Stephens Investment Management Group LLC Purchases 96,507 Shares of Papa John’s Int’l, Inc. (NASDAQ:PZZA)

Stephens Investment Management Group LLC lifted its stake in shares of Papa John’s Int’l, Inc. (NASDAQ:PZZA) by 52.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 279,322 shares of the company’s stock after purchasing an additional 96,507 shares during the quarter. Stephens Investment Management Group LLC owned 0.85% of Papa John’s Int’l worth $22,181,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. FMR LLC raised its stake in shares of Papa John’s Int’l by 710.7% during the 2nd quarter. FMR LLC now owns 1,289 shares of the company’s stock valued at $102,000 after purchasing an additional 1,130 shares during the period. ArrowMark Colorado Holdings LLC raised its stake in shares of Papa John’s Int’l by 200.0% during the 2nd quarter. ArrowMark Colorado Holdings LLC now owns 30,000 shares of the company’s stock valued at $2,382,000 after purchasing an additional 20,000 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Papa John’s Int’l by 9.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 215,890 shares of the company’s stock valued at $17,144,000 after purchasing an additional 18,678 shares during the period. AQR Capital Management LLC raised its stake in shares of Papa John’s Int’l by 1,368.4% during the 2nd quarter. AQR Capital Management LLC now owns 99,615 shares of the company’s stock valued at $7,784,000 after purchasing an additional 92,831 shares during the period. Finally, Engineers Gate Manager LP raised its stake in shares of Papa John’s Int’l by 185.7% during the 2nd quarter. Engineers Gate Manager LP now owns 36,039 shares of the company’s stock valued at $2,862,000 after purchasing an additional 23,424 shares during the period.

In other Papa John’s Int’l news, VP Steven R. Coke sold 2,750 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $97.06, for a total value of $266,915.00. Also, COO Jack H. Swaysland sold 19,802 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $96.27, for a total value of $1,906,338.54. Corporate insiders own 17.58% of the company’s stock.

PZZA stock traded down $1.56 during trading on Wednesday, hitting $84.58. 17,291 shares of the company traded hands, compared to its average volume of 813,301. The firm has a market capitalization of $2.83 billion, a PE ratio of 246.14, a P/E/G ratio of 7.95 and a beta of 0.97. Papa John’s Int’l, Inc. has a 1 year low of $28.55 and a 1 year high of $102.25. The company has a 50-day moving average of $95.31 and a 200-day moving average of $77.71.

Papa John’s Int’l (NASDAQ:PZZA) last issued its earnings results on Thursday, August 6th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.08. The company had revenue of $460.62 million during the quarter, compared to analysts’ expectations of $467.47 million. Papa John’s Int’l had a negative return on equity of 15.73% and a net margin of 1.32%. Papa John’s Int’l’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 EPS. As a group, equities analysts predict that Papa John’s Int’l, Inc. will post 1.44 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Tuesday, August 11th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was Monday, August 10th. Papa John’s Int’l’s dividend payout ratio is presently 76.92%.

A number of analysts recently issued reports on PZZA shares. BidaskClub lowered Papa John’s Int’l from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. CL King upped their target price on Papa John’s Int’l from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. They noted that the move was a valuation call. Stephens upped their target price on Papa John’s Int’l from $94.00 to $108.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Northcoast Research upgraded Papa John’s Int’l from a “neutral” rating to a “buy” rating and set a $93.00 target price on the stock in a research note on Friday, May 29th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Papa John’s Int’l in a research note on Wednesday, July 8th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Papa John’s Int’l presently has a consensus rating of “Buy” and an average price target of $93.57.

Papa John’s Int’l 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. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.

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Institutional Ownership by Quarter for Papa John`s Int`l (NASDAQ:PZZA)

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