Universal Beteiligungs und Servicegesellschaft mbH Trims Stock Position in Dine Brands Global, Inc. (NYSE:DIN)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH significantly reduced its holdings in Dine Brands Global by 52.5%, owning 21,700 shares after selling 23,949 shares in the first quarter.
• Dine Brands reported earnings of $1.03 per share, missing estimates by $0.15, while quarterly revenue of $214.78 million also fell short of expectations of $216.19 million.
• The company's recent quarterly dividend of $0.51 per share represents an annual yield of 9.4%, with a dividend payout ratio of 56.51%.

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Dine Brands Global, Inc. (NYSE:DIN - Free Report) by 52.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,700 shares of the restaurant operator's stock after selling 23,949 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of Dine Brands Global worth $505,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its stake in shares of Dine Brands Global by 50.0% during the first quarter. Mountain Hill Investment Partners Corp. now owns 1,500 shares of the restaurant operator's stock worth $35,000 after buying an additional 500 shares during the period. Ancora Advisors LLC acquired a new stake in shares of Dine Brands Global during the fourth quarter worth $40,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Dine Brands Global during the fourth quarter worth $89,000. GAMMA Investing LLC lifted its stake in shares of Dine Brands Global by 5,126.3% during the first quarter. GAMMA Investing LLC now owns 6,167 shares of the restaurant operator's stock worth $144,000 after buying an additional 6,049 shares during the period. Finally, AdvisorShares Investments LLC lifted its position in Dine Brands Global by 243.1% during the fourth quarter. AdvisorShares Investments LLC now owns 5,074 shares of the restaurant operator's stock valued at $153,000 after purchasing an additional 3,595 shares during the period. 92.83% of the stock is owned by hedge funds and other institutional investors.

Dine Brands Global Trading Down 3.8%

Shares of DIN opened at $21.75 on Friday. Dine Brands Global, Inc. has a twelve month low of $18.63 and a twelve month high of $37.44. The firm's fifty day simple moving average is $25.03 and its 200-day simple moving average is $24.64. The firm has a market capitalization of $339.95 million, a price-to-earnings ratio of 6.02 and a beta of 1.16.

Dine Brands Global (NYSE:DIN - Get Free Report) last posted its earnings results on Wednesday, May 7th. The restaurant operator reported $1.03 EPS for the quarter, missing analysts' consensus estimates of $1.18 by ($0.15). The company had revenue of $214.78 million during the quarter, compared to analysts' expectations of $216.19 million. Dine Brands Global had a net margin of 6.69% and a negative return on equity of 34.70%. The company's quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $1.33 earnings per share. On average, analysts predict that Dine Brands Global, Inc. will post 5.84 earnings per share for the current fiscal year.

Dine Brands Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Friday, June 20th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend was Friday, June 20th. Dine Brands Global's dividend payout ratio (DPR) is presently 56.51%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. KeyCorp boosted their target price on shares of Dine Brands Global from $26.00 to $30.00 and gave the company an "overweight" rating in a research report on Tuesday, July 15th. UBS Group decreased their target price on shares of Dine Brands Global from $25.00 to $21.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Truist Financial decreased their target price on shares of Dine Brands Global from $27.00 to $23.00 and set a "hold" rating for the company in a research report on Thursday, May 8th. Finally, Barclays boosted their target price on shares of Dine Brands Global from $21.00 to $24.00 and gave the company an "equal weight" rating in a research report on Thursday, May 8th. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Dine Brands Global currently has an average rating of "Hold" and an average price target of $26.86.

About Dine Brands Global

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.

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