Teachers Retirement System of The State of Kentucky maintained its position in shares of DineEquity, Inc (NYSE:DIN) during the first quarter, Holdings Channel reports. The institutional investor owned 5,400 shares of the restaurant operator’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in DineEquity were worth $294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in DIN. Parametric Portfolio Associates LLC boosted its position in shares of DineEquity by 22.6% in the first quarter. Parametric Portfolio Associates LLC now owns 88,120 shares of the restaurant operator’s stock valued at $4,795,000 after buying an additional 16,230 shares in the last quarter. KBC Group NV acquired a new position in shares of DineEquity during the first quarter valued at approximately $3,803,000. LSV Asset Management acquired a new position in shares of DineEquity during the first quarter valued at approximately $957,000. Airain ltd acquired a new position in shares of DineEquity during the first quarter valued at approximately $1,233,000. Finally, Teachers Advisors LLC boosted its position in shares of DineEquity by 2.5% in the fourth quarter. Teachers Advisors LLC now owns 29,290 shares of the restaurant operator’s stock valued at $2,255,000 after buying an additional 728 shares in the last quarter. 88.88% of the stock is currently owned by institutional investors.

Shares of DineEquity, Inc (DIN) traded down 2.20% during mid-day trading on Wednesday, reaching $37.28. 158,153 shares of the company’s stock were exchanged. DineEquity, Inc has a 52-week low of $37.11 and a 52-week high of $88.00. The firm has a market cap of $670.29 million, a P/E ratio of 7.84 and a beta of 0.39. The company has a 50 day moving average price of $42.71 and a 200 day moving average price of $52.76.

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DIN has been the topic of several recent research reports. Zacks Investment Research raised shares of DineEquity from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Monday, July 24th. Vetr lowered shares of DineEquity from a “buy” rating to a “hold” rating and set a $58.82 price target on the stock. in a research report on Wednesday, April 26th. Maxim Group reiterated a “buy” rating and set a $77.00 price target on shares of DineEquity in a research report on Friday, April 28th. ValuEngine lowered shares of DineEquity from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Nomura reiterated a “hold” rating and set a $55.00 price target on shares of DineEquity in a research report on Monday, April 17th. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. DineEquity has an average rating of “Buy” and an average price target of $61.97.

In other DineEquity news, Director Stephen P. Joyce acquired 2,265 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was bought at an average price of $44.07 per share, with a total value of $99,818.55. Following the purchase, the director now owns 5,488 shares of the company’s stock, valued at $241,856.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.15% of the stock is currently owned by corporate insiders.

DineEquity Company Profile

DineEquity, Inc, through its subsidiaries, owns and franchises the Applebee’s Neighborhood Grill & Bar (Applebee’s) concept in the bar and grill segment within the casual dining category of the restaurant industry, and owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry.

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Institutional Ownership by Quarter for DineEquity (NYSE:DIN)

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