Denny's Corporation (DENN) : Geduld E E reduced its stake in Denny's Corporation by 66.67% during the most recent quarter end. The investment management company now holds a total of 25,000 shares of Denny's Corporation which is valued at $276,000 after selling 50,000 shares in Denny's Corporation , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Denny's Corporation makes up approximately 0.38% of Geduld E E’s portfolio.
Other Hedge Funds, Including , Los Angeles Capital Management Equity Research Inc reduced its stake in DENN by selling 59,250 shares or 29.99% in the most recent quarter. The Hedge Fund company now holds 138,310 shares of DENN which is valued at $1,526,942. Denny's Corporation makes up approx 0.01% of Los Angeles Capital Management Equity Research Inc’s portfolio.Gsa Capital Partners Llp boosted its stake in DENN in the latest quarter, The investment management firm added 22,325 additional shares and now holds a total of 115,878 shares of Denny's Corporation which is valued at $1,260,753. Denny's Corporation makes up approx 0.07% of Gsa Capital Partners Llp’s portfolio. Wedge Capital Management L L Pnc sold out all of its stake in DENN during the most recent quarter. The investment firm sold 21,800 shares of DENN which is valued $243,288.
Denny's Corporation opened for trading at $11.01 and hit $11.115 on the upside on Monday, eventually ending the session at $11.09, with a gain of 0.64% or 0.07 points. The heightened volatility saw the trading volume jump to 1,44,008 shares. Company has a market cap of $830 M.
On the company’s financial health, Denny's Corporation reported $0.13 EPS for the quarter, based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus estimate of $0.13. The company had revenue of $124.32 million for the quarter, compared to analysts expectations of $125.66 million. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.
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 1702 franchised licensed and the Company operated restaurants around the world including over 1596 restaurants in the United States and over 106 international locations. Approximately 1541 of Denny’s restaurants were franchised or licensed and over 161 were Company operated. It offers a variety of items for breakfast lunch dinner and late night dining. Denny’s Fit Fare menu helps its guests identify items suited to their dietary needs. Denny’s restaurants offer special items for children and seniors at reduced prices. It offers a selection of lunch and dinner items including burgers sandwiches salads and skillet entrees along with beverages appetizers and desserts.