Stifel Financial Corp Has $1.11 Million Stock Holdings in Dine Brands Global, Inc. (NYSE:DIN)

Stifel Financial Corp increased its stake in shares of Dine Brands Global, Inc. (NYSE:DIN - Free Report) by 45.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,729 shares of the restaurant operator's stock after buying an additional 11,556 shares during the quarter. Stifel Financial Corp owned about 0.24% of Dine Brands Global worth $1,106,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its stake in shares of Dine Brands Global by 9.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,889 shares of the restaurant operator's stock worth $237,000 after purchasing an additional 692 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Dine Brands Global by 8.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 190,145 shares of the restaurant operator's stock valued at $5,724,000 after purchasing an additional 14,958 shares during the period. Marshall Wace LLP bought a new stake in shares of Dine Brands Global in the 4th quarter worth $503,000. Barclays PLC lifted its holdings in shares of Dine Brands Global by 8.7% in the fourth quarter. Barclays PLC now owns 39,084 shares of the restaurant operator's stock valued at $1,176,000 after buying an additional 3,138 shares during the period. Finally, Invesco Ltd. grew its holdings in Dine Brands Global by 8.0% during the fourth quarter. Invesco Ltd. now owns 46,971 shares of the restaurant operator's stock worth $1,414,000 after acquiring an additional 3,475 shares during the period. 92.83% of the stock is owned by institutional investors and hedge funds.

Dine Brands Global Stock Performance

Shares of NYSE DIN traded down $0.17 during trading hours on Friday, hitting $22.40. The stock had a trading volume of 488,597 shares, compared to its average volume of 591,012. The company has a market capitalization of $350.02 million, a P/E ratio of 3.73 and a beta of 1.11. The firm's 50-day moving average price is $22.26 and its two-hundred day moving average price is $27.45. Dine Brands Global, Inc. has a 52 week low of $18.63 and a 52 week high of $45.69.

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

Dine Brands Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were issued a $0.51 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.04 annualized dividend and a yield of 9.11%. Dine Brands Global's dividend payout ratio (DPR) is presently 56.51%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DIN shares. KeyCorp reduced 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 research report on Thursday. Barclays lifted their price target on Dine Brands Global from $21.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Thursday. Truist Financial dropped their target price on shares of Dine Brands Global from $27.00 to $23.00 and set a "hold" rating on the stock in a research report on Thursday. Wedbush decreased their price objective on shares of Dine Brands Global from $28.00 to $26.00 and set a "neutral" rating for the company in a research note on Thursday, March 6th. Finally, UBS Group reduced their target price on Dine Brands Global from $25.00 to $21.00 and set a "neutral" rating for the company in a report on Thursday. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus 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.