Templeton & Phillips Capital Management LLC Has $1.73 Million Stock Holdings in Papa Johns International, Inc. (NASDAQ:PZZA)

Templeton & Phillips Capital Management LLC lessened its stake in Papa Johns International, Inc. (NASDAQ:PZZA) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 42,016 shares of the company’s stock after selling 811 shares during the quarter. Papa Johns International accounts for about 1.4% of Templeton & Phillips Capital Management LLC’s holdings, making the stock its 17th biggest position. Templeton & Phillips Capital Management LLC owned approximately 0.13% of Papa Johns International worth $1,726,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in PZZA. Irth Capital Management LP bought a new stake in Papa Johns International in the fourth quarter worth approximately $66,883,000. Sei Investments Co. grew its position 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 worth $61,635,000 after acquiring an additional 102,128 shares in the last quarter. Stephens Investment Management Group LLC grew its position in Papa Johns International by 6.0% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,156,705 shares of the company’s stock worth $47,506,000 after acquiring an additional 64,972 shares in the last quarter. Bank of New York Mellon Corp grew its position in Papa Johns International by 18.0% in the fourth quarter. Bank of New York Mellon Corp now owns 389,837 shares of the company’s stock worth $16,011,000 after acquiring an additional 59,404 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Papa Johns International by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 383,892 shares of the company’s stock worth $15,766,000 after buying an additional 5,216 shares during the period.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Northcoast Research raised shares of Papa Johns International to a “hold” rating in a report on Monday, March 3rd. Loop Capital decreased their price objective on shares of Papa Johns International from $73.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Stephens reaffirmed an “overweight” rating and set a $60.00 price objective on shares of Papa Johns International in a report on Thursday, February 27th. Wedbush reaffirmed an “outperform” rating and set a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th. Finally, Jefferies Financial Group decreased their price objective on shares of Papa Johns International from $55.00 to $42.00 and set a “hold” rating for the company in a report on Wednesday, January 15th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Papa Johns International presently has a consensus rating of “Hold” and a consensus price target of $55.67.

Papa Johns International Stock Performance

Shares of PZZA stock opened at $44.72 on Monday. Papa Johns International, Inc. has a 52-week low of $35.28 and a 52-week high of $68.66. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 15.58, a P/E/G ratio of 2.41 and a beta of 1.16. The firm has a fifty day moving average of $43.18 and a 200-day moving average of $46.61.

Papa Johns International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Monday, February 10th were paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend was Monday, February 10th. Papa Johns International’s dividend payout ratio is 73.02%.

Papa Johns International Company 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.