Dine Brands Global Inc (NYSE:DIN) Director Larry Alan Kay sold 415 shares of Dine Brands Global stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of $71.81, for a total value of $29,801.15. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Dine Brands Global traded up $0.26, hitting $74.69, during trading hours on Friday, MarketBeat reports. 172,321 shares of the stock traded hands, compared to its average volume of 374,339. The company has a debt-to-equity ratio of -6.10, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 18.00 and a beta of 0.05. Dine Brands Global Inc has a one year low of $37.11 and a one year high of $82.62.

Dine Brands Global (NYSE:DIN) last posted its quarterly earnings data on Wednesday, August 1st. The restaurant operator reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.05. The business had revenue of $184.47 million for the quarter, compared to analysts’ expectations of $186.92 million. Dine Brands Global had a negative return on equity of 35.19% and a negative net margin of 50.50%. The business’s revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.34 EPS. analysts predict that Dine Brands Global Inc will post 5.12 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Thursday, September 20th will be given a $0.63 dividend. The ex-dividend date is Wednesday, September 19th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.37%. Dine Brands Global’s dividend payout ratio is currently 60.72%.

Several institutional investors and hedge funds have recently modified their holdings of DIN. Geode Capital Management LLC boosted its position in shares of Dine Brands Global by 7.3% in the 4th quarter. Geode Capital Management LLC now owns 148,003 shares of the restaurant operator’s stock worth $7,508,000 after purchasing an additional 10,133 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Dine Brands Global in the 4th quarter worth approximately $1,055,000. Deutsche Bank AG boosted its position in shares of Dine Brands Global by 173.4% in the 4th quarter. Deutsche Bank AG now owns 58,208 shares of the restaurant operator’s stock worth $2,951,000 after purchasing an additional 36,917 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Dine Brands Global by 3.1% in the 4th quarter. Teachers Advisors LLC now owns 32,753 shares of the restaurant operator’s stock worth $1,662,000 after purchasing an additional 982 shares in the last quarter. Finally, LPL Financial LLC bought a new stake in shares of Dine Brands Global in the 4th quarter worth approximately $207,000.

Several research firms have weighed in on DIN. Zacks Investment Research cut Dine Brands Global from a “buy” rating to a “hold” rating in a research report on Tuesday, May 1st. Maxim Group reaffirmed a “buy” rating and set a $95.00 price objective on shares of Dine Brands Global in a research report on Tuesday, May 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Dine Brands Global presently has an average rating of “Hold” and an average target price of $91.00.

About Dine Brands Global

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates through four segments: Franchise Operations, Rental Operations, Company Restaurant Operations, and Financing Operations. The company owns and franchises two restaurant concepts, including Applebee's Neighborhood Grill & Bar (Applebee's) in the bar and grill segment of the casual dining category of the restaurant industry; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry.

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