Papa Johns International Inc (NASDAQ:PZZA) Can’t Be Less Risky. Short Interest Decreased

July 27, 2018 - By Carolyn Hewitt

Papa John's International, Inc. (NASDAQ:PZZA) Logo

Investors sentiment decreased to 0.65 in Q1 2018. Its down 0.32, from 0.97 in 2017Q4. It is negative, as 41 investors sold Papa John's International, Inc. shares while 76 reduced holdings. 34 funds opened positions while 42 raised stakes. 28.37 million shares or 0.51% less from 28.52 million shares in 2017Q4 were reported.
California State Teachers Retirement Sys reported 39,539 shares. Profund Advsrs Limited Com has invested 0.01% in Papa John's International, Inc. (NASDAQ:PZZA). Stratos Wealth Prns Limited has 0% invested in Papa John's International, Inc. (NASDAQ:PZZA). State Treasurer State Of Michigan reported 8,900 shares. Hudson Bay Capital Management L P holds 0.06% in Papa John's International, Inc. (NASDAQ:PZZA) or 48,119 shares. Geode Capital Mngmt Ltd Llc owns 240,206 shares. Riverhead Llc stated it has 0.01% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Pnc Serv Group has 0% invested in Papa John's International, Inc. (NASDAQ:PZZA) for 414 shares. Jane Street Gru Limited Liability Co accumulated 0% or 6,929 shares. 17,772 are held by Cambridge Investment Advsr. Tiaa Cref Invest invested 0% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Motley Fool Asset Management Limited Company holds 55,000 shares. Switzerland-based Swiss Bancshares has invested 0% in Papa John's International, Inc. (NASDAQ:PZZA). Timessquare Capital Management Ltd Liability Co stated it has 883,968 shares or 0.34% of all its holdings. Wesbanco State Bank stated it has 11,300 shares.

Since March 1, 2018, it had 0 insider purchases, and 4 insider sales for $3.47 million activity. Another trade for 8,232 shares valued at $500,318 was made by SHAPIRO MARK S on Thursday, March 1. $107,726 worth of Papa John's International, Inc. (NASDAQ:PZZA) shares were sold by Oyler Caroline Miller. $2.19M worth of stock was sold by Tucker Lance F. on Thursday, March 1.

The stock of Papa Johns International Inc (NASDAQ:PZZA) registered a decrease of 7.24% in short interest. PZZA’s total short interest was 6.20 million shares in July as published by FINRA. Its down 7.24% from 6.69 million shares, reported previously. With 531,600 shares average volume, it will take short sellers 12 days to cover their PZZA’s short positions. The short interest to Papa Johns International Inc’s float is 24.51%.

The stock decreased 0.51% or $0.23 during the last trading session, reaching $44.45. About 1.73 million shares traded or 86.31% up from the average. Papa John's International, Inc. (NASDAQ:PZZA) has declined 33.78% since July 27, 2017 and is downtrending. It has underperformed by 46.35% the S&P500.

Papa JohnÂ’s International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa JohnÂ’s trademark in the United States and internationally. The company has market cap of $1.43 billion. It operates through five divisions: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others. It has a 17.3 P/E ratio. The firm also operates dine-in and delivery restaurants.

Papa John's International, Inc. (NASDAQ:PZZA) Ratings Coverage

Among 3 analysts covering Papa John’s International (NASDAQ:PZZA), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Papa John’s International has $62 highest and $38 lowest target. $50’s average target is 12.49% above currents $44.45 stock price. Papa John’s International had 4 analyst reports since May 3, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, May 9 by Longbow. The firm has “Sell” rating by Stifel Nicolaus given on Monday, July 23. The firm earned “Buy” rating on Tuesday, June 19 by Citigroup. The stock of Papa John's International, Inc. (NASDAQ:PZZA) has “Hold” rating given on Thursday, May 3 by Stifel Nicolaus.

More notable recent Papa John's International, Inc. (NASDAQ:PZZA) news were published by: Schaeffersresearch.com which released: “Hedge Fund Investment Lifts PayPal Ahead of Earnings” on July 23, 2018, also 247Wallst.com with their article: “Papa John’s Founder Wants to Ruin His Company” published on July 27, 2018, Seekingalpha.com published: “Is Wendy’s hungry for restaurant target?” on July 19, 2018. More interesting news about Papa John's International, Inc. (NASDAQ:PZZA) were released by: Nasdaq.com and their article: “Why Cal-Maine Foods, Papa John’s International, and Netgear Slumped Today” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “Wall Street Breakfast: Earnings Season Kicks Into High Gear” with publication date: July 23, 2018.

Papa John's International, Inc. (NASDAQ:PZZA) Institutional Positions Chart

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