The stock last traded at $45.75 which is slightly above $42.27, the 50 day moving average and which is just over the 200 day moving average of $45.03. The 50 day moving average was up $3.48 or +8.24% and the 200 day average went up by +1.59%. Trading was light with 3,489 shares changing hands by the end of trading on Tuesday. Overall, volume was down 98.00% under the stocks normal daily volume.
Investors are a little more bullish on shares of the company if you take a look at the motion in short interest. The company realized a fall in short interest of -1.44% between September 15, 2017 and September 29, 2017. Short interest decreased from 3,028,814 to 2,985,079 over that period. The short-interest ratio increased to 11.0 and the percentage of shorted shares was 0.17% on September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (DIN). Nisa Investment Advisors, LLC divested its holdings by selling 2,400 shares a decrease of 6.2% as of 09/30/2017. Nisa Investment Advisors, LLC controls 36,360 shares valued at $1,563,000. The value of the position overall is down by 9.9%. Quadrant Capital Group LLC downsized its investment by shedding 7 shares a decrease of 13.2% in the quarter. Quadrant Capital Group LLC now holds 46 shares worth $1,000. The total value of its holdings decreased 50.0%.
Bank Of Montreal /can/ grew its ownership by buying 191 shares an increase of 102.1%. Bank Of Montreal /can/ claims 378 shares with a value of $16,000. The value of the position overall is up by 100.0%. As of the end of the quarter Skylands Capital, LLC had bought a total of 9,457 shares growing its holdings by 30.6%. The value of the investment in DIN went from $1,363,000 to $1,736,000 a change of 27.4% quarter to quarter.
On August 8 Maxim Group left the stock rating at “Buy” and lowered the price target to $55.00 from $94.00.
The company is down since yesterday’s close of 45.83. Additionally the company announced a dividend for shareholders payable on Friday the 12th of January 2018. The dividend payment will be $0.970 per share for the quarter which comes to $3.88 on an annualized basis. This dividend amount will represent a yield of $8.61. The ex-dividend date has been established as Friday the 15th of September 2017.
The company currently has a P/E ratio of 10.19 and the market value is 823.41M. In the latest earnings report the EPS was $4.49 and is estimated to be $4.38 for the current year with 17,998,000 shares outstanding. Next quarter’s EPS is forecasted at $0.95 and the next full year EPS is projected to be $4.54.
DineEquity, Inc., launched on May 7, 1976, 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. The Company operates through four segments: Franchise operations, Rental operations, Company restaurant operations and Financing operations. As of December 31, 2016, the Company had 3,749 restaurants..