Papa John's Evaluates NFL Partnership After National-Anthem Flap

Papa John's Evaluates NFL Partnership After National-Anthem Flap”

Papa John's is getting burned by other pizza companies after the pizza chain blamed its lack of sale growth on being associated with the NFL. "Better Sales." - a play on Papa John's slogan. JPMorgan Chase & Co. now owns 1,411,257 shares of the company's stock worth $101,272,000 after purchasing an additional 110,440 shares during the last quarter.

For the same period, Domino's Pizza (DPZ) and Yum!

For the next four quarters, analysts are expecting Papa John's to report an EBIT margin of 9.0%, compared with 8.9% in the corresponding four quarters of the previous year. Instinet reaffirmed a "neutral" rating and set a $78.00 price objective (down from $84.00) on shares of Papa John's global in a research note on Monday, July 31st. Segall Bryant & Hamill LLC increased its position in Papa John's worldwide by 1.3% in the second quarter. IFP Advisors Inc boosted its stake in shares of Papa John's worldwide by 3.6% in the second quarter. Victory Capital Management Inc. now owns 2,188 shares of the company's stock valued at $175,000 after acquiring an additional 776 shares during the last quarter. Fifth Third Bancorp now owns 2,112 shares of the company's stock valued at $169,000 after acquiring an additional 215 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Papa John's worldwide by 0.7% in the second quarter. The original version of this report can be viewed at PineBridge Investments L.P. boosted its stake in shares of Papa John's worldwide by 3.0% in the second quarter. Finally, Teachers Advisors Inc. boosted its stake in shares of Papa John's worldwide by 0.6% in the second quarter. Institutional investors and hedge funds own 75.20% of the company's stock. Following the completion of the transaction, the senior vice president now directly owns 35,650 shares in the company, valued at $2,676,602. Papa John's changed its bio to read: "Frozen pizza = the pizza equivalent of a participation trophy". While Twitter obviously had lots of opinions about this, the best response came from another pizza company.

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