Yousif Capital Management LLC Sells 408 Shares of Dine Brands Global, Inc. (NYSE:DIN)

Yousif Capital Management LLC decreased its holdings in Dine Brands Global, Inc. (NYSE:DIN) by 5.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,508 shares of the restaurant operator’s stock after selling 408 shares during the quarter. Yousif Capital Management LLC’s holdings in Dine Brands Global were worth $378,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DIN. Captrust Financial Advisors raised its stake in Dine Brands Global by 132.3% in the 1st quarter. Captrust Financial Advisors now owns 929 shares of the restaurant operator’s stock worth $73,000 after acquiring an additional 529 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Dine Brands Global in the 1st quarter valued at about $85,000. Tower Research Capital LLC TRC increased its stake in shares of Dine Brands Global by 57.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,094 shares of the restaurant operator’s stock valued at $70,000 after purchasing an additional 397 shares in the last quarter. Point72 Middle East FZE purchased a new position in shares of Dine Brands Global in the 4th quarter valued at about $79,000. Finally, SG Americas Securities LLC increased its stake in shares of Dine Brands Global by 22.3% in the 1st quarter. SG Americas Securities LLC now owns 1,972 shares of the restaurant operator’s stock valued at $133,000 after purchasing an additional 360 shares in the last quarter. Institutional investors and hedge funds own 90.61% of the company’s stock.

Insider Buying and Selling at Dine Brands Global

In related news, CFO Vance Yuwen Chang acquired 1,170 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was bought at an average price of $43.32 per share, for a total transaction of $50,684.40. Following the completion of the purchase, the chief financial officer now directly owns 19,101 shares of the company’s stock, valued at approximately $827,455.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Dine Brands Global news, CFO Vance Yuwen Chang bought 1,170 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was acquired at an average price of $43.32 per share, for a total transaction of $50,684.40. Following the completion of the purchase, the chief financial officer now owns 19,101 shares of the company’s stock, valued at $827,455.32. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO John W. Peyton bought 2,225 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were acquired at an average price of $44.97 per share, with a total value of $100,058.25. Following the purchase, the chief executive officer now directly owns 78,519 shares of the company’s stock, valued at approximately $3,530,999.43. The disclosure for this purchase can be found here. 3.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DIN. Truist Financial lowered their price objective on Dine Brands Global from $78.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. KeyCorp cut their target price on Dine Brands Global from $68.00 to $55.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 17th. Piper Sandler cut their target price on Dine Brands Global from $59.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, November 2nd. Barclays cut their price objective on Dine Brands Global from $64.00 to $60.00 and set an “overweight” rating on the stock in a research report on Thursday, November 2nd. Finally, StockNews.com lowered Dine Brands Global from a “buy” rating to a “hold” rating in a research report on Friday. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $58.33.

Dine Brands Global Trading Down 1.6 %

Shares of DIN stock opened at $43.08 on Friday. The firm has a fifty day moving average price of $49.88 and a 200 day moving average price of $56.63. The company has a market cap of $665.08 million, a P/E ratio of 8.96 and a beta of 1.87. Dine Brands Global, Inc. has a 12 month low of $42.75 and a 12 month high of $82.43.

Dine Brands Global (NYSE:DIN) last released its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.14. Dine Brands Global had a net margin of 9.07% and a negative return on equity of 36.00%. The company had revenue of $202.60 million during the quarter, compared to the consensus estimate of $203.23 million. During the same quarter in the prior year, the firm posted $1.66 earnings per share. Dine Brands Global’s revenue for the quarter was down 13.1% on a year-over-year basis. On average, equities analysts forecast that Dine Brands Global, Inc. will post 6.41 EPS for the current year.

Dine Brands Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Tuesday, September 19th were paid a $0.51 dividend. The ex-dividend date was Monday, September 18th. This represents a $2.04 annualized dividend and a yield of 4.74%. Dine Brands Global’s dividend payout ratio is presently 42.41%.

Dine Brands Global Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP), Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.