Denny’s Corporation (DENN) Shares Bought by Chartwell Investment Partners LLC, Report finds

Denny’s Corporation (DENN) Shares Bought by Chartwell Investment Partners LLC, Report finds

Chartwell Investment Partners LLC increased its position in shares of Denny’s Corporation (NASDAQ:DENN) by 9.9% during the third quarter, Holdings Channel reports. The firm owned 1,322,824 shares of the company’s stock after buying an additional 119,399 shares during the period. Chartwell Investment Partners LLC owned approximately 1.80% of Denny’s Corporation worth $14,141,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of Denny’s Corporation by 8.6% in the second quarter. Royal Bank of Canada now owns 9,341 shares of the company’s stock worth $100,000 after buying an additional 737 shares during the period. Airain ltd bought a new stake in shares of Denny’s Corporation during the second quarter worth $111,000. Teacher Retirement System of Texas raised its stake in shares of Denny’s Corporation by 11.4% in the second quarter. Teacher Retirement System of Texas now owns 11,035 shares of the company’s stock worth $118,000 after buying an additional 1,126 shares during the period. Rice Hall James & Associates LLC raised its stake in shares of Denny’s Corporation by 1.1% in the third quarter. Rice Hall James & Associates LLC now owns 12,831 shares of the company’s stock worth $137,000 after buying an additional 143 shares during the period. Finally, Aperio Group LLC raised its stake in shares of Denny’s Corporation by 2.7% in the third quarter. Aperio Group LLC now owns 17,353 shares of the company’s stock worth $186,000 after buying an additional 450 shares during the period. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Denny’s Corporation (NASDAQ:DENN) traded up 0.25% on Wednesday, reaching $12.07. 260,826 shares of the company were exchanged. Denny’s Corporation has a 52 week low of $9.00 and a 52 week high of $13.16. The stock has a market capitalization of $885.53 million, a price-to-earnings ratio of 60.05 and a beta of 0.45. The stock has a 50-day moving average price of $12.45 and a 200 day moving average price of $11.47.

A number of equities research analysts have recently weighed in on the stock. Wedbush reissued an “outperform” rating and set a $14.00 price objective on shares of Denny’s Corporation in a report on Saturday, January 7th. Zacks Investment Research lowered shares of Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Monday, January 16th.

In other news, Director Debra Smithart-Oglesby sold 99,000 shares of the firm’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $11.90, for a total value of $1,178,100.00. Following the completion of the sale, the director now owns 86,950 shares in the company, valued at approximately $1,034,705. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP F Mark Wolfinger sold 42,100 shares of the firm’s stock in a transaction on Friday, November 11th. The stock was sold at an average price of $12.28, for a total transaction of $516,988.00. Following the completion of the sale, the executive vice president now owns 661,951 shares of the company’s stock, valued at approximately $8,128,758.28. The disclosure for this sale can be found here. Insiders have sold a total of 171,250 shares of company stock worth $2,069,010 over the last three months. 4.70% of the stock is currently owned by insiders.

About Denny’s Corporation

Denny’s Corporation (Denny’s) is a franchised service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. The Denny’s brand consists of approximately 1,710 franchised, licensed and company operated restaurants around the world, including over 1,600 restaurants in the United States and over 110 international locations.

Want to see what other hedge funds are holding DENN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Denny’s Corporation (NASDAQ:DENN).

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Denny’s Corporation (DENN) Shares Bought by Chartwell Investment Partners LLC

Denny’s Corporation (DENN) Shares Bought by Chartwell Investment Partners LLC

Chartwell Investment Partners LLC increased its position in shares of Denny’s Corporation (NASDAQ:DENN) by 9.9% during the third quarter, Holdings Channel reports. The firm owned 1,322,824 shares of the company’s stock after buying an additional 119,399 shares during the period. Chartwell Investment Partners LLC owned approximately 1.80% of Denny’s Corporation worth $14,141,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of Denny’s Corporation by 8.6% in the second quarter. Royal Bank of Canada now owns 9,341 shares of the company’s stock worth $100,000 after buying an additional 737 shares during the period. Airain ltd bought a new stake in shares of Denny’s Corporation during the second quarter worth $111,000. Teacher Retirement System of Texas raised its stake in shares of Denny’s Corporation by 11.4% in the second quarter. Teacher Retirement System of Texas now owns 11,035 shares of the company’s stock worth $118,000 after buying an additional 1,126 shares during the period. Rice Hall James & Associates LLC raised its stake in shares of Denny’s Corporation by 1.1% in the third quarter. Rice Hall James & Associates LLC now owns 12,831 shares of the company’s stock worth $137,000 after buying an additional 143 shares during the period. Finally, Aperio Group LLC raised its stake in shares of Denny’s Corporation by 2.7% in the third quarter. Aperio Group LLC now owns 17,353 shares of the company’s stock worth $186,000 after buying an additional 450 shares during the period. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Denny’s Corporation (NASDAQ:DENN) traded up 0.25% on Wednesday, reaching $12.07. 260,826 shares of the company were exchanged. Denny’s Corporation has a 52 week low of $9.00 and a 52 week high of $13.16. The stock has a market capitalization of $885.53 million, a price-to-earnings ratio of 60.05 and a beta of 0.45. The stock has a 50-day moving average price of $12.45 and a 200 day moving average price of $11.47.

A number of equities research analysts have recently weighed in on the stock. Wedbush reissued an “outperform” rating and set a $14.00 price objective on shares of Denny’s Corporation in a report on Saturday, January 7th. Zacks Investment Research lowered shares of Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Monday, January 16th.

In other news, Director Debra Smithart-Oglesby sold 99,000 shares of the firm’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $11.90, for a total value of $1,178,100.00. Following the completion of the sale, the director now owns 86,950 shares in the company, valued at approximately $1,034,705. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP F Mark Wolfinger sold 42,100 shares of the firm’s stock in a transaction on Friday, November 11th. The stock was sold at an average price of $12.28, for a total transaction of $516,988.00. Following the completion of the sale, the executive vice president now owns 661,951 shares of the company’s stock, valued at approximately $8,128,758.28. The disclosure for this sale can be found here. Insiders have sold a total of 171,250 shares of company stock worth $2,069,010 over the last three months. 4.70% of the stock is currently owned by insiders.

About Denny’s Corporation

Denny’s Corporation (Denny’s) is a franchised service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. The Denny’s brand consists of approximately 1,710 franchised, licensed and company operated restaurants around the world, including over 1,600 restaurants in the United States and over 110 international locations.

Want to see what other hedge funds are holding DENN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Denny’s Corporation (NASDAQ:DENN).

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