Hancock Holding Co. grew its position in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 1,930.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 216,629 shares of the restaurant operator’s stock after acquiring an additional 205,960 shares during the period. Hancock Holding Co. owned about 0.24% of Dunkin’ Brands Group worth $11,941,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Schwab Charles Investment Management Inc. raised its stake in shares of Dunkin’ Brands Group by 8.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 350,129 shares of the restaurant operator’s stock valued at $19,146,000 after acquiring an additional 25,926 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Dunkin’ Brands Group by 40.1% during the second quarter. SG Americas Securities LLC now owns 31,254 shares of the restaurant operator’s stock valued at $1,723,000 after acquiring an additional 8,941 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Dunkin’ Brands Group by 0.3% during the second quarter. Bank of New York Mellon Corp now owns 1,172,993 shares of the restaurant operator’s stock valued at $64,656,000 after acquiring an additional 3,836 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Dunkin’ Brands Group by 82.0% during the second quarter. Victory Capital Management Inc. now owns 1,269,121 shares of the restaurant operator’s stock valued at $69,954,000 after acquiring an additional 571,831 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Dunkin’ Brands Group by 73.0% during the second quarter. Oppenheimer & Co. Inc. now owns 23,632 shares of the restaurant operator’s stock valued at $1,303,000 after acquiring an additional 9,974 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the transaction, the senior vice president now owns 33,000 shares in the company, valued at approximately $1,742,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.10% of the company’s stock.

Several equities analysts have recently commented on DNKN shares. Zacks Investment Research raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, July 17th. JMP Securities increased their price target on shares of Dunkin’ Brands Group from $59.00 to $62.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 6th. Cowen and Company reissued a “hold” rating and issued a $55.00 price target on shares of Dunkin’ Brands Group in a research note on Friday, September 1st. Bank of America Corporation reissued a “neutral” rating and issued a $62.00 price target (up from $60.00) on shares of Dunkin’ Brands Group in a research note on Tuesday, June 13th. Finally, BidaskClub downgraded shares of Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $57.95.

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Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) traded down 0.25% during midday trading on Monday, reaching $52.93. 48,968 shares of the company traded hands. Dunkin’ Brands Group, Inc. has a 1-year low of $46.55 and a 1-year high of $59.70. The company has a market capitalization of $4.78 billion, a PE ratio of 23.21 and a beta of 0.23. The company has a 50 day moving average price of $52.57 and a 200 day moving average price of $54.69.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 EPS for the quarter, topping the consensus estimate of $0.62 by $0.02. The firm had revenue of $218.50 million during 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%. Dunkin’ Brands Group’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. On average, analysts expect that Dunkin’ Brands Group, Inc. will post $2.43 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Monday, August 28th were paid a dividend of $0.3225 per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a $1.29 annualized dividend and a dividend yield of 2.43%. Dunkin’ Brands Group’s dividend payout ratio (DPR) is presently 56.33%.

Dunkin’ Brands Group 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.

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

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