New York State Common Retirement Fund Has $1.78 Million Holdings in Papa John’s Int’l, Inc. (NASDAQ:PZZA)

New York State Common Retirement Fund raised its stake in shares of Papa John’s Int’l, Inc. (NASDAQ:PZZA) by 77.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,770 shares of the company’s stock after purchasing an additional 19,570 shares during the period. New York State Common Retirement Fund owned 0.14% of Papa John’s Int’l worth $1,782,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its position in shares of Papa John’s Int’l by 140.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,114 shares of the company’s stock worth $44,000 after acquiring an additional 650 shares in the last quarter. Pacer Advisors Inc. boosted its stake in Papa John’s Int’l by 12.3% during the 3rd quarter. Pacer Advisors Inc. now owns 8,231 shares of the company’s stock valued at $422,000 after purchasing an additional 903 shares during the last quarter. Comerica Bank boosted its stake in Papa John’s Int’l by 8.1% during the 4th quarter. Comerica Bank now owns 15,416 shares of the company’s stock valued at $653,000 after purchasing an additional 1,160 shares during the last quarter. KBC Group NV boosted its stake in Papa John’s Int’l by 2.6% during the 4th quarter. KBC Group NV now owns 47,156 shares of the company’s stock valued at $1,877,000 after purchasing an additional 1,183 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in Papa John’s Int’l by 3.1% during the 3rd quarter. Teachers Advisors LLC now owns 46,200 shares of the company’s stock valued at $2,369,000 after purchasing an additional 1,384 shares during the last quarter. 77.17% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:PZZA traded down $0.45 during mid-day trading on Monday, reaching $49.74. The company had a trading volume of 474,540 shares, compared to its average volume of 1,125,672. The stock has a market capitalization of $1.60 billion, a PE ratio of 37.12, a price-to-earnings-growth ratio of 3.69 and a beta of 0.54. Papa John’s Int’l, Inc. has a one year low of $38.05 and a one year high of $64.18.

Papa John’s Int’l (NASDAQ:PZZA) last posted its quarterly earnings results on Tuesday, February 26th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The company had revenue of $373.98 million during the quarter, compared to the consensus estimate of $393.05 million. Papa John’s Int’l had a negative return on equity of 16.11% and a net margin of 0.10%. The company’s revenue for the quarter was down 20.0% compared to the same quarter last year. During the same period last year, the firm posted $0.65 EPS. As a group, sell-side analysts anticipate that Papa John’s Int’l, Inc. will post 1.1 EPS for the current year.

A number of equities analysts have issued reports on the company. Stifel Nicolaus downgraded Papa John’s Int’l from a “hold” rating to a “sell” rating and cut their price target for the company from $38.00 to $35.00 in a research note on Tuesday, February 19th. BidaskClub upgraded Papa John’s Int’l from a “hold” rating to a “buy” rating in a research note on Saturday, March 16th. Citigroup cut their target price on Papa John’s Int’l from $64.00 to $55.00 and set a “buy” rating on the stock in a research note on Friday, March 8th. Finally, ValuEngine downgraded Papa John’s Int’l from a “buy” rating to a “hold” rating in a research note on Friday, December 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Papa John’s Int’l currently has a consensus rating of “Hold” and an average price target of $57.17.

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Papa John’s Int’l Company Profile

Papa John's International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.

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Institutional Ownership by Quarter for Papa John`s Int`l (NASDAQ:PZZA)

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