BidaskClub upgraded shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) from a sell rating to a hold rating in a research report report published on Saturday.

A number of other research firms have also recently weighed in on DNKN. Argus upgraded Dunkin’ Brands Group from a hold rating to a buy rating and upped their price target for the stock from $58.84 to $68.00 in a report on Tuesday, June 6th. Mizuho assumed coverage on Dunkin’ Brands Group in a report on Thursday, June 8th. They issued a neutral rating and a $56.00 price target for the company. Barclays PLC upped their price target on Dunkin’ Brands Group from $62.00 to $65.00 and gave the stock an overweight rating in a report on Wednesday, May 31st. Bank of America Corporation restated a neutral rating and issued a $62.00 price target (up previously from $60.00) on shares of Dunkin’ Brands Group in a report on Tuesday, June 13th. Finally, Zacks Investment Research upgraded Dunkin’ Brands Group from a sell rating to a hold rating in a report on Friday, May 5th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $56.47.

Shares of Dunkin’ Brands Group (DNKN) traded down 2.89% during mid-day trading on Friday, reaching $53.34. 1,831,598 shares of the company traded hands. The firm’s 50 day moving average price is $54.64 and its 200-day moving average price is $54.85. The company has a market capitalization of $4.87 billion, a P/E ratio of 23.39 and a beta of 0.21. Dunkin’ Brands Group has a 52-week low of $44.83 and a 52-week high of $59.70.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.02. The firm had revenue of $218.50 million during the quarter, compared to analysts’ expectations of $220.77 million. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. Dunkin’ Brands Group’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 EPS. Equities analysts predict that Dunkin’ Brands Group will post $2.43 earnings per share for the current fiscal year.

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The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Monday, August 28th will be given a dividend of $0.3225 per share. This represents a $1.29 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, August 24th. Dunkin’ Brands Group’s dividend payout ratio is currently 56.33%.

In related news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the sale, the senior vice president now directly owns 33,000 shares of the company’s stock, valued at approximately $1,742,400. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

Several large investors have recently bought and sold shares of DNKN. US Bancorp DE raised its stake in Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after buying an additional 63 shares in the last quarter. Proficio Capital Partners LLC raised its stake in Dunkin’ Brands Group by 0.7% in the first quarter. Proficio Capital Partners LLC now owns 10,459 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 73 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares in the last quarter. Teacher Retirement System of Texas raised its stake in Dunkin’ Brands Group by 1.9% in the second quarter. Teacher Retirement System of Texas now owns 7,333 shares of the restaurant operator’s stock valued at $404,000 after buying an additional 134 shares in the last quarter. Finally, Creative Planning raised its stake in Dunkin’ Brands Group by 1.6% in the first quarter. Creative Planning now owns 8,954 shares of the restaurant operator’s stock valued at $490,000 after buying an additional 140 shares in the last quarter. 96.88% of the stock is currently owned by institutional investors and hedge funds.

Dunkin’ Brands Group Company Profile

Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company 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.

Analyst Recommendations for Dunkin` Brands Group (NASDAQ:DNKN)

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