Thomas White International LTD Has Trimmed Simon Property Group (SPG) Position By $494,270; Dennys (DENN)’s Sentiment Is 0.79

February 21, 2018 - By Marguerite Chambers

DennyÂ’s Corporation, through its subsidiary, DennyÂ’s, Inc., owns and operates full-service restaurant chains under the DennyÂ’s brand. The company has market cap of $979.90 million. As of December 28, 2016, it operated 1,733 franchised, licensed, and firm operated restaurants in the United States, Canada, Puerto Rico, New Zealand, Mexico, Costa Rica, Dominican Republic, Honduras, Guam, the United Arab Emirates, Curacao N.V., El Salvador, the Philippines, and Trinidad. It has a 26.8 P/E ratio. The firm was formerly known as Advantica Restaurant Group, Inc. and changed its name to DennyÂ’s Corporation in 2002.

Thomas White International Ltd decreased Simon Property Group Inc (SPG) stake by 51.34% reported in 2017Q3 SEC filing. Thomas White International Ltd sold 3,070 shares as Simon Property Group Inc (SPG)’s stock declined 12.82%. The Thomas White International Ltd holds 2,910 shares with $469,000 value, down from 5,980 last quarter. Simon Property Group Inc now has $55.12 billion valuation. The stock decreased 1.05% or $1.633 during the last trading session, reaching $153.956. About 678,530 shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 18.56% since February 21, 2017 and is downtrending. It has underperformed by 35.26% the S&P500.

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 $6.53 million for 37.53 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.

Avenir Corp holds 7.36% of its portfolio in Denny's Corporation for 6.88 million shares. Beddow Capital Management Inc owns 353,680 shares or 1.69% of their US portfolio. Moreover, Wilen Investment Management Corp. has 0.67% invested in the company for 92,000 shares. The Illinois-based North Star Investment Management Corp. has invested 0.33% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 54,886 shares.

Since January 1, 0001, it had 0 insider purchases, and 3 selling transactions for $396,761 activity.

The stock increased 1.28% or $0.19 during the last trading session, reaching $15.01. About 137,989 shares traded. Denny's Corporation (DENN) has risen 9.81% since February 21, 2017 and is uptrending. It has underperformed by 6.89% the S&P500.

Among 19 analysts covering Simon Property Group (NYSE:SPG), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Simon Property Group had 65 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Outperform” rating by RBC Capital Markets on Tuesday, July 28. The rating was maintained by Jefferies with “Buy” on Wednesday, August 23. Jefferies maintained the shares of SPG in report on Monday, July 24 with “Buy” rating. Stifel Nicolaus maintained Simon Property Group, Inc. (NYSE:SPG) rating on Friday, July 14. Stifel Nicolaus has “Hold” rating and $170 target. The rating was maintained by Citigroup with “Buy” on Friday, April 1. As per Friday, January 20, the company rating was downgraded by SunTrust. The stock has “Buy” rating by Mizuho on Sunday, October 29. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Argus Research on Tuesday, August 22. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Jefferies on Friday, June 16. Argus Research maintained Simon Property Group, Inc. (NYSE:SPG) rating on Tuesday, October 31. Argus Research has “Buy” rating and $195 target.

Investors sentiment increased to 0.98 in 2017 Q3. Its up 0.22, from 0.76 in 2017Q2. It increased, as 57 investors sold SPG shares while 202 reduced holdings. 61 funds opened positions while 194 raised stakes. 297.03 million shares or 0.55% less from 298.66 million shares in 2017Q2 were reported. Great Lakes Advisors Ltd stated it has 0.06% in Simon Property Group, Inc. (NYSE:SPG). Voloridge Invest Management Limited Liability Com holds 0.56% in Simon Property Group, Inc. (NYSE:SPG) or 155,088 shares. Cornercap Investment Counsel Inc owns 0.13% invested in Simon Property Group, Inc. (NYSE:SPG) for 5,680 shares. 503 are owned by Reilly Financial Advsrs Ltd Liability. Omers Administration accumulated 889,871 shares or 1.64% of the stock. Employees Retirement Association Of Colorado, Colorado-based fund reported 55,121 shares. New York-based Laurion Ltd Partnership has invested 0% in Simon Property Group, Inc. (NYSE:SPG). Thomas White Int Limited, Illinois-based fund reported 2,910 shares. Nippon Life Glob Americas Inc reported 1.49% stake. Moreover, Btc Mgmt has 0.93% invested in Simon Property Group, Inc. (NYSE:SPG). Moreover, Natl Asset Incorporated has 0.07% invested in Simon Property Group, Inc. (NYSE:SPG). 1.12M are held by Sumitomo Mitsui Holding Inc. Alyeska Inv Gp LP holds 0.02% in Simon Property Group, Inc. (NYSE:SPG) or 11,576 shares. Pictet Asset Mgmt Limited stated it has 211,617 shares or 0.1% of all its holdings. Edgar Lomax Communications Va has 0.55% invested in Simon Property Group, Inc. (NYSE:SPG) for 48,765 shares.

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By1 Marguerite Chambers

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