Rice Hall James & Associates LLC boosted its position in Denny’s Corporation (NASDAQ:DENN) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,066 shares of the restaurant operator’s stock after buying an additional 161 shares during the period. Rice Hall James & Associates LLC’s holdings in Denny’s Corporation were worth $189,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DENN. Citadel Advisors LLC purchased a new position in shares of Denny’s Corporation during the first quarter worth approximately $162,000. Bank of America Corp DE increased its position in shares of Denny’s Corporation by 5.1% in the first quarter. Bank of America Corp DE now owns 509,049 shares of the restaurant operator’s stock worth $6,297,000 after buying an additional 24,487 shares in the last quarter. TFS Capital LLC purchased a new position in shares of Denny’s Corporation during the first quarter worth approximately $489,000. Teza Capital Management LLC purchased a new position in shares of Denny’s Corporation during the first quarter worth approximately $250,000. Finally, Paloma Partners Management Co purchased a new position in shares of Denny’s Corporation during the first quarter worth approximately $283,000. Institutional investors and hedge funds own 92.55% of the company’s stock.

Denny’s Corporation (NASDAQ:DENN) opened at 12.29 on Thursday. Denny’s Corporation has a one year low of $10.02 and a one year high of $14.25. The company has a market capitalization of $825.58 million, a P/E ratio of 24.10 and a beta of 0.61. The firm has a 50-day moving average of $11.77 and a 200-day moving average of $12.07.

Denny’s Corporation (NASDAQ:DENN) last posted its quarterly earnings results on Tuesday, August 1st. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by $0.01. The company had revenue of $133.40 million during the quarter, compared to analyst estimates of $131.62 million. Denny’s Corporation had a net margin of 7.34% and a negative return on equity of 60.77%. Denny’s Corporation’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.13 EPS. On average, analysts anticipate that Denny’s Corporation will post $0.56 earnings per share for the current year.

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A number of equities analysts have commented on DENN shares. Nomura reiterated a “hold” rating and issued a $12.00 target price on shares of Denny’s Corporation in a report on Wednesday, May 3rd. Instinet reiterated a “neutral” rating and issued a $12.00 target price (up from $11.00) on shares of Denny’s Corporation in a report on Wednesday, May 3rd. Wedbush reiterated an “outperform” rating on shares of Denny’s Corporation in a report on Tuesday, August 8th. BidaskClub downgraded shares of Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, Zacks Investment Research downgraded shares of Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Denny’s Corporation currently has a consensus rating of “Hold” and an average target price of $12.67.

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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