Denny’s Corporation (NASDAQ:DENN) EVP F Mark Wolfinger sold 9,414 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $13.64, for a total value of $128,406.96. Following the completion of the transaction, the executive vice president now directly owns 681,197 shares of the company’s stock, valued at approximately $9,291,527.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, November 28th, F Mark Wolfinger sold 10,000 shares of Denny’s stock. The shares were sold at an average price of $13.07, for a total transaction of $130,700.00.
  • 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 transaction of $125,700.00.

Denny’s Corporation (DENN) traded down $0.20 during trading hours on Wednesday, reaching $13.39. 183,300 shares of the company’s stock were exchanged, compared to its average volume of 331,683. The firm has a market cap of $887.19, a P/E ratio of 23.84 and a beta of 0.57. The company has a debt-to-equity ratio of -2.95, a current ratio of 0.40 and a quick ratio of 0.36. Denny’s Corporation has a twelve month low of $10.87 and a twelve month high of $14.25.

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

A number of analysts have weighed in on the stock. Wedbush reissued an “outperform” rating on shares of Denny’s in a research report on Tuesday, August 8th. Zacks Investment Research raised shares of Denny’s from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. TheStreet raised shares of Denny’s from a “c+” rating to a “b-” rating in a research report on Monday, October 16th. Finally, BidaskClub downgraded shares of Denny’s from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 26th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $12.67.

Several institutional investors have recently bought and sold shares of DENN. Schwab Charles Investment Management Inc. boosted its holdings in shares of Denny’s by 5.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 325,504 shares of the restaurant operator’s stock worth $4,027,000 after buying an additional 17,553 shares in the last quarter. Credit Suisse AG boosted its holdings in shares of Denny’s by 62.1% during the 1st quarter. Credit Suisse AG now owns 131,901 shares of the restaurant operator’s stock worth $1,630,000 after buying an additional 50,528 shares in the last quarter. Aperio Group LLC boosted its holdings in shares of Denny’s by 5.1% during the 2nd quarter. Aperio Group LLC now owns 26,741 shares of the restaurant operator’s stock worth $315,000 after buying an additional 1,298 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Denny’s by 18.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 127,930 shares of the restaurant operator’s stock worth $1,506,000 after buying an additional 20,350 shares in the last quarter. Finally, TD Asset Management Inc. boosted its holdings in shares of Denny’s by 43.8% during the 2nd quarter. TD Asset Management Inc. now owns 121,508 shares of the restaurant operator’s stock worth $1,430,000 after buying an additional 37,008 shares in the last quarter. Hedge funds and other institutional investors own 91.53% of the company’s stock.

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About Denny’s

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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