Venture Visionary Partners LLC Has $1.97 Million Stock Holdings in Papa John’s International, Inc. $PZZA

Venture Visionary Partners LLC lessened its holdings in shares of Papa John’s International, Inc. (NASDAQ:PZZA) by 49.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 51,162 shares of the company’s stock after selling 49,674 shares during the period. Venture Visionary Partners LLC owned approximately 0.16% of Papa John’s International worth $1,969,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PZZA. Lazard Asset Management LLC acquired a new position in shares of Papa John’s International during the 2nd quarter worth about $59,000. Leonteq Securities AG bought a new position in Papa John’s International during the fourth quarter valued at about $71,000. Kestra Advisory Services LLC bought a new position in Papa John’s International during the fourth quarter valued at about $73,000. Bayforest Capital Ltd bought a new position in Papa John’s International during the fourth quarter valued at about $92,000. Finally, iSAM Funds UK Ltd bought a new position in Papa John’s International during the third quarter valued at about $121,000.

Wall Street Analysts Forecast Growth

PZZA has been the topic of several research reports. Weiss Ratings lowered Papa John’s International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. Stephens restated an “overweight” rating and set a $40.00 price target on shares of Papa John’s International in a research note on Thursday, May 14th. UBS Group lowered their price target on Papa John’s International from $42.00 to $33.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Mizuho lowered their price target on Papa John’s International from $34.00 to $33.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Piper Sandler lowered their price target on Papa John’s International from $32.00 to $30.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Papa John’s International has an average rating of “Hold” and an average target price of $38.50.

Papa John’s International Trading Up 1.7%

PZZA stock opened at $33.16 on Tuesday. Papa John’s International, Inc. has a 1-year low of $29.55 and a 1-year high of $55.74. The firm has a market cap of $1.09 billion, a P/E ratio of 39.95, a P/E/G ratio of 1.81 and a beta of 1.15. The business’s 50 day moving average is $34.28 and its 200-day moving average is $35.69.

Papa John’s International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.08). Papa John’s International had a net margin of 1.37% and a negative return on equity of 10.71%. The company had revenue of $478.61 million during the quarter, compared to the consensus estimate of $485.51 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. Sell-side analysts forecast that Papa John’s International, Inc. will post 1.51 EPS for the current year.

Papa John’s International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Monday, May 18th. Papa John’s International’s dividend payout ratio is currently 221.69%.

Papa John’s International Company Profile

Papa John’s International, Inc is a leading American pizza restaurant chain known for its focus on high-quality ingredients and consistent product offerings. Founded in 1984 by John Schnatter in Jeffersonville, Indiana, the company has grown to operate thousands of restaurants across the United States and in more than 40 international markets. Papa John’s restaurants are primarily franchised, supported by a network of corporate-owned outlets that together drive brand standards, operational guidance and marketing efforts.

The core menu at Papa John’s centers on a variety of hand-tossed and pan pizzas made with a signature stone-baked crust and topped with real cheese, vine-ripened tomato sauce and premium meats and vegetables.