Denny’s Corporation (NASDAQ:DENN) VP Stephen C. Dunn sold 5,111 shares of Denny’s Corporation stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $11.89, for a total value of $60,769.79. Following the transaction, the vice president now directly owns 93,179 shares of the company’s stock, valued at $1,107,898.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Denny’s Corporation (NASDAQ:DENN) traded down 1.18% during trading on Thursday, hitting $11.75. The stock had a trading volume of 306,843 shares. Denny’s Corporation has a 1-year low of $10.02 and a 1-year high of $14.25. The firm’s 50-day moving average price is $11.90 and its 200-day moving average price is $11.97. The stock has a market cap of $789.31 million, a PE ratio of 23.04 and a beta of 0.58.

Denny’s Corporation (NASDAQ:DENN) last issued 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 firm had revenue of $133.40 million for the quarter, compared to the consensus estimate of $131.62 million. Denny’s Corporation had a net margin of 7.34% and a negative return on equity of 60.77%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.13 earnings per share. On average, equities research analysts predict that Denny’s Corporation will post $0.56 earnings per share for the current fiscal year.

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Several large investors have recently made changes to their positions in DENN. First Trust Advisors LP lifted its position in shares of Denny’s Corporation by 277.9% during the 1st quarter. First Trust Advisors LP now owns 153,222 shares of the restaurant operator’s stock valued at $1,895,000 after acquiring an additional 112,674 shares during the last quarter. US Bancorp DE lifted its position in shares of Denny’s Corporation by 1.9% during the 1st quarter. US Bancorp DE now owns 72,213 shares of the restaurant operator’s stock valued at $893,000 after acquiring an additional 1,313 shares during the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of Denny’s Corporation by 40.4% during the 1st quarter. UBS Asset Management Americas Inc. now owns 38,046 shares of the restaurant operator’s stock valued at $471,000 after acquiring an additional 10,950 shares during the last quarter. Teza Capital Management LLC acquired a new stake in shares of Denny’s Corporation during the 1st quarter valued at $250,000. Finally, Karp Capital Management Corp acquired a new stake in shares of Denny’s Corporation during the 1st quarter valued at $315,000. Institutional investors own 92.45% of the company’s stock.

Several brokerages recently issued reports on DENN. Zacks Investment Research cut Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd. Wedbush reaffirmed an “outperform” rating and set a $14.00 price objective on shares of Denny’s Corporation in a report on Sunday, July 30th. Finally, BidaskClub cut Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus 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.

Insider Buying and Selling by Quarter for Denny`s Corporation (NASDAQ:DENN)

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