Dine Brands Global, Inc. $DIN Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in shares of Dine Brands Global, Inc. (NYSE:DINFree Report) by 73.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,717 shares of the restaurant operator’s stock after purchasing an additional 15,081 shares during the period. Quantinno Capital Management LP’s holdings in Dine Brands Global were worth $937,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. AdvisorShares Investments LLC increased its stake in shares of Dine Brands Global by 8.2% during the fourth quarter. AdvisorShares Investments LLC now owns 3,758 shares of the restaurant operator’s stock worth $121,000 after purchasing an additional 284 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Dine Brands Global by 8.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,821 shares of the restaurant operator’s stock worth $123,000 after purchasing an additional 309 shares during the last quarter. Financial Management Professionals Inc. lifted its stake in Dine Brands Global by 45.4% in the 4th quarter. Financial Management Professionals Inc. now owns 1,044 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 326 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Dine Brands Global by 1.2% in the 4th quarter. Russell Investments Group Ltd. now owns 28,282 shares of the restaurant operator’s stock valued at $909,000 after buying an additional 326 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in Dine Brands Global in the 4th quarter worth about $26,000. Institutional investors and hedge funds own 92.83% of the company’s stock.

Analysts Set New Price Targets

DIN has been the subject of several research reports. Benchmark reiterated a “hold” rating on shares of Dine Brands Global in a research note on Monday, August 10th. Weiss Ratings restated a “hold (c-)” rating on shares of Dine Brands Global in a research report on Tuesday, June 9th. Barclays lowered their price target on Dine Brands Global from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Zacks Research cut Dine Brands Global from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Finally, Piper Sandler increased their price objective on Dine Brands Global from $28.00 to $37.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Seven investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dine Brands Global presently has an average rating of “Reduce” and an average target price of $32.83.

Read Our Latest Analysis on Dine Brands Global

Dine Brands Global Stock Performance

Shares of NYSE DIN opened at $35.31 on Monday. Dine Brands Global, Inc. has a 12-month low of $20.80 and a 12-month high of $39.68. The stock has a market cap of $447.02 million, a PE ratio of 75.13 and a beta of 0.96. The company has a 50-day moving average of $34.84 and a 200 day moving average of $31.62.

Dine Brands Global (NYSE:DINGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.04). The business had revenue of $240.90 million during the quarter, compared to analyst estimates of $237.28 million. Dine Brands Global had a net margin of 0.75% and a negative return on equity of 20.34%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.17 EPS. On average, sell-side analysts forecast that Dine Brands Global, Inc. will post 4.28 EPS for the current fiscal year.

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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