Brown Advisory Inc. purchased a new position in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) in the second quarter, according to its most recent filing with the SEC. The firm purchased 3,005 shares of the restaurant operator’s stock, valued at approximately $208,000.

Other institutional investors have also modified their holdings of the company. Advisors Preferred LLC grew its holdings in Dunkin Brands Group by 797.1% during the 2nd quarter. Advisors Preferred LLC now owns 1,857 shares of the restaurant operator’s stock worth $128,000 after acquiring an additional 1,650 shares during the period. GAM Holding AG acquired a new stake in Dunkin Brands Group during the 2nd quarter worth about $200,000. CIBC Asset Management Inc acquired a new stake in Dunkin Brands Group during the 2nd quarter worth about $202,000. Delta Capital Management LLC bought a new position in shares of Dunkin Brands Group during the 2nd quarter worth about $214,000. Finally, Element Capital Management LLC bought a new position in shares of Dunkin Brands Group during the 1st quarter worth about $225,000. Hedge funds and other institutional investors own 99.27% of the company’s stock.

In related news, insider John L. Clare sold 27,863 shares of the firm’s stock in a transaction dated Friday, July 27th. The shares were sold at an average price of $69.67, for a total value of $1,941,215.21. Following the transaction, the insider now owns 47,510 shares of the company’s stock, valued at approximately $3,310,021.70. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Katherine D. Jaspon sold 8,300 shares of the firm’s stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $70.92, for a total transaction of $588,636.00. Following the completion of the transaction, the chief financial officer now directly owns 10,715 shares in the company, valued at approximately $759,907.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 739,693 shares of company stock worth $51,896,387. 3.00% of the stock is owned by insiders.

A number of research firms have recently issued reports on DNKN. Zacks Investment Research raised shares of Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Wednesday, June 27th. BMO Capital Markets increased their price objective on shares of Dunkin Brands Group from $69.00 to $78.00 and gave the stock an “outperform” rating in a research report on Friday, July 27th. Piper Jaffray Companies reissued a “neutral” rating and set a $70.00 price objective (up previously from $62.00) on shares of Dunkin Brands Group in a research report on Tuesday, June 26th. Citigroup increased their price objective on shares of Dunkin Brands Group from $74.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 19th. Finally, ValuEngine cut shares of Dunkin Brands Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 29th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $67.50.

Shares of NASDAQ DNKN opened at $74.27 on Friday. Dunkin Brands Group Inc has a fifty-two week low of $51.35 and a fifty-two week high of $77.13. The stock has a market capitalization of $6.38 billion, a P/E ratio of 30.56, a price-to-earnings-growth ratio of 2.25 and a beta of 0.36. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of -3.72.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings results on Thursday, July 26th. The restaurant operator reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Dunkin Brands Group had a net margin of 32.48% and a negative return on equity of 50.62%. The business had revenue of $350.64 million for the quarter, compared to analysts’ expectations of $343.38 million. During the same quarter last year, the firm earned $0.64 EPS. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. sell-side analysts expect that Dunkin Brands Group Inc will post 2.72 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 5th. Investors of record on Monday, August 27th were given a $0.3475 dividend. The ex-dividend date was Friday, August 24th. This represents a $1.39 annualized dividend and a yield of 1.87%. Dunkin Brands Group’s payout ratio is 57.20%.

Dunkin Brands Group Profile

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.

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

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