4,322 Shares in Papa John’s International, Inc. $PZZA Purchased by Texas Yale Capital Corp.

Texas Yale Capital Corp. purchased a new stake in shares of Papa John’s International, Inc. (NASDAQ:PZZA) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 4,322 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CWM LLC raised 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 worth $66,000 after purchasing an additional 344 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Papa John’s International by 181.8% during the second quarter. Farther Finance Advisors LLC now owns 947 shares of the company’s stock worth $46,000 after buying an additional 611 shares in the last quarter. Guidance Capital Inc. raised its position in Papa John’s International by 5.7% in the 1st quarter. Guidance Capital Inc. now owns 12,974 shares of the company’s stock valued at $533,000 after buying an additional 694 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in Papa John’s International by 4,646.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 712 shares of the company’s stock valued at $29,000 after buying an additional 697 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Papa John’s International by 937.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 851 shares of the company’s stock valued at $34,000 after acquiring an additional 769 shares in the last quarter.

Papa John’s International Stock Performance

NASDAQ PZZA opened at $41.08 on Friday. Papa John’s International, Inc. has a 52-week low of $30.16 and a 52-week high of $56.23. The company has a 50-day simple moving average of $48.22 and a 200 day simple moving average of $45.63. The company has a market capitalization of $1.35 billion, a PE ratio of 18.18, a price-to-earnings-growth ratio of 4.46 and a beta of 1.10.

Papa John’s International (NASDAQ:PZZA) last released its earnings results on Thursday, November 6th. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). Papa John’s International had a net margin of 3.58% and a negative return on equity of 14.42%. The company had revenue of $508.15 million during the quarter, compared to analysts’ expectations of $523.67 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The firm’s revenue was up .3% compared to the same quarter last year. As a group, analysts forecast that Papa John’s International, Inc. will post 2.19 EPS for the current fiscal year.

Papa John’s International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, November 17th. Papa John’s International’s dividend payout ratio is 81.42%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Benchmark reiterated a “buy” rating and issued a $60.00 target price (up previously from $50.00) on shares of Papa John’s International in a research note on Monday, August 11th. Zacks Research lowered shares of Papa John’s International from a “hold” rating to a “strong sell” rating in a research report on Monday, October 20th. Bank of America reaffirmed a “neutral” rating and issued a $50.00 price objective (down from $62.00) on shares of Papa John’s International in a research report on Monday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Papa John’s International in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Papa John’s International from $40.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, August 11th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Papa John’s International currently has an average rating of “Hold” and a consensus price target of $50.50.

About Papa John’s International

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.