Universal Beteiligungs und Servicegesellschaft mbH Takes $1.37 Million Position in Dine Brands Global, Inc. (NYSE:DIN)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Dine Brands Global, Inc. (NYSE:DIN - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 45,649 shares of the restaurant operator's stock, valued at approximately $1,374,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.30% of Dine Brands Global as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Dine Brands Global in the 4th quarter valued at $30,000. Ancora Advisors LLC purchased a new stake in shares of Dine Brands Global in the 4th quarter valued at $40,000. KLP Kapitalforvaltning AS bought a new stake in Dine Brands Global during the 4th quarter valued at $89,000. AdvisorShares Investments LLC raised its holdings in Dine Brands Global by 243.1% during the 4th quarter. AdvisorShares Investments LLC now owns 5,074 shares of the restaurant operator's stock valued at $153,000 after buying an additional 3,595 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Dine Brands Global by 6.3% during the 4th quarter. Russell Investments Group Ltd. now owns 7,032 shares of the restaurant operator's stock valued at $212,000 after buying an additional 414 shares during the last quarter. Hedge funds and other institutional investors own 92.83% of the company's stock.

Dine Brands Global Price Performance

DIN stock traded up $0.80 during trading on Friday, hitting $24.80. 355,174 shares of the stock traded hands, compared to its average volume of 595,537. Dine Brands Global, Inc. has a 1 year low of $18.63 and a 1 year high of $39.21. The firm's 50 day moving average is $21.93 and its two-hundred day moving average is $26.30. The stock has a market cap of $387.45 million, a price-to-earnings ratio of 4.13 and a beta of 1.18.

Dine Brands Global (NYSE:DIN - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The restaurant operator reported $1.03 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.15). Dine Brands Global had a net margin of 11.31% and a negative return on equity of 37.75%. The firm had revenue of $214.78 million for the quarter, compared to analysts' expectations of $216.19 million. During the same period last year, the company posted $1.33 earnings per share. The business's revenue for the quarter was up 4.1% compared to the same quarter last year. As a group, analysts anticipate that Dine Brands Global, Inc. will post 5.84 EPS for the current fiscal year.

Dine Brands Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 20th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.23%. The ex-dividend date is Friday, June 20th. Dine Brands Global's payout ratio is presently 56.51%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DIN shares. Wedbush lowered their price target on shares of Dine Brands Global from $28.00 to $26.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Barclays upped their price objective on shares of Dine Brands Global from $21.00 to $24.00 and gave the stock an "equal weight" rating in a report on Thursday, May 8th. Truist Financial decreased their price objective on shares of Dine Brands Global from $27.00 to $23.00 and set a "hold" rating for the company in a report on Thursday, May 8th. KeyCorp decreased their price objective on shares of Dine Brands Global from $30.00 to $26.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Finally, Sanford C. Bernstein set a $26.00 price target on shares of Dine Brands Global in a research note on Thursday, March 6th. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Dine Brands Global presently has an average rating of "Hold" and an average price target of $26.29.

Dine Brands Global Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Solutions, Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.