Emerald Advisers Inc. PA purchased a new stake in Papa John's Int'l, Inc. (NASDAQ:PZZA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,308 shares of the company’s stock, valued at approximately $747,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Legal & General Group Plc boosted its holdings in Papa John's Int'l by 15.4% in the third quarter. Legal & General Group Plc now owns 23,912 shares of the company’s stock valued at $1,748,000 after purchasing an additional 3,198 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in Papa John's Int'l by 13.6% in the third quarter. Allianz Asset Management GmbH now owns 66,057 shares of the company’s stock valued at $4,827,000 after purchasing an additional 7,889 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Papa John's Int'l by 3.3% in the third quarter. JPMorgan Chase & Co. now owns 1,458,205 shares of the company’s stock valued at $107,411,000 after purchasing an additional 46,948 shares during the last quarter. Nordea Investment Management AB boosted its holdings in Papa John's Int'l by 18.1% in the third quarter. Nordea Investment Management AB now owns 27,012 shares of the company’s stock valued at $1,974,000 after purchasing an additional 4,139 shares during the last quarter. Finally, Koch Industries Inc. boosted its holdings in Papa John's Int'l by 6,732.0% in the second quarter. Koch Industries Inc. now owns 297,807 shares of the company’s stock valued at $294,000 after purchasing an additional 293,448 shares during the last quarter. 83.99% of the stock is owned by hedge funds and other institutional investors.

PZZA has been the subject of a number of analyst reports. BTIG Research reissued a “buy” rating and issued a $90.00 price target (down previously from $100.00) on shares of Papa John's Int'l in a report on Tuesday, October 24th. TheStreet downgraded Papa John's Int'l from a “b” rating to a “c+” rating in a report on Tuesday, October 31st. Zacks Investment Research raised Papa John's Int'l from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. Nomura reissued a “hold” rating and issued a $58.00 price target on shares of Papa John's Int'l in a report on Friday, December 22nd. Finally, Deutsche Bank assumed coverage on Papa John's Int'l in a research note on Monday, December 18th. They set a “hold” rating and a $63.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $76.60.

Shares of Papa John's Int'l, Inc. (PZZA) opened at $57.11 on Friday. Papa John's Int'l, Inc. has a one year low of $55.05 and a one year high of $86.99. The stock has a market capitalization of $1,973.92, a P/E ratio of 19.69, a price-to-earnings-growth ratio of 1.50 and a beta of 0.53. The company has a current ratio of 1.21, a quick ratio of 1.01 and a debt-to-equity ratio of -8.26.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 12th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Friday, February 9th. Papa John's Int'l’s payout ratio is currently 31.03%.

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Papa John's Int'l Profile

Papa John’s International, Inc (Papa John’s) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John’s. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, international operations and all other business units.

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

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