Papa John's Int'l (PZZA) : Algert Global added new position in Papa John's Int'l during the most recent quarter end. The investment management firm now holds 23,960 shares of Papa John's Int'l which is valued at $1,862,890 , the company said in a statement filed on Oct 12, 2016 with the SEC.Papa John's Int'l makes up approximately 0.55% of Algert Global’s portfolio.
Other Hedge Funds, Including , Cutler Group Lp added PZZA to its portfolio by purchasing 9,764 company shares during the most recent quarter which is valued at $762,568. Papa John's Int'l makes up approx 0.05% of Cutler Group Lp’s portfolio. Simplex Trading added PZZA to its portfolio by purchasing 861 company shares during the most recent quarter which is valued at $65,307. Papa John's Int'l makes up approx 0.01% of Simplex Trading’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in PZZA by selling 4,469 shares or 50.46% in the most recent quarter. The Hedge Fund company now holds 4,388 shares of PZZA which is valued at $336,955.Eqis Capital Management boosted its stake in PZZA in the latest quarter, The investment management firm added 1,847 additional shares and now holds a total of 8,735 shares of Papa John's Int'l which is valued at $670,761. Papa John's Int'l makes up approx 0.04% of Eqis Capital Management’s portfolio.
Papa John's Int'l closed down -0.35 points or -0.45% at $77.75 with 3,20,368 shares getting traded on Tuesday. Post opening the session at $78, the shares hit an intraday low of $77.05 and an intraday high of $78.27 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Papa John's Int'l reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.54. The company had revenue of $423.00 million for the quarter, compared to analysts expectations of $414.45 million. The company’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.
Many Wall Street Analysts have commented on Papa John's Int'l. KeyBanc Capital Mkts Upgraded Papa John's Int'l on Jul 20, 2016 to ” Overweight”, Price Target of the shares are set at $80.
Papa Johns International Inc. (Papa Johns) operates and franchises pizza delivery and carryout restaurants. The Company operates these restaurants in international markets dine-in and delivery restaurants under the trademark Papa Johns. Papa Johns operates in five segments: domestic Company-owned restaurants domestic commissaries North America franchising international operations and all other business units. North America is defined as the United States and Canada. Domestic is defined as the contiguous United States. International franchisees are defined as all franchise operations outside of the United States and Canada. The Company owns full-service international QC Centers in the United Kingdom Mexico City Mexico and Beijing China. Its other international QC Centers are licensed to franchisees or non-franchisee third parties and are located in the markets where the Companys franchisees have restaurants.