UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 3,987 Shares of Dine Brands Global, Inc. (NYSE:DIN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Dine Brands Global, Inc. (NYSE:DIN) by 10.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,581 shares of the restaurant operator’s stock after purchasing an additional 3,987 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.29% of Dine Brands Global worth $1,361,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Factorial Partners LLC grew its stake in Dine Brands Global by 217.6% in the 3rd quarter. Factorial Partners LLC now owns 104,816 shares of the restaurant operator’s stock valued at $3,273,000 after buying an additional 71,816 shares during the last quarter. Clearline Capital LP boosted its holdings in shares of Dine Brands Global by 225.0% during the second quarter. Clearline Capital LP now owns 124,573 shares of the restaurant operator’s stock worth $4,510,000 after acquiring an additional 86,241 shares during the period. Olstein Capital Management L.P. grew its position in shares of Dine Brands Global by 25.1% in the third quarter. Olstein Capital Management L.P. now owns 302,205 shares of the restaurant operator’s stock valued at $9,438,000 after purchasing an additional 60,605 shares during the last quarter. Cubist Systematic Strategies LLC increased its stake in shares of Dine Brands Global by 19.8% during the second quarter. Cubist Systematic Strategies LLC now owns 148,286 shares of the restaurant operator’s stock worth $5,368,000 after purchasing an additional 24,556 shares during the period. Finally, Victory Capital Management Inc. acquired a new stake in Dine Brands Global during the 3rd quarter worth approximately $225,000. Institutional investors and hedge funds own 92.83% of the company’s stock.

Dine Brands Global Trading Down 1.6 %

Shares of Dine Brands Global stock opened at $30.93 on Wednesday. The company has a market cap of $471.48 million, a PE ratio of 5.23 and a beta of 1.73. The company has a 50 day moving average of $32.52 and a 200-day moving average of $33.17. Dine Brands Global, Inc. has a 1-year low of $28.25 and a 1-year high of $51.35.

Dine Brands Global (NYSE:DIN) last released its earnings results on Wednesday, November 6th. The restaurant operator reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.10. Dine Brands Global had a negative return on equity of 37.75% and a net margin of 11.31%. The firm had revenue of $195.00 million during the quarter, compared to analysts’ expectations of $198.40 million. During the same period in the prior year, the company earned $1.46 earnings per share. The company’s quarterly revenue was down 3.8% on a year-over-year basis. Research analysts forecast that Dine Brands Global, Inc. will post 5.84 earnings per share for the current year.

Dine Brands Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 7th. Investors of record on Friday, December 20th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 6.60%. The ex-dividend date of this dividend is Friday, December 20th. Dine Brands Global’s dividend payout ratio (DPR) is presently 33.94%.

Wall Street Analysts Forecast Growth

DIN has been the topic of a number of research reports. CL King lowered Dine Brands Global from a “buy” rating to a “neutral” rating in a report on Monday, November 4th. Benchmark restated a “hold” rating on shares of Dine Brands Global in a research note on Tuesday, October 29th. StockNews.com cut shares of Dine Brands Global from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. KeyCorp decreased their target price on shares of Dine Brands Global from $37.00 to $36.00 and set an “overweight” rating on the stock in a research report on Friday, October 18th. Finally, UBS Group dropped their price target on shares of Dine Brands Global from $51.00 to $44.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $44.71.

Dine Brands Global 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.