Institutional Investors Lead Shift in Papa Johns International Inc (NASDAQ:PZZA) Sentiment

Papa John’s

Ildar Sagdejev

Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John's. (NASDAQ:PZZA) that has shown a discernible change in trend levels over the path of recent market activity. 1,011,188 shares of the company's stock were exchanged. (Papa John's), launched on July 25, 1991, operates and franchises pizza delivery and carryout restaurants and, in certain global markets, dine-in and delivery restaurants under the trademark Papa John's.

In other Papa John's global news, insider Steve M. Ritchie sold 10,396 shares of the stock in a transaction that occurred on Wednesday, May 31st. (NASDAQ:PZZA). Liberty Mutual Gru Asset Mgmt Inc stated it has 0.04% of its portfolio in Papa John's Int'l, Inc. Teachers Advisors LLC raised its position in shares of Papa John's worldwide by 55.2% in the fourth quarter. Bank of New York Mellon Corp now owns 470,859 shares of the company's stock worth $37,688,000 after buying an additional 143,192 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of Papa John's worldwide during the fourth quarter worth $270,000. Eqis Management holds 0.06% in Papa John's Int'l, Inc. The stock appeared $90.49 above its 52-week highs and is up 5.75% for the last five trades. (PZZA) opened at 77.37 on Friday. (NASDAQ:PZZA) has 20 days moving average price of 4.90% from last close price of 77.99 and act as support or resistance of price limit. Nomura Holdings stated it has 0% of its portfolio in Papa John's Int'l, Inc. The stock's market capitalization is 2.87B, it has a 52-week low of 70.73 and a 52-week high of 90.49.

Papa John's delivered yet another quarter of positive same-store sales and is planning to buy back $500 million worth of shares from investors.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Papa John's global had a return on equity of 1,447.98% and a net margin of 6.13%. The company had revenue of $434.78 million for the quarter, compared to analyst estimates of $438.51 million. TherapeuticsMD, Inc. (NYSE:TXMD) earnings have risen with a quarterly rate of 56.1% over the last 5 years. This was up from $422.96 million a year ago. It increased, as 18 investors sold Papa John's Int'l, Inc. shares while 66 reduced holdings. Insiders sold 20,447 shares of company stock valued at $1,656,182 over the last three months. This repurchase authorization authorizes the company to purchase up to 198% of its shares through open market purchases. The consensus rating is 2, indicating analysts in general look favorably on the company's future prospects. Stock Surged Today" published on August 02, 2017 as well as Investorplace.com's news article titled: "Dow 22000 Becomes a Reality as Apple Hits New Heights" with publication date: "August 02, 2017. This represents a $0.90 annualized dividend and a yield of 1.16%. This is an increase from Papa John's International's previous quarterly dividend of $0.20. Papa John's International's payout ratio is 27.87%.

Papa John's Int'l, Inc. (NASDAQ:PZZA). Herndon Cap Management Ltd Liability owns 67 shares for 0% of their portfolio. If you are accessing this story on another domain, it was illegally stolen and republished in violation of USA and worldwide copyright & trademark law. PZZA was included in 11 notes of analysts from August 10, 2015. Finally, KeyCorp restated an "equal weight" rating on shares of Papa John's worldwide in a report on Tuesday, June 20th.

Papa John's continues to trail its larger rival Domino's Pizza in growth and performance, but Papa John's shares have nonetheless done well. Zacks Investment Research upgraded Papa John's worldwide from a "strong sell" rating to a "hold" rating in a research report on Friday, July 7th.

05/22/2017 - Papa John's International Inc. had its "buy" rating reiterated by analysts at Longbow Research. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company's stock. Longbow Research reiterated a "buy" rating and issued a $95.00 price target on shares of Papa John's global in a report on Monday, April 10th.

In other news, CFO Lance F. Tucker sold 4,051 shares of the stock in a transaction that occurred on Friday, May 12th. President and COO Steve M. Ritchie sold 10,396 shares at an average price of $80.00 on Wednesday the 31st. Following the completion of the sale, the senior vice president now directly owns 36,020 shares of the company's stock, valued at $2,946,075.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The insider OHern Timothy C sold 6,000 shares worth $490,730.

The biggest institutional shareholders in Papa John's International, Inc. include Fidelity Management and Research Company which owns 4 million shares in the company valued at $305.39 million. The disclosure for this sale can be found here. The Company's corporate-owned and operated restaurants are concentrated primarily in the Southeast, Northeast, Mid-Atlantic and Midwest of the United States. (Papa John's) operates and franchises pizza delivery and carryout restaurants and, in certain global markets, dine-in and delivery restaurants under the trademark Papa John's.

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