2 weeks Ago By ABMN Staff
Prudential Financial Inc. raised its position in shares of Denny’s Co. ( NASDAQ:DENN – Free Report ) by 107.
0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 280,381 shares of the restaurant operator’s stock after buying an additional 144,900 shares during the period. Prudential Financial Inc.
’s holdings in Denny’s were worth $1,696,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors have also modified their holdings of the company. First Eagle Investment Management LLC boosted its holdings in Denny’s by 19.
7% during the 4th quarter. First Eagle Investment Management LLC now owns 1,665,680 shares of the restaurant operator’s stock valued at $10,077,000 after acquiring an additional 274,459 shares during the period. JPMorgan Chase & Co.
boosted its stake in shares of Denny’s by 244.0% in the third quarter. JPMorgan Chase & Co.
now owns 75,797 shares of the restaurant operator’s stock valued at $489,000 after purchasing an additional 53,763 shares during the period. Boston Partners boosted its stake in shares of Denny’s by 2,820.6% in the fourth quarter.
Boston Partners now owns 1,665,893 shares of the restaurant operator’s stock valued at $10,081,000 after purchasing an additional 1,608,854 shares during the period. Barclays PLC increased its stake in Denny’s by 342.5% during the 3rd quarter.
Barclays PLC now owns 82,257 shares of the restaurant operator’s stock worth $531,000 after buying an additional 63,668 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Denny’s by 0.3% during the 3rd quarter.
Geode Capital Management LLC now owns 1,180,879 shares of the restaurant operator’s stock worth $7,618,000 after buying an additional 3,902 shares in the last quarter. 85.07% of the stock is owned by institutional investors and hedge funds.
Denny’s Stock Down 0.6 % Shares of Denny’s stock opened at $3.43 on Friday.
The firm has a market capitalization of $177.03 million, a P/E ratio of 8.37 and a beta of 1.
87. Denny’s Co. has a 52 week low of $3.
16 and a 52 week high of $8.83. The firm’s 50 day moving average is $4.
89 and its two-hundred day moving average is $5.82. Analysts Set New Price Targets Several equities analysts have commented on DENN shares.
Oppenheimer cut their price objective on Denny’s from $8.00 to $7.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th.
Citigroup cut their price target on Denny’s from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Thursday, February 13th.
StockNews.com cut Denny’s from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Piper Sandler cut their target price on shares of Denny’s from $7.
00 to $6.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 18th. Finally, Wedbush lowered their price target on shares of Denny’s from $10.
00 to $8.50 and set an “outperform” rating for the company in a report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock.
According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $7.75. Check Out Our Latest Stock Analysis on Denny’s Insider Activity In other Denny’s news, CEO Kelli Valade acquired 9,700 shares of the company’s stock in a transaction on Thursday, February 20th.
The shares were bought at an average cost of $5.13 per share, for a total transaction of $49,761.00.
Following the completion of the purchase, the chief executive officer now owns 192,806 shares in the company, valued at $989,094.78. This trade represents a 5.
30 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink . Also, EVP Stephen C.
Dunn bought 9,815 shares of Denny’s stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average cost of $5.08 per share, with a total value of $49,860.
20. Following the completion of the acquisition, the executive vice president now directly 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 disclosure for this purchase can be found here .
In the last three months, insiders bought 20,465 shares of company stock valued at $104,457. 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 Stories Want to see what other hedge funds are holding DENN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Denny’s Co. ( NASDAQ:DENN – Free Report ). Receive News & Ratings for Denny's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denny's and related companies with MarketBeat.
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