Sei Investments Co. grew its stake in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 1.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 457,952 shares of the restaurant operator’s stock after purchasing an additional 5,080 shares during the period. Sei Investments Co. owned about 0.51% of Dunkin’ Brands Group worth $24,308,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. IHT Wealth Management LLC bought a new stake in Dunkin’ Brands Group during the 2nd quarter worth approximately $104,000. Russell Investments Group Ltd. grew its holdings in shares of 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 acquiring an additional 109 shares in the last quarter. L & S Advisors Inc grew its holdings in shares of Dunkin’ Brands Group by 1.7% in the second quarter. L & S Advisors Inc now owns 7,765 shares of the restaurant operator’s stock valued at $428,000 after acquiring an additional 130 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of 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 acquiring an additional 134 shares in the last quarter. Finally, Commerce Bank grew its holdings in shares of Dunkin’ Brands Group by 2.6% in the second quarter. Commerce Bank now owns 5,364 shares of the restaurant operator’s stock valued at $295,000 after acquiring an additional 135 shares in the last quarter. 92.04% of the stock is owned by hedge funds and other institutional investors.

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Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) traded up $0.14 during trading hours on Monday, hitting $56.54. The company’s stock had a trading volume of 813,400 shares, compared to its average volume of 1,311,351. The stock has a market capitalization of $5,106.86, a P/E ratio of 23.27, a P/E/G ratio of 1.76 and a beta of 0.30. Dunkin’ Brands Group, Inc. has a 12-month low of $48.53 and a 12-month high of $60.66. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of -13.82.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, October 26th. The restaurant operator reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.02). The company had revenue of $224.20 million for the quarter, compared to analysts’ expectations of $214.60 million. Dunkin’ Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 EPS. equities analysts forecast that Dunkin’ Brands Group, Inc. will post 2.42 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Monday, November 27th will be given a dividend of $0.322 per share. The ex-dividend date is Friday, November 24th. This represents a $1.29 annualized dividend and a dividend yield of 2.28%. Dunkin’ Brands Group’s dividend payout ratio is currently 56.33%.

Dunkin’ Brands Group announced that its board has initiated a stock repurchase program on Thursday, October 26th that authorizes the company to buyback $650.00 million in outstanding shares. This buyback authorization authorizes the restaurant operator to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

DNKN has been the subject of several recent analyst reports. Cowen and Company reaffirmed a “hold” rating and issued a $55.00 target price on shares of Dunkin’ Brands Group in a report on Friday, September 1st. JMP Securities upped their target price on Dunkin’ Brands Group from $59.00 to $62.00 and gave the company an “outperform” rating in a report on Wednesday, September 6th. BidaskClub raised Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Zacks Investment Research raised Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Monday, July 17th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $64.00 target price on shares of Dunkin’ Brands Group in a report on Friday, July 21st. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $58.58.

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.

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

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