Quantinno Capital Management LP Grows Stock Holdings in Dine Brands Global, Inc. $DIN

Quantinno Capital Management LP lifted its holdings in Dine Brands Global, Inc. (NYSE:DIN) by 73.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,717 shares of the restaurant operator’s stock after acquiring an additional 15,081 shares during the quarter. Quantinno Capital Management LP owned 0.28% of Dine Brands Global worth $937,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Garton & Associates Financial Advisors LLC acquired a new position in Dine Brands Global during the fourth quarter valued at $26,000. Financial Management Professionals Inc. grew its position in Dine Brands Global by 45.4% during the 4th quarter. Financial Management Professionals Inc. now owns 1,044 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 326 shares during the period. Advisory Services Network LLC purchased a new position in shares of Dine Brands Global during the 3rd quarter valued at about $27,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Dine Brands Global during the 3rd quarter valued at about $50,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of Dine Brands Global by 307.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,091 shares of the restaurant operator’s stock valued at $51,000 after buying an additional 1,578 shares during the last quarter. Hedge funds and other institutional investors own 92.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Piper Sandler lifted their price target on Dine Brands Global from $28.00 to $37.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Benchmark restated a “hold” rating on shares of Dine Brands Global in a research report on Monday, August 10th. Mizuho set a $38.00 price objective on shares of Dine Brands Global in a research note on Thursday, August 6th. Zacks Research lowered shares of Dine Brands Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Dine Brands Global in a report on Tuesday, June 9th. Seven equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $32.83.

Dine Brands Global Price Performance

Shares of Dine Brands Global stock opened at $35.31 on Monday. The firm has a market cap of $447.02 million, a PE ratio of 75.13 and a beta of 0.96. Dine Brands Global, Inc. has a twelve month low of $20.80 and a twelve month high of $39.68. The business has a 50-day moving average price of $34.84 and a 200 day moving average price of $31.62.

Dine Brands Global (NYSE:DIN) last issued its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $1.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.04). Dine Brands Global had a negative return on equity of 20.34% and a net margin of 0.75%.The business had revenue of $240.90 million for the quarter, compared to analysts’ expectations of $237.28 million. During the same quarter in the prior year, the company posted $1.17 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, sell-side analysts expect that Dine Brands Global, Inc. will post 4.28 EPS for the current year.

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.