Factorial Partners LLC Has $2.21 Million Stock Holdings in Dine Brands Global, Inc. $DIN

Factorial Partners LLC lifted its holdings in shares of Dine Brands Global, Inc. (NYSE:DIN) by 32.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,316 shares of the restaurant operator’s stock after buying an additional 22,000 shares during the period. Dine Brands Global comprises about 1.5% of Factorial Partners LLC’s portfolio, making the stock its 25th biggest holding. Factorial Partners LLC’s holdings in Dine Brands Global were worth $2,208,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DIN. Mountain Hill Investment Partners Corp. boosted its stake in Dine Brands Global by 33.3% in the second quarter. Mountain Hill Investment Partners Corp. now owns 2,000 shares of the restaurant operator’s stock valued at $49,000 after buying an additional 500 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Dine Brands Global by 10.6% during the third quarter. Nisa Investment Advisors LLC now owns 10,380 shares of the restaurant operator’s stock worth $262,000 after acquiring an additional 999 shares in the last quarter. AdvisorShares Investments LLC lifted its holdings in shares of Dine Brands Global by 36.7% in the second quarter. AdvisorShares Investments LLC now owns 4,474 shares of the restaurant operator’s stock worth $109,000 after acquiring an additional 1,200 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Dine Brands Global by 307.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,091 shares of the restaurant operator’s stock valued at $51,000 after purchasing an additional 1,578 shares in the last quarter. Finally, AlphaQuest LLC grew its holdings in shares of Dine Brands Global by 15.4% during the 2nd quarter. AlphaQuest LLC now owns 13,736 shares of the restaurant operator’s stock valued at $334,000 after purchasing an additional 1,834 shares during the last quarter. 92.83% of the stock is currently owned by institutional investors.

Dine Brands Global Trading Down 3.7%

Shares of DIN stock opened at $32.36 on Friday. Dine Brands Global, Inc. has a 1-year low of $18.63 and a 1-year high of $39.68. The stock has a market cap of $466.63 million, a price-to-earnings ratio of 14.45 and a beta of 0.97. The stock has a 50-day moving average of $34.66 and a 200-day moving average of $28.95.

Dine Brands Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Wednesday, March 18th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, March 18th. Dine Brands Global’s dividend payout ratio is currently 33.93%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DIN shares. Barclays increased their price objective on shares of Dine Brands Global from $26.00 to $40.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Zacks Research downgraded shares of Dine Brands Global from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dine Brands Global in a research note on Monday, December 29th. Mizuho boosted their price objective on Dine Brands Global from $28.00 to $34.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, UBS Group upped their target price on Dine Brands Global from $21.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Dine Brands Global presently has a consensus rating of “Hold” and a consensus price target of $31.29.

About Dine Brands Global

Dine Brands Global, Inc is a leading franchisor and operator of full‐service restaurants in the casual dining and breakfast segments. The company’s primary brands include IHOP®, known for its wide variety of breakfast offerings and pancakes, and Applebee’s Neighborhood Grill + Bar®, a casual dining concept featuring a range of American entrées, appetizers and cocktails. Through its franchise model, Dine Brands works with independent restaurant owners to develop, market and support both domestic and international locations.

The origins of Dine Brands Global date back to the founding of the International House of Pancakes (IHOP) in 1958 in California.