Denny’s Corporation (NASDAQ:DENN) EVP F Mark Wolfinger sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $13.07, for a total value of $130,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

F Mark Wolfinger also recently made the following trade(s):

  • On Friday, November 17th, F Mark Wolfinger sold 10,000 shares of Denny’s stock. The shares were sold at an average price of $12.57, for a total value of $125,700.00.

Shares of Denny’s Corporation (NASDAQ:DENN) traded down $0.17 during midday trading on Friday, hitting $13.38. The stock had a trading volume of 281,388 shares, compared to its average volume of 302,985. The company has a market cap of $873.48, a PE ratio of 23.77 and a beta of 0.57. The company has a debt-to-equity ratio of -2.95, a current ratio of 0.40 and a quick ratio of 0.36. Denny’s Corporation has a 12 month low of $10.87 and a 12 month high of $14.25.

Denny’s (NASDAQ:DENN) last posted its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. Denny’s had a negative return on equity of 52.30% and a net margin of 7.21%. The business had revenue of $132.38 million during the quarter, compared to analysts’ expectations of $133.58 million. During the same quarter last year, the company posted $0.13 earnings per share. Denny’s’s quarterly revenue was up 3.1% on a year-over-year basis. sell-side analysts anticipate that Denny’s Corporation will post 0.55 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the stock. Rice Hall James & Associates LLC grew its holdings in Denny’s by 1.0% during the second quarter. Rice Hall James & Associates LLC now owns 16,066 shares of the restaurant operator’s stock worth $189,000 after purchasing an additional 161 shares during the period. Aperio Group LLC grew its holdings in Denny’s by 5.1% during the second quarter. Aperio Group LLC now owns 26,741 shares of the restaurant operator’s stock worth $315,000 after purchasing an additional 1,298 shares during the period. Voya Investment Management LLC grew its holdings in Denny’s by 5.6% during the second quarter. Voya Investment Management LLC now owns 46,184 shares of the restaurant operator’s stock worth $544,000 after purchasing an additional 2,460 shares during the period. BW Gestao de Investimentos Ltda. grew its holdings in Denny’s by 7.1% during the second quarter. BW Gestao de Investimentos Ltda. now owns 41,721 shares of the restaurant operator’s stock worth $491,000 after purchasing an additional 2,750 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Denny’s by 68.3% during the second quarter. PNC Financial Services Group Inc. now owns 9,957 shares of the restaurant operator’s stock worth $116,000 after purchasing an additional 4,041 shares during the period. Institutional investors and hedge funds own 91.53% of the company’s stock.

DENN has been the subject of several analyst reports. BidaskClub cut Denny’s from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th. Zacks Investment Research upgraded Denny’s from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Wedbush restated an “outperform” rating on shares of Denny’s in a report on Tuesday, August 8th. Finally, TheStreet upgraded Denny’s from a “c+” rating to a “b-” rating in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $12.67.

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Denny’s Company Profile

Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.

Insider Buying and Selling by Quarter for Denny`s (NASDAQ:DENN)

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