2 weeks Ago By Defense World Staff
Prudential Financial Inc. lifted its position in shares of Denny’s Co. (NASDAQ:DENN – Free Report) by 107.
0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,381 shares of the restaurant operator’s stock after acquiring an additional 144,900 shares during the quarter. Prudential Financial Inc.
owned 0.55% of Denny’s worth $1,696,000 as of its most recent SEC filing. A number of other institutional investors have also recently modified their holdings of the business.
First Eagle Investment Management LLC boosted its position in Denny’s by 19.7% during the fourth quarter. First Eagle Investment Management LLC now owns 1,665,680 shares of the restaurant operator’s stock worth $10,077,000 after purchasing an additional 274,459 shares in the last quarter.
JPMorgan Chase & Co. raised its stake in shares of Denny’s by 244.0% during the 3rd quarter.
JPMorgan Chase & Co. now owns 75,797 shares of the restaurant operator’s stock worth $489,000 after buying an additional 53,763 shares during the period. Boston Partners lifted its position in shares of Denny’s by 2,820.
6% during the 4th quarter. Boston Partners now owns 1,665,893 shares of the restaurant operator’s stock valued at $10,081,000 after buying an additional 1,608,854 shares in the last quarter. Barclays PLC grew its stake in Denny’s by 342.
5% in the 3rd quarter. Barclays PLC now owns 82,257 shares of the restaurant operator’s stock valued at $531,000 after acquiring an additional 63,668 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Denny’s by 0.
3% in the 3rd quarter. Geode Capital Management LLC now owns 1,180,879 shares of the restaurant operator’s stock worth $7,618,000 after acquiring an additional 3,902 shares in the last quarter. 85.
07% of the stock is currently owned by institutional investors and hedge funds. Denny’s Price PerformanceShares of Denny’s stock opened at $3.43 on Friday.
Denny’s Co. has a 1-year low of $3.16 and a 1-year high of $8.
83. The stock has a market cap of $177.03 million, a P/E ratio of 8.
37 and a beta of 1.87. The stock’s 50 day simple moving average is $4.
89 and its 200-day simple moving average is $5.82. Denny’s (NASDAQ:DENN – Get Free Report) last issued its earnings results on Wednesday, February 12th.
The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.
01). Denny’s had a net margin of 4.77% and a negative return on equity of 50.
01%. As a group, research analysts expect that Denny’s Co. will post 0.
5 EPS for the current fiscal year. Analysts Set New Price TargetsSeveral research firms have issued reports on DENN. Wedbush decreased their price objective on shares of Denny’s from $10.
00 to $8.50 and set an “outperform” rating on the stock in a report on Thursday, February 13th. Oppenheimer decreased their price target on shares of Denny’s from $8.
00 to $7.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. Piper Sandler cut their price objective on Denny’s from $7.
00 to $6.00 and set a “neutral” rating for the company in a research note on Tuesday, February 18th. StockNews.
com downgraded Denny’s from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Finally, Citigroup dropped their price target on Denny’s from $8.00 to $7.
00 and set a “buy” rating for the company in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.
com, Denny’s has an average rating of “Moderate Buy” and an average target price of $7.75.Get Our Latest Report on DENNInsiders Place Their BetsIn other Denny’s news, EVP Stephen C.
Dunn acquired 9,815 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average cost of $5.08 per share, for a total transaction of $49,860.
20. Following the completion of the acquisition, the executive vice president now owns 113,666 shares of the company’s stock, valued at approximately $577,423.28.
The trade was a 9.45 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Also, CEO Kelli Valade bought 9,700 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were acquired at an average cost of $5.13 per share, with a total value of $49,761.
00. Following the purchase, the chief executive officer now owns 192,806 shares of the company’s stock, valued at $989,094.78.
The trade was a 5.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here.
Insiders have bought 20,465 shares of company stock valued at $104,457 over the last ninety days. Company insiders own 4.20% of the company’s stock.
Denny’s Profile (Free Report)Denny’s Corp. engages in the operation of restaurants and franchised, and licensed restaurants. It operates through the Denny’s and Other segments.
The Denny’s segment includes the results of all company and franchised and licensed Denny’s restaurants. The Other segment refers to the results of all company and franchise restaurants.Featured StoriesFive stocks we like better than Denny’sAre These Liquid Natural Gas Stocks Ready For An Upside Bounce?Conagra Stock Could Thrive as Tariffs Hit Other SectorsHow the NYSE and NASDAQ are Different, Why That Matters to InvestorsGrocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey FindsDividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?Want to see what other hedge funds are holding DENN? Visit HoldingsChannel.
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