Shares of Denny’s Corp. (NASDAQ:DENN) rose 3.7% during trading on Friday . The company traded as high as $11.77 and last traded at $11.77, with a volume of 249,404 shares traded. The stock had previously closed at $11.35.

DENN has been the subject of a number of analyst reports. Nomura Holdings Inc. initiated coverage on shares of Denny’s Corp. in a report on Wednesday, April 20th. They set a “neutral” rating and a $11.00 target price for the company. Wedbush lifted their target price on shares of Denny’s Corp. from $13.00 to $14.00 and gave the stock an “outperform” rating in a report on Tuesday, May 3rd. Zacks Investment Research raised shares of Denny’s Corp. from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Wednesday, May 4th. Finally, Stephens reaffirmed an “overweight” rating and set a $12.00 target price on shares of Denny’s Corp. in a report on Thursday, May 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $12.40.

The firm has a 50-day moving average price of $10.95 and a 200 day moving average price of $10.24. The stock has a market cap of $905.52 million and a P/E ratio of 26.26.

Denny’s Corp. (NASDAQ:DENN) last issued its quarterly earnings results on Monday, May 2nd. The company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. During the same period last year, the company posted $0.10 EPS. The firm had revenue of $124.64 million for the quarter, compared to the consensus estimate of $122.93 million. The business’s revenue was up 3.7% on a year-over-year basis. Equities analysts anticipate that Denny’s Corp. will post $0.51 EPS for the current year.

In other news, VP Stephen C. Dunn sold 12,500 shares of the company’s stock in a transaction that occurred on Friday, June 17th. The shares were sold at an average price of $10.81, for a total transaction of $135,125.00. Following the completion of the sale, the vice president now owns 94,197 shares of the company’s stock, valued at approximately $1,018,269.57. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

A number of institutional investors recently modified their holdings of DENN. California State Teachers Retirement System increased its position in shares of Denny’s Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 156,334 shares of the company’s stock valued at $1,537,000 after buying an additional 2,454 shares during the last quarter. Shell Asset Management Co. bought a new position in shares of Denny’s Corp. during the fourth quarter valued at approximately $1,786,000. Deere & Co. increased its position in shares of Denny’s Corp. by 13.9% in the fourth quarter. Deere & Co. now owns 218,237 shares of the company’s stock valued at $2,145,000 after buying an additional 26,665 shares during the last quarter. Russell Frank Co increased its position in shares of Denny’s Corp. by 21.0% in the fourth quarter. Russell Frank Co now owns 229,624 shares of the company’s stock valued at $2,294,000 after buying an additional 39,924 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Denny’s Corp. by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,899,991 shares of the company’s stock valued at $18,677,000 after buying an additional 200,576 shares during the last quarter.

Denny’s Corporation (Denny’s) is a franchised full-service restaurant chain. The Company, through its wholly owned subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. Its other wholly owned subsidiaries include DFO, LLC and Denny’s Realty, LLC. The Denny’s brand consisted of approximately 1,702 franchised, licensed and the Company operated restaurants around the world, including over 1,596 restaurants in the United States and over 106 international locations.

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