Epoch Investment Partners Inc. Has $456,000 Stake in Papa Johns International, Inc. (NASDAQ:PZZA)

Epoch Investment Partners Inc. decreased its position in Papa Johns International, Inc. (NASDAQ:PZZA) by 77.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,098 shares of the company’s stock after selling 37,839 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Papa Johns International were worth $456,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB increased its position in shares of Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Papa Johns International during the fourth quarter valued at about $30,000. Jones Financial Companies Lllp lifted its stake in Papa Johns International by 111.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,358 shares of the company’s stock worth $56,000 after purchasing an additional 717 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Papa Johns International in the fourth quarter worth $58,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Papa Johns International during the 4th quarter valued at about $164,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PZZA shares. UBS Group decreased their price target on shares of Papa Johns International from $56.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Northcoast Research upgraded Papa Johns International to a “hold” rating in a report on Monday, March 3rd. Jefferies Financial Group decreased their price objective on Papa Johns International from $55.00 to $42.00 and set a “hold” rating on the stock in a report on Wednesday, January 15th. Wedbush reiterated an “outperform” rating and set a $60.00 price target on shares of Papa Johns International in a research report on Friday, February 28th. Finally, Stifel Nicolaus reduced their price objective on Papa Johns International from $40.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $55.08.

Papa Johns International Stock Performance

PZZA stock opened at $31.16 on Monday. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 10.86, a price-to-earnings-growth ratio of 2.41 and a beta of 1.25. The business’s 50 day moving average price is $42.11 and its two-hundred day moving average price is $44.42. Papa Johns International, Inc. has a fifty-two week low of $30.20 and a fifty-two week high of $64.67.

Papa Johns International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 5.91%. The ex-dividend date was Monday, February 10th. Papa Johns International’s dividend payout ratio is currently 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.