Gordon Haskett initiated coverage on shares of Dunkin Brands Group (NASDAQ:DNKN) in a report published on Thursday, Marketbeat Ratings reports. The brokerage issued a hold rating on the restaurant operator’s stock.

Other equities analysts have also recently issued research reports about the stock. Royal Bank of Canada reaffirmed a buy rating and issued a $75.00 price target on shares of Dunkin Brands Group in a research report on Friday, July 27th. TheStreet raised shares of Dunkin Brands Group from a c+ rating to a b rating in a research report on Friday, July 27th. BMO Capital Markets raised their price target on shares of Dunkin Brands Group from $69.00 to $78.00 and gave the company an outperform rating in a research report on Friday, July 27th. Robert W. Baird reaffirmed a buy rating and issued a $80.00 price target on shares of Dunkin Brands Group in a research report on Thursday, July 26th. Finally, Piper Jaffray Companies reaffirmed a neutral rating and issued a $70.00 price target (up previously from $62.00) on shares of Dunkin Brands Group in a research report on Tuesday, June 26th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of $68.68.

NASDAQ DNKN traded down $0.42 during trading hours on Thursday, hitting $73.17. The company’s stock had a trading volume of 27,485 shares, compared to its average volume of 775,461. Dunkin Brands Group has a 52 week low of $53.68 and a 52 week high of $77.13. The stock has a market cap of $6.23 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 2.19 and a beta of 0.35. The company has a debt-to-equity ratio of -3.72, a quick ratio of 1.53 and a current ratio of 1.53.

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. On average, sell-side analysts predict that Dunkin Brands Group will post 2.73 EPS for the current year.

In other news, SVP Jason Maceda sold 7,103 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $71.89, for a total transaction of $510,634.67. Following the completion of the sale, the senior vice president now owns 3,771 shares in the company, valued at approximately $271,097.19. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider John L. Clare sold 27,863 shares of the firm’s stock in a transaction that occurred on Friday, July 27th. The stock was sold at an average price of $69.67, for a total transaction of $1,941,215.21. Following the sale, the insider now owns 47,510 shares of the company’s stock, valued at approximately $3,310,021.70. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 739,693 shares of company stock valued at $51,896,387. 3.00% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of the company. Victory Capital Management Inc. increased its stake in shares of Dunkin Brands Group by 1,645.7% during the 2nd quarter. Victory Capital Management Inc. now owns 839,389 shares of the restaurant operator’s stock worth $57,976,000 after purchasing an additional 791,307 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Dunkin Brands Group by 7.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 569,154 shares of the restaurant operator’s stock valued at $39,312,000 after buying an additional 41,318 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Dunkin Brands Group by 7.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 436,919 shares of the restaurant operator’s stock valued at $30,178,000 after buying an additional 32,045 shares in the last quarter. Sei Investments Co. grew its stake in Dunkin Brands Group by 8.8% in the 2nd quarter. Sei Investments Co. now owns 390,811 shares of the restaurant operator’s stock valued at $26,994,000 after buying an additional 31,593 shares in the last quarter. Finally, Macquarie Group Ltd. grew its stake in Dunkin Brands Group by 1.5% in the 2nd quarter. Macquarie Group Ltd. now owns 348,820 shares of the restaurant operator’s stock valued at $24,093,000 after buying an additional 5,025 shares in the last quarter. Institutional investors own 99.27% of the company’s stock.

Dunkin Brands Group Company 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.

Recommended Story: How to Invest in Growth Stocks

Analyst Recommendations for Dunkin Brands Group (NASDAQ:DNKN)

Receive News & Ratings for Dunkin Brands Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin Brands Group and related companies with MarketBeat.com's FREE daily email newsletter.