GSA Capital Partners LLP Has $409,000 Stock Holdings in Dine Brands Global, Inc. $DIN

GSA Capital Partners LLP trimmed its position in Dine Brands Global, Inc. (NYSE:DINFree Report) by 60.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,530 shares of the restaurant operator’s stock after selling 25,668 shares during the quarter. GSA Capital Partners LLP’s holdings in Dine Brands Global were worth $409,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Dine Brands Global by 10.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,041,335 shares of the restaurant operator’s stock valued at $25,742,000 after purchasing an additional 101,304 shares during the period. Versor Investments LP acquired a new position in shares of Dine Brands Global during the third quarter valued at about $269,000. SummerHaven Investment Management LLC bought a new stake in shares of Dine Brands Global during the third quarter worth about $837,000. Y Intercept Hong Kong Ltd bought a new position in Dine Brands Global in the 3rd quarter valued at about $895,000. Finally, Nisa Investment Advisors LLC lifted its position in Dine Brands Global by 10.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 10,380 shares of the restaurant operator’s stock valued at $262,000 after acquiring an additional 999 shares in the last quarter. 92.83% of the stock is owned by institutional investors and hedge funds.

Dine Brands Global Price Performance

Shares of NYSE:DIN opened at $30.73 on Thursday. Dine Brands Global, Inc. has a 1 year low of $18.63 and a 1 year high of $39.68. The company has a market capitalization of $443.13 million, a PE ratio of 13.72 and a beta of 0.97. The business has a fifty day moving average price of $34.46 and a two-hundred day moving average price of $29.16.

Dine Brands Global (NYSE:DINGet Free Report) last released its earnings results on Wednesday, February 25th. The restaurant operator reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.36. The company had revenue of $217.57 million for the quarter, compared to analysts’ expectations of $226.27 million. Dine Brands Global had a negative return on equity of 26.01% and a net margin of 3.91%.The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 EPS. Sell-side analysts anticipate that Dine Brands Global, Inc. will post 5.84 earnings per share for the current year.

Dine Brands Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Wednesday, March 18th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, March 18th. Dine Brands Global’s payout ratio is presently 33.93%.

More Dine Brands Global News

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Wall Street Analyst Weigh In

Several brokerages have recently commented on DIN. Barclays increased their price objective on Dine Brands Global from $26.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. UBS Group increased their price target on Dine Brands Global from $21.00 to $35.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. Mizuho lifted their price objective on shares of Dine Brands Global from $28.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dine Brands Global in a research note on Monday, December 29th. Finally, Zacks Research lowered shares of Dine Brands Global from a “hold” rating to a “strong sell” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $31.29.

Get Our Latest Stock Report on Dine Brands Global

Dine Brands Global Company Profile

(Free Report)

Dine Brands Global, Inc is a leading franchisor and operator of full‐service restaurants in the casual dining and breakfast segments. The company’s primary brands include IHOP®, known for its wide variety of breakfast offerings and pancakes, and Applebee’s Neighborhood Grill + Bar®, a casual dining concept featuring a range of American entrées, appetizers and cocktails. Through its franchise model, Dine Brands works with independent restaurant owners to develop, market and support both domestic and international locations.

The origins of Dine Brands Global date back to the founding of the International House of Pancakes (IHOP) in 1958 in California.

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Institutional Ownership by Quarter for Dine Brands Global (NYSE:DIN)

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