 day moving average is $48.14. The company has a market capitalization of $1.54 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16. Papa Johns International, Inc. has a fifty-two week low of $39.90 and a fifty-two week high of $78.67.

Papa Johns International (NASDAQ:PZZA) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The company had revenue of $506.80 million during the quarter, compared to the consensus estimate of $497.28 million. During the same period in the previous year, the company posted $0.53 EPS. The firm’s revenue was down 3.1% on a year-over-year basis. On average, sell-side analysts forecast that Papa Johns International, Inc. will post 2.21 EPS for the current year.

Papa Johns International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 18th were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Monday, November 18th. Papa Johns International’s dividend payout ratio (DPR) is 64.11%.

Analysts Set New Price Targets

Several brokerages recently commented on PZZA. Stephens reissued an “overweight” rating and set a $62.00 price objective on shares of Papa Johns International in a research report on Thursday, November 7th. Bank of America increased their price target on shares of Papa Johns International from $66.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Wedbush restated an “outperform” rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Friday, November 8th. KeyCorp cut Papa Johns International from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Finally, UBS Group lifted their target price on Papa Johns International from $47.00 to $56.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $60.82.

Papa Johns International Company Profile

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.