06/13/2017 - Dunkin Brands Group, Inc. had its "neutral" rating reiterated by analysts at Bank of America Merrill Lynch.
Several other large investors also recently made changes to their positions in the stock. Janus Capital Management LLC grew its holdings in Dunkin' Brands Group by 8.4% during the 1st quarter. State Treasurer State of MI raised its holdings in shares of Dunkin' Brands Group by 1.4% during the 1st quarter. State Treasurer State of MI now owns 37,400 shares of the restaurant operator's stock worth $2,045,000 after acquiring an additional 500 shares in the last quarter. Advisors Capital Management LLC now owns 176,234 shares of the restaurant operator's stock valued at $9,714,000 after purchasing an additional 12,274 shares during the period. FNY Partners Fund LP grew its position in Dunkin' Brands Group by 13,233.3% in the 2nd quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator's stock worth $392,023,000 after acquiring an additional 7,118,061 shares during the last quarter. Finally, Prudential Financial Inc. boosted its stake in shares of Dunkin' Brands Group by 586.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator's stock worth $167,000 after purchasing an additional 109 shares during the last quarter.
DNKN has been the subject of a number of research analyst reports. Avalon Advsrs Ltd Liability Com has 0.06% invested in Dunkin Brands Group Inc (NASDAQ:DNKN). Argus raised shares of Dunkin' Brands Group from a "hold" rating to a "buy" rating and increased their target price for the company from $58.84 to $68.00 in a report on Tuesday, June 6th. Jefferies maintained Dunkin Brands Group Inc (NASDAQ:DNKN) rating on Wednesday, June 21. Stephens reissued an "equal weight" rating and set a $54.00 price objective on shares of Dunkin' Brands Group in a report on Wednesday, July 26th.
Among 27 analysts covering Dunkin Brands (NASDAQ:DNKN), 13 have Buy rating, 3 Sell and 11 Hold. (NASDAQ:CHKP), 9 have Buy rating, 1 Sell and 18 Hold. Dunkin' Brands Group's payout ratio is presently 56.33%.
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In related news, SVP Karen Raskopf sold 33,000 shares of the business's stock in a transaction that occurred on Wednesday, August 2nd. Following the completion of the transaction, the senior vice president now owns 33,000 shares of the company's stock, valued at $1,742,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. State Farm Mutual Automobile Insurance Company acquired 692,010 shares as Unilever N V (UN)'s stock rose 12.65%. Dunkin Brands Group, Inc. has a 52-week low of 46.55 and a 52-week high of 59.70. (DNKN) opened at 51.99 on Wednesday. The company has a 50 day moving average of $52.71 and a 200-day moving average of $54.81. The company has a market cap of $5.08 billion and a P/E ratio of 26.17.
03/29/2017 - Dunkin Brands Group, Inc. was downgraded to "sell" by analysts at Goldman Sachs.
Dunkin' Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, July 27th. The restaurant operator reported $0.64 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.62 by $0.02. The company had revenue of $218.50 million during the quarter, compared to the consensus estimate of $220.77 million. Dunkin' Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. The State Farm Mutual Automobile Insurance Company holds 8.53M shares with $350.12 million value, up from 7.84 million last quarter. During the same period in the previous year, the firm posted $0.57 earnings per share.
Robert Pohly increased its stake in Dunkin Brands Group Inc (DNKN) by 104.79% based on its latest 2016Q4 regulatory filing with the SEC.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Monday, August 28th were paid a $0.3225 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Thursday, August 24th.
Dunkin' Brands Group, Inc.is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Firm franchises restaurants under its Dunkin' Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin' Donuts-U.S., Dunkin' Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. It is positive, as 31 investors sold DNKN shares while 94 reduced holdings.