Papa John’s Int’l, Inc. (PZZA) Reaches $59.98 After 3.00% Up Move; Ruane Cunniff & Goldfarb Increased By $141.60 Million Its Omnicom Group (OMC) Position

November 14, 2017 - By Hazel Jackson

Ruane Cunniff & Goldfarb Inc increased Omnicom Group Inc (OMC) stake by 80.58% reported in 2017Q2 SEC filing. Ruane Cunniff & Goldfarb Inc acquired 1.73 million shares as Omnicom Group Inc (OMC)’s stock declined 2.32%. The Ruane Cunniff & Goldfarb Inc holds 3.87 million shares with $320.82M value, up from 2.14M last quarter. Omnicom Group Inc now has $15.75 billion valuation. The stock rose 0.60% or $0.41 reaching $68.31 per share. About 455,576 shares traded. Omnicom Group Inc. (NYSE:OMC) has risen 1.15% since November 14, 2016 and is uptrending. It has underperformed by 15.55% the S&P500.

The stock of Papa John’s Int’l, Inc. (NASDAQ:PZZA) is a huge mover today! About 223,066 shares traded. Papa John’s Int’l, Inc. (NASDAQ:PZZA) has risen 30.02% since November 14, 2016 and is uptrending. It has outperformed by 13.32% the S&P500.The move comes after 7 months positive chart setup for the $2.10 billion company. It was reported on Nov, 14 by Barchart.com. We have $61.78 PT which if reached, will make NASDAQ:PZZA worth $63.00 million more.

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. The company has market cap of $2.10 billion. The Firm operates through five divisions: domestic Company-owned restaurants, North America commissaries, North America franchising, international activities and all other business units. It has a 20.62 P/E ratio. North America is defined as the United States and Canada.

Investors sentiment is 1.05 in 2017 Q2. Its the same as in 2017Q1. It is flat, as 28 investors sold Papa John’s Int’l, Inc. shares while 68 reduced holdings. only 32 funds opened positions while 69 raised stakes. 30.32 million shares or 5.60% more from 28.71 million shares in 2017Q1 were reported. Susquehanna Gp Llp invested in 24,946 shares. Capital Impact Lc reported 17,962 shares. Employees Retirement Of Ohio, Ohio-based fund reported 15,454 shares. Ameritas Prtnrs has 0.04% invested in Papa John’s Int’l, Inc. (NASDAQ:PZZA). Quantbot Technologies Limited Partnership stated it has 22,531 shares or 0.15% of all its holdings. State Board Of Administration Of Florida Retirement reported 0% in Papa John’s Int’l, Inc. (NASDAQ:PZZA). Product Prtnrs Limited Liability Com holds 99,200 shares or 0.29% of its portfolio. Aperio Gp Ltd Liability Com has invested 0% in Papa John’s Int’l, Inc. (NASDAQ:PZZA). Huntington Commercial Bank holds 0% in Papa John’s Int’l, Inc. (NASDAQ:PZZA) or 453 shares. 4,000 are owned by Rbf Cap Ltd Liability Co. Gsa Cap Prtnrs Llp invested in 0.02% or 4,494 shares. Koch Industries has invested 0.08% of its portfolio in Papa John’s Int’l, Inc. (NASDAQ:PZZA). First Advsrs Lp owns 17,140 shares. Brown Advisory Inc owns 438,058 shares for 0.1% of their portfolio. Swiss Natl Bank reported 45,500 shares stake.

Analysts await Papa John’s Int’l, Inc. (NASDAQ:PZZA) to report earnings on February, 20. They expect $0.74 EPS, up 7.25% or $0.05 from last year’s $0.69 per share. PZZA’s profit will be $25.91 million for 20.26 P/E if the $0.74 EPS becomes a reality. After $0.60 actual EPS reported by Papa John’s Int’l, Inc. for the previous quarter, Wall Street now forecasts 23.33% EPS growth.

Among 9 analysts covering Papa John'S International (NASDAQ:PZZA), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Papa John'S International has $100.0 highest and $58 lowest target. $80.67’s average target is 34.49% above currents $59.98 stock price. Papa John'S International had 20 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Monday, November 9. On Thursday, November 2 the stock rating was downgraded by BTIG Research to “Neutral”. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Friday, October 30 report. Tigress Financial downgraded the stock to “Strong Buy” rating in Monday, August 10 report. The firm earned “Neutral” rating on Friday, October 27 by Nomura. The rating was upgraded by Sidoti on Thursday, November 19 to “Buy”. As per Thursday, February 25, the company rating was maintained by Jefferies. Stephens maintained Papa John’s Int’l, Inc. (NASDAQ:PZZA) rating on Wednesday, August 2. Stephens has “Overweight” rating and $95 target. Nomura initiated it with “Buy” rating and $85 target in Thursday, October 1 report. The stock of Papa John’s Int’l, Inc. (NASDAQ:PZZA) has “Hold” rating given on Tuesday, October 10 by Jefferies.

Since May 31, 2017, it had 0 insider purchases, and 2 selling transactions for $1.32 million activity. $490,730 worth of stock was sold by OHern Timothy C on Friday, June 2. Ritchie Steve M had sold 10,396 shares worth $831,680.

Ruane Cunniff & Goldfarb Inc decreased O Reilly Automotive Inc New (NASDAQ:ORLY) stake by 158,887 shares to 1.60M valued at $349.72 million in 2017Q2. It also reduced Capital One Finl Corp (NYSE:COF) stake by 19,813 shares and now owns 1.60M shares. Goldman Sachs Group Inc (NYSE:GS) was reduced too.

Among 15 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Omnicom had 38 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Macquarie Research given on Tuesday, June 6. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, April 12 report. The firm has “Neutral” rating by Credit Suisse given on Thursday, September 15. Telsey Advisory Group maintained Omnicom Group Inc. (NYSE:OMC) rating on Wednesday, July 20. Telsey Advisory Group has “Market Perform” rating and $86 target. Pivotal Research maintained the shares of OMC in report on Monday, October 17 with “Hold” rating. BMO Capital Markets maintained the shares of OMC in report on Thursday, July 13 with “Hold” rating. The stock of Omnicom Group Inc. (NYSE:OMC) has “Hold” rating given on Friday, October 16 by Pivotal Research. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, March 8. The firm earned “Hold” rating on Monday, October 16 by BMO Capital Markets. The company was maintained on Wednesday, October 11 by Credit Suisse.

Investors sentiment decreased to 0.89 in Q2 2017. Its down 0.05, from 0.94 in 2017Q1. It dived, as 53 investors sold OMC shares while 237 reduced holdings. 57 funds opened positions while 200 raised stakes. 225.35 million shares or 2.06% more from 220.79 million shares in 2017Q1 were reported. Covington Mngmt accumulated 24,685 shares or 0.17% of the stock. Global Investors reported 3.31 million shares or 0.09% of all its holdings. Schwab Charles Mngmt Inc owns 1.17M shares. 28,009 were reported by Grantham Mayo Van Otterloo And Ltd Liability Co. 1.12M were reported by Hl Finance Svcs Limited Liability. Ubs Asset Management Americas Inc holds 0% of its portfolio in Omnicom Group Inc. (NYSE:OMC) for 906,263 shares. Lyons Wealth Management Ltd Llc holds 11,016 shares. Kentucky Retirement Insurance Trust Fund owns 6,374 shares or 0.09% of their US portfolio. First Interstate Natl Bank owns 1,241 shares. The Virginia-based Yorktown Mgmt Research Inc has invested 0.08% in Omnicom Group Inc. (NYSE:OMC). Laffer Invs owns 21,700 shares or 0% of their US portfolio. State Of New Jersey Common Pension Fund D has invested 0.05% in Omnicom Group Inc. (NYSE:OMC). Convergence Investment Lc stated it has 14,451 shares. Wms Prtn Lc holds 0.05% in Omnicom Group Inc. (NYSE:OMC) or 4,650 shares. Hotchkis & Wiley Capital Management Ltd Liability owns 566,732 shares.

Since June 1, 2017, it had 0 insider buys, and 1 insider sale for $1.94 million activity. On Thursday, June 1 the insider CRAWFORD BRUCE sold $1.94 million.

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