Stratos Wealth Partners LTD. increased its stake in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 6.9% during the second quarter, Holdings Channel reports. The fund owned 4,927 shares of the restaurant operator’s stock after buying an additional 319 shares during the period. Stratos Wealth Partners LTD.’s holdings in Dunkin’ Brands Group were worth $272,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. increased its position in Dunkin’ Brands Group by 13,874.6% in the first quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator’s stock valued at $392,023,000 after buying an additional 7,118,061 shares during the last quarter. Janus Capital Management LLC increased its position in Dunkin’ Brands Group by 8.4% in the first quarter. Janus Capital Management LLC now owns 9,701,300 shares of the restaurant operator’s stock valued at $530,467,000 after buying an additional 754,740 shares during the last quarter. Westfield Capital Management Co. LP bought a new position in Dunkin’ Brands Group during the first quarter valued at about $31,773,000. JPMorgan Chase & Co. increased its position in Dunkin’ Brands Group by 683.5% in the first quarter. JPMorgan Chase & Co. now owns 656,641 shares of the restaurant operator’s stock valued at $35,905,000 after buying an additional 572,837 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in Dunkin’ Brands Group during the first quarter valued at about $30,654,000. 96.88% of the stock is currently owned by institutional investors and hedge funds.

Shares of Dunkin’ Brands Group, Inc. (DNKN) opened at 52.74 on Friday. The company’s 50-day moving average is $54.01 and its 200 day moving average is $54.88. Dunkin’ Brands Group, Inc. has a 52-week low of $46.55 and a 52-week high of $59.70. The firm has a market capitalization of $4.76 billion, a PE ratio of 23.13 and a beta of 0.21.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Monday, August 28th will be issued a $0.3225 dividend. The ex-dividend date is Thursday, August 24th. This represents a $1.29 dividend on an annualized basis and a yield of 2.45%. Dunkin’ Brands Group’s dividend payout ratio (DPR) is 56.33%.

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Several equities analysts have issued reports on DNKN shares. Bank of America Corporation reaffirmed a “neutral” rating and set a $62.00 price objective (up from $60.00) on shares of Dunkin’ Brands Group in a report on Tuesday, June 13th. BMO Capital Markets raised their price target on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the stock a “market perform” rating in a research note on Friday, May 5th. Zacks Investment Research raised shares of Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. Royal Bank Of Canada raised shares of Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $54.00 to $64.00 in a research note on Monday, May 1st. Finally, Maxim Group raised their price target on shares of Dunkin’ Brands Group from $61.00 to $64.00 and gave the stock a “buy” rating in a research note on Monday, May 1st. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Dunkin’ Brands Group currently has an average rating of “Hold” and an average price target of $56.47.

In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total value of $1,742,400.00. Following the transaction, the senior vice president now directly owns 33,000 shares in the company, valued at approximately $1,742,400. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by corporate insiders.

About Dunkin’ Brands Group

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.

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Institutional Ownership by Quarter for Dunkin` Brands Group (NASDAQ:DNKN)

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