Denny’s Corporation (NASDAQ:DENN) EVP F Mark Wolfinger sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $13.07, for a total value of $130,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

F Mark Wolfinger also recently made the following trade(s):

  • On Friday, November 17th, F Mark Wolfinger sold 10,000 shares of Denny’s stock. The shares were sold at an average price of $12.57, for a total value of $125,700.00.

Denny’s Corporation (NASDAQ DENN) traded down $0.06 during trading on Thursday, reaching $13.55. The company’s stock had a trading volume of 301,974 shares, compared to its average volume of 332,571. The company has a debt-to-equity ratio of -2.95, a quick ratio of 0.36 and a current ratio of 0.40. The stock has a market capitalization of $857.82, a price-to-earnings ratio of 23.05 and a beta of 0.57. Denny’s Corporation has a one year low of $10.87 and a one year high of $14.25.

Denny’s (NASDAQ:DENN) last posted its earnings results on Wednesday, November 1st. The restaurant operator reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. Denny’s had a negative return on equity of 52.30% and a net margin of 7.21%. The company had revenue of $132.38 million during the quarter, compared to analyst estimates of $133.58 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. Denny’s’s revenue was up 3.1% on a year-over-year basis. research analysts anticipate that Denny’s Corporation will post 0.55 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC lifted its holdings in shares of Denny’s by 9.8% during the 2nd quarter. Renaissance Technologies LLC now owns 3,946,911 shares of the restaurant operator’s stock valued at $46,455,000 after purchasing an additional 352,600 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Denny’s by 1.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,546,247 shares of the restaurant operator’s stock valued at $31,701,000 after purchasing an additional 39,719 shares during the last quarter. Lord Abbett & CO. LLC lifted its holdings in shares of Denny’s by 8.0% during the 2nd quarter. Lord Abbett & CO. LLC now owns 1,537,141 shares of the restaurant operator’s stock valued at $18,092,000 after purchasing an additional 114,365 shares during the last quarter. State Street Corp lifted its holdings in shares of Denny’s by 2.6% during the 2nd quarter. State Street Corp now owns 1,513,970 shares of the restaurant operator’s stock valued at $17,819,000 after purchasing an additional 38,567 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Denny’s by 1.0% during the 1st quarter. Geode Capital Management LLC now owns 615,727 shares of the restaurant operator’s stock valued at $7,616,000 after purchasing an additional 6,294 shares during the last quarter. Hedge funds and other institutional investors own 91.53% of the company’s stock.

A number of analysts recently issued reports on the company. Zacks Investment Research lowered Denny’s from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. TheStreet upgraded Denny’s from a “c+” rating to a “b-” rating in a report on Monday, October 16th. BidaskClub lowered Denny’s from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th. Finally, Wedbush restated an “outperform” rating on shares of Denny’s in a report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $12.67.

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Denny’s 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 (NASDAQ:DENN)

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