GW&K Investment Management LLC raised its stake in shares of Denny’s Corporation (NASDAQ:DENN) by 33.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 15,450 shares of the restaurant operator’s stock after buying an additional 3,910 shares during the period. GW&K Investment Management LLC’s holdings in Denny’s Corporation were worth $182,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in DENN. Atlantic Trust LLC boosted its position in shares of Denny’s Corporation by 32.5% in the first quarter. Atlantic Trust LLC now owns 55,280 shares of the restaurant operator’s stock valued at $1,721,000 after buying an additional 13,555 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Denny’s Corporation by 5.8% in the first quarter. HighTower Advisors LLC now owns 12,116 shares of the restaurant operator’s stock valued at $150,000 after buying an additional 666 shares during the last quarter. Credit Suisse AG boosted its position in shares of Denny’s Corporation by 62.1% in the first quarter. Credit Suisse AG now owns 131,901 shares of the restaurant operator’s stock valued at $1,630,000 after buying an additional 50,528 shares during the last quarter. Paloma Partners Management Co acquired a new position in shares of Denny’s Corporation during the first quarter valued at $283,000. Finally, BlueCrest Capital Management Ltd acquired a new position in shares of Denny’s Corporation during the first quarter valued at $310,000. 89.25% of the stock is currently owned by institutional investors and hedge funds.

Shares of Denny’s Corporation (NASDAQ:DENN) opened at 11.42 on Monday. Denny’s Corporation has a 1-year low of $10.02 and a 1-year high of $14.25. The stock has a market cap of $797.84 million, a price-to-earnings ratio of 50.53 and a beta of 0.62. The firm has a 50-day moving average of $11.66 and a 200 day moving average of $12.27.

Denny’s Corporation (NASDAQ:DENN) last announced its quarterly earnings data on Tuesday, May 2nd. The restaurant operator reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.01. Denny’s Corporation had a negative return on equity of 68.77% and a net margin of 3.49%. The firm had revenue of $127.91 million during the quarter, compared to the consensus estimate of $128.55 million. Equities research analysts forecast that Denny’s Corporation will post $0.57 earnings per share for the current year.

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Several brokerages recently weighed in on DENN. BidaskClub cut shares of Denny’s Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Wedbush reaffirmed a “buy” rating on shares of Denny’s Corporation in a research report on Tuesday, June 6th. Nomura reaffirmed a “hold” rating and issued a $12.00 price target on shares of Denny’s Corporation in a research report on Wednesday, May 3rd. Finally, Instinet reiterated a “neutral” rating and issued a $12.00 price objective (up previously from $11.00) on shares of Denny’s Corporation in a research note on Wednesday, May 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $12.50.

Denny’s Corporation Company Profile

Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.

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Institutional Ownership by Quarter for Denny`s Corporation (NASDAQ:DENN)

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