Global X Management Co.
(NYSE:DIN) shares saw heavy trading volume with 659K shares changing hands on Friday. LLC owned approximately 0.74% of DineEquity worth $5,861,000 as of its most recent filing with the SEC.
Alliancebernstein L.P. continued to hold its stake in DineEquity, Inc (NYSE:DIN) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Louisiana State Employees Retirement System raised its position in shares of DineEquity by 1.5% in the second quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of DineEquity by 6.2% in the fourth quarter. Municipal Employees Retirement System of MI now owns 3,990 shares of the restaurant operator's stock valued at $176,000 after buying an additional 100 shares during the period. As of quarter end Burgundy Asset Management Ltd. had disposed of 3,677 shares trimming its stake by 0.5%. Caxton Associates LP acquired a new position in DineEquity during the first quarter worth about $430,000. Five equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The company's 50-day moving average is $42.05 and its 200 day moving average is $51.51.
"We believe 2017 will be a transitional year for Applebee's and we are making the necessary investments for overall long-term brand health and expect to see improvement over the next year", said Richard J. Dahl, chairman and interim Chief Executive Officer of DineEquity, Inc.
The company's P/E ratio is 8.35 and the market cap is 714.17M.
Here is the rundown on market activity for DineEquity, Inc (NYSE:DIN). In the last earnings report the EPS was $4.76 and is estimated to be $4.60 for the current year with 17,980,000 shares now outstanding. The firm had revenue of $155.20 million during the quarter, compared to analysts' expectations of $155.33 million. DineEquity had a net margin of 13.85% and a return on equity of 40.48%. The firm's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter previous year, the company earned $1.59 EPS. Next quarter's EPS is forecasted to be $1.08 and the next full year EPS is anticipated to be $4.86.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Finally, Nomura reissued a "hold" rating and issued a $55.00 target price on shares of DineEquity in a report on Monday, April 17th. The ex-dividend date was set for Thursday the 15th of June 2017. This dividend represents a yield of $10.40. DineEquity's dividend payout ratio is 86.61%.
TRADEMARK VIOLATION NOTICE: "Global X Management Co".
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A number of equities research analysts recently issued reports on the stock.