135,000 Shares in Dine Brands Global, Inc. $DIN Acquired by 4D Advisors LLC

4D Advisors LLC bought a new position in shares of Dine Brands Global, Inc. (NYSE:DIN) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 135,000 shares of the restaurant operator’s stock, valued at approximately $4,339,000. Dine Brands Global accounts for about 2.4% of 4D Advisors LLC’s investment portfolio, making the stock its 19th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Argos Wealth Advisors LLC purchased a new position in shares of Dine Brands Global during the fourth quarter valued at approximately $707,000. Cibc World Market Inc. boosted its position in shares of Dine Brands Global by 14.0% during the fourth quarter. Cibc World Market Inc. now owns 821,184 shares of the restaurant operator’s stock valued at $26,393,000 after buying an additional 101,054 shares during the last quarter. Factorial Partners LLC boosted its position in shares of Dine Brands Global by 32.7% during the third quarter. Factorial Partners LLC now owns 89,316 shares of the restaurant operator’s stock valued at $2,208,000 after buying an additional 22,000 shares during the last quarter. Ballentine Partners LLC boosted its position in shares of Dine Brands Global by 11.0% during the fourth quarter. Ballentine Partners LLC now owns 11,848 shares of the restaurant operator’s stock valued at $381,000 after buying an additional 1,173 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Dine Brands Global during the fourth quarter valued at approximately $196,000. Institutional investors and hedge funds own 92.83% of the company’s stock.

Insider Buying and Selling

In other news, Director Michael Hyter sold 1,800 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $28.88, for a total value of $51,984.00. Following the completion of the transaction, the director directly owned 9,315 shares in the company, valued at approximately $269,017.20. This represents a 16.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 6.73% of the stock is currently owned by insiders.

Dine Brands Global Stock Performance

Shares of NYSE DIN opened at $33.49 on Thursday. The stock has a market cap of $424.92 million, a PE ratio of 33.15 and a beta of 0.97. Dine Brands Global, Inc. has a fifty-two week low of $19.58 and a fifty-two week high of $39.68. The stock has a fifty day moving average of $29.45 and a 200-day moving average of $31.37.

Dine Brands Global (NYSE:DIN) last posted its earnings results on Wednesday, May 6th. The restaurant operator reported $0.88 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.12). Dine Brands Global had a negative return on equity of 23.28% and a net margin of 1.77%.The business had revenue of $225.20 million for the quarter, compared to analysts’ expectations of $222.08 million. During the same quarter in the previous year, the firm earned $1.03 earnings per share. Dine Brands Global’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, sell-side analysts predict that Dine Brands Global, Inc. will post 4.64 EPS for the current year.

Dine Brands Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Wednesday, June 24th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 2.3%. The ex-dividend date is Wednesday, June 24th. Dine Brands Global’s payout ratio is presently 75.25%.

Analyst Ratings Changes

A number of analysts recently commented on DIN shares. KeyCorp reiterated a “sector weight” rating on shares of Dine Brands Global in a report on Thursday, April 2nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dine Brands Global in a report on Tuesday, June 9th. Zacks Research upgraded Dine Brands Global from a “strong sell” rating to a “hold” rating in a report on Thursday, April 2nd. Mizuho dropped their price target on Dine Brands Global from $34.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Finally, Barclays dropped their price target on Dine Brands Global from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Seven analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Dine Brands Global currently has an average rating of “Hold” and a consensus target price of $30.40.

Dine Brands Global Company Profile

Dine Brands Global, Inc is a leading franchisor and operator of full‐service restaurants in the casual dining and breakfast segments. The company’s primary brands include IHOP®, known for its wide variety of breakfast offerings and pancakes, and Applebee’s Neighborhood Grill + Bar®, a casual dining concept featuring a range of American entrées, appetizers and cocktails. Through its franchise model, Dine Brands works with independent restaurant owners to develop, market and support both domestic and international locations.

The origins of Dine Brands Global date back to the founding of the International House of Pancakes (IHOP) in 1958 in California.