Dine Brands Global (NYSE:DIN) had its target price increased by CL King from $90.00 to $105.00 in a report published on Wednesday, The Fly reports. CL King currently has a buy rating on the restaurant operator’s stock.
DIN has been the subject of a number of other research reports. Raymond James boosted their price target on Dine Brands Global from $90.00 to $100.00 and gave the company an outperform rating in a research report on Monday, March 29th. Zacks Investment Research raised shares of Dine Brands Global from a sell rating to a hold rating in a research report on Friday, March 19th. MKM Partners increased their price objective on shares of Dine Brands Global from $83.00 to $92.00 in a research report on Thursday, April 1st. TheStreet upgraded shares of Dine Brands Global from a d+ rating to a c- rating in a report on Thursday, April 1st. Finally, Deutsche Bank Aktiengesellschaft downgraded Dine Brands Global from a buy rating to a hold rating and set a $80.00 price target for the company. in a report on Wednesday, February 10th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of $91.33.
NYSE DIN opened at $90.35 on Wednesday. The company has a market cap of $1.54 billion, a P/E ratio of -19.90 and a beta of 2.02. Dine Brands Global has a 12 month low of $28.55 and a 12 month high of $93.36. The company has a 50-day moving average of $84.90 and a 200-day moving average of $68.76.
In other Dine Brands Global news, SVP Bryan R. Adel sold 11,805 shares of the firm’s stock in a transaction on Thursday, January 14th. The shares were sold at an average price of $71.03, for a total transaction of $838,509.15. Following the completion of the transaction, the senior vice president now directly owns 22,425 shares of the company’s stock, valued at approximately $1,592,847.75. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Bryan R. Adel sold 1,000 shares of the business’s stock in a transaction dated Monday, March 8th. The stock was sold at an average price of $86.33, for a total transaction of $86,330.00. Following the completion of the sale, the senior vice president now directly owns 11,045 shares of the company’s stock, valued at approximately $953,514.85. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,918 shares of company stock worth $2,044,810. Insiders own 2.75% of the company’s stock.
A number of large investors have recently bought and sold shares of the stock. US Bancorp DE grew its position in shares of Dine Brands Global by 61.9% in the 4th quarter. US Bancorp DE now owns 442 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 169 shares in the last quarter. Freedman Financial Associates Inc. bought a new position in Dine Brands Global during the fourth quarter worth $29,000. Truvestments Capital LLC bought a new stake in Dine Brands Global during the fourth quarter valued at $63,000. Veriti Management LLC bought a new stake in Dine Brands Global during the fourth quarter valued at $82,000. Finally, Hodges Capital Management Inc. acquired a new stake in shares of Dine Brands Global during the fourth quarter worth $207,000. Institutional investors and hedge funds own 85.43% of the company’s stock.
Dine Brands Global Company Profile
Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.
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