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Denny's (DENN) Touches $16.14 High on Apr, 13; Serengeti Asset Management LP Lifted Amc Entmt Hldgs (AMC) Stake

AMC Entertainment Holdings, Inc. (NYSE:AMC) Logo

Serengeti Asset Management Lp increased Amc Entmt Hldgs Inc (AMC) stake by 25% reported in 2017Q4 SEC filing. Serengeti Asset Management Lp acquired 50,000 shares as Amc Entmt Hldgs Inc (AMC)’s stock declined 8.72%. The Serengeti Asset Management Lp holds 250,000 shares with $3.78M value, up from 200,000 last quarter. Amc Entmt Hldgs Inc now has $2.15B valuation. The stock increased 2.12% or $0.35 during the last trading session, reaching $16.85. About 305,626 shares traded. AMC Entertainment Holdings, Inc. (NYSE:AMC) has declined 55.84% since April 13, 2017 and is downtrending. It has underperformed by 67.39% the S&P500.

The stock of Denny's Corporation (NASDAQ:DENN) reached all time high today, Apr, 13 and still has $16.79 target or 4.00% above today’s $16.14 share price. This indicates more upside for the $1.04B company. This technical setup was reported by Barchart.com. If the $16.79 PT is reached, the company will be worth $41.48M more. The stock decreased 0.37% or $0.06 during the last trading session, reaching $16.14. About 43,021 shares traded. Denny's Corporation (NASDAQ:DENN) has risen 27.85% since April 13, 2017 and is uptrending. It has outperformed by 16.30% the S&P500.

Serengeti Asset Management Lp decreased Adecoagro S A (NYSE:AGRO) stake by 150,000 shares to 350,000 valued at $3.62M in 2017Q4. It also reduced Ishares Tr (Put) (HYG) stake by 100,000 shares and now owns 600,000 shares. Red Rock Resorts Inc was reduced too.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.41, from 1.32 in 2017Q3. It fall, as 31 investors sold AMC shares while 50 reduced holdings. 30 funds opened positions while 44 raised stakes. 52.03 million shares or 7.10% less from 56.01 million shares in 2017Q3 were reported. Jefferies Grp Incorporated Limited Liability, a New York-based fund reported 76,600 shares. 1.93M were reported by Dimensional Fund Advsrs L P. Alliancebernstein Ltd Partnership holds 0% of its portfolio in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 87,348 shares. Old Bancorp In reported 16,853 shares. Sg Americas Securities Ltd Liability Company holds 0.01% of its portfolio in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 71,990 shares. Gw Henssler Assocs Ltd stated it has 16,664 shares. Swiss Financial Bank holds 85,641 shares or 0% of its portfolio. Ontario – Canada-based Sentry Corporation has invested 0.01% in AMC Entertainment Holdings, Inc. (NYSE:AMC). Guggenheim Ltd Company invested 0% in AMC Entertainment Holdings, Inc. (NYSE:AMC). Serengeti Asset Management L P, New York-based fund reported 250,000 shares. Vanguard Gru accumulated 0% or 3.88M shares. Moreover, Stoneridge Invest Prns Lc has 0.06% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC). Moreover, Icm Asset Mngmt Wa has 0.85% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC). 400,000 are owned by Balyasny Asset Mgmt Limited Liability. 1492 Capital Mngmt Limited Co has 0.63% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 53,456 shares.

Among 17 analysts covering AMC Entertainment (NYSE:AMC), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. AMC Entertainment had 65 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, March 2 by RBC Capital Markets. RBC Capital Markets upgraded AMC Entertainment Holdings, Inc. (NYSE:AMC) rating on Tuesday, January 26. RBC Capital Markets has “Outperform” rating and $27 target. Benchmark maintained the shares of AMC in report on Wednesday, December 21 with “Buy” rating. The firm earned “Buy” rating on Tuesday, November 8 by Stifel Nicolaus. As per Monday, August 7, the company rating was maintained by B. Riley & Co. Benchmark maintained the stock with “Buy” rating in Thursday, December 1 report. The firm has “Hold” rating given on Thursday, August 3 by Benchmark. Wedbush maintained AMC Entertainment Holdings, Inc. (NYSE:AMC) rating on Wednesday, April 12. Wedbush has “Outperform” rating and $40 target. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Wednesday, January 10. The rating was maintained by RBC Capital Markets on Tuesday, August 8 with “Outperform”.

Among 4 analysts covering Denny’s Co. (NASDAQ:DENN), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Denny’s Co. had 14 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Saturday, August 29 by Wedbush. The rating was maintained by Longbow with “Positive” on Friday, August 21. As per Wednesday, August 2, the company rating was maintained by Wedbush. The stock has “Positive” rating by Longbow on Monday, August 24. On Tuesday, August 4 the stock rating was downgraded by Zacks to “Buy”. Nomura initiated Denny's Corporation (NASDAQ:DENN) on Wednesday, April 20 with “Neutral” rating. The stock has “Outperform” rating by Wedbush on Tuesday, May 3. The firm earned “Buy” rating on Wednesday, February 14 by Stephens. The company was maintained on Friday, August 11 by Wedbush. On Tuesday, January 12 the stock rating was maintained by Stephens with “Equal-Weight”.

Since December 13, 2017, it had 0 insider purchases, and 13 sales for $5.36 million activity. Shares for $201,575 were sold by WOLFINGER F MARK. Verostek Robert P. had sold 7,548 shares worth $115,484. MILLER JOHN C also sold $1.17 million worth of Denny's Corporation (NASDAQ:DENN) on Wednesday, February 28. Bode Christopher D also sold $234,764 worth of Denny's Corporation (NASDAQ:DENN) shares. The insider Dillon John William sold 14,000 shares worth $224,420. 31,606 shares were sold by Flemming Timothy E., worth $505,733 on Friday, March 9.

Analysts await Denny's Corporation (NASDAQ:DENN) to report earnings on May, 1. They expect $0.10 earnings per share, down 16.67% or $0.02 from last year’s $0.12 per share. DENN’s profit will be $6.43M for 40.35 P/E if the $0.10 EPS becomes a reality. After $0.18 actual earnings per share reported by Denny's Corporation for the previous quarter, Wall Street now forecasts -44.44% negative EPS growth.

Denny??s Corporation, through its subsidiary, Denny??s, Inc., owns and operates full-service restaurant chains under the Denny??s brand. The company has market cap of $1.04 billion. As of June 28, 2017, it operated 1,724 franchised, licensed, and firm operated restaurants worldwide, including 125 restaurants in Canada, Puerto Rico, Mexico, New Zealand, Honduras, Costa Rica, Dominican Republic, the United Arab Emirates, the Philippines, Guam, Cura??ao ,and El Salvador. It has a 28.82 P/E ratio. The firm was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny??s Corporation in 2002.

Investors sentiment increased to 1.12 in Q4 2017. Its up 0.33, from 0.79 in 2017Q3. It improved, as 9 investors sold Denny's Corporation shares while 43 reduced holdings. 22 funds opened positions while 36 raised stakes. 55.96 million shares or 1.79% less from 56.98 million shares in 2017Q3 were reported. Tudor Invest Corp Et Al reported 0.01% stake. 91,660 were reported by Invesco Ltd. Goldman Sachs Grp stated it has 0% in Denny's Corporation (NASDAQ:DENN). Tiaa Cref Investment Mngmt Ltd Limited Liability Company owns 224,797 shares. American Century Cos holds 0% or 91,187 shares in its portfolio. Moreover, Qs Investors Ltd Liability has 0.01% invested in Denny's Corporation (NASDAQ:DENN). Northern Tru Corporation owns 0% invested in Denny's Corporation (NASDAQ:DENN) for 823,388 shares. Financial Bank Of America De reported 0% in Denny's Corporation (NASDAQ:DENN). Td Asset Mngmt invested in 0% or 137,300 shares. Rice Hall James & Assocs Limited Liability accumulated 16,248 shares. Fmr Limited Co holds 0% or 1.30 million shares in its portfolio. Raymond James And Associate reported 10,928 shares or 0% of all its holdings. 67,800 were reported by State Common Retirement Fund. California State Teachers Retirement Sys accumulated 102,932 shares or 0% of the stock. Martingale Asset Limited Partnership reported 0.05% in Denny's Corporation (NASDAQ:DENN).

Denny's Corporation (NASDAQ:DENN) Institutional Positions Chart

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