Insider Selling: Dunkin Brands Group Inc (DNKN) Insider Sells 4,500 Shares of Stock

Dunkin Brands Group Inc (NASDAQ:DNKN) insider Richard J. Emmett sold 4,500 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $61.58, for a total transaction of $277,110.00. Following the sale, the insider now directly owns 16,542 shares of the company’s stock, valued at $1,018,656.36. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Dunkin Brands Group Inc (NASDAQ DNKN) opened at $61.98 on Friday. Dunkin Brands Group Inc has a one year low of $50.89 and a one year high of $68.45. The stock has a market cap of $5,598.22, a price-to-earnings ratio of 25.51, a PEG ratio of 1.73 and a beta of 0.21. The company has a quick ratio of 1.43, a current ratio of 2.79 and a debt-to-equity ratio of 361.71.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.01. Dunkin Brands Group had a net margin of 40.77% and a negative return on equity of 190.44%. The company had revenue of $227.10 million during the quarter, compared to analysts’ expectations of $220.54 million. During the same quarter in the prior year, the company posted $0.64 EPS. The business’s revenue was up 5.3% on a year-over-year basis. sell-side analysts forecast that Dunkin Brands Group Inc will post 2.68 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Monday, March 12th will be paid a $0.3475 dividend. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.24%. Dunkin Brands Group’s dividend payout ratio is currently 33.86%.

Several hedge funds have recently made changes to their positions in the company. Janus Henderson Group PLC raised its stake in shares of Dunkin Brands Group by 0.3% in the 3rd quarter. Janus Henderson Group PLC now owns 8,626,960 shares of the restaurant operator’s stock valued at $457,919,000 after buying an additional 21,819 shares in the last quarter. BlackRock Inc. raised its stake in shares of Dunkin Brands Group by 0.7% in the 4th quarter. BlackRock Inc. now owns 7,322,621 shares of the restaurant operator’s stock valued at $472,088,000 after buying an additional 51,795 shares in the last quarter. Jackson Square Partners LLC raised its stake in shares of Dunkin Brands Group by 2.7% in the 4th quarter. Jackson Square Partners LLC now owns 1,818,261 shares of the restaurant operator’s stock valued at $117,223,000 after buying an additional 47,703 shares in the last quarter. First Manhattan Co. raised its stake in shares of Dunkin Brands Group by 9.4% in the 4th quarter. First Manhattan Co. now owns 1,601,113 shares of the restaurant operator’s stock valued at $103,223,000 after buying an additional 137,051 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its stake in shares of Dunkin Brands Group by 11.2% in the 3rd quarter. Westfield Capital Management Co. LP now owns 977,879 shares of the restaurant operator’s stock valued at $51,906,000 after buying an additional 98,615 shares in the last quarter. Institutional investors own 85.24% of the company’s stock.

A number of analysts have weighed in on the stock. BidaskClub downgraded shares of Dunkin Brands Group from a “hold” rating to a “sell” rating in a report on Friday. Piper Jaffray Companies reissued a “neutral” rating and issued a $62.00 price target (up from $59.00) on shares of Dunkin Brands Group in a report on Thursday. BMO Capital Markets raised shares of Dunkin Brands Group from a “market perform” rating to an “outperform” rating and set a $69.00 price target for the company in a report on Monday, February 12th. Robert W. Baird reduced their price target on shares of Dunkin Brands Group from $78.00 to $74.00 and set an “outperform” rating for the company in a report on Friday, February 9th. Finally, Wells Fargo & Co reduced their price target on shares of Dunkin Brands Group from $56.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, February 9th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. Dunkin Brands Group currently has an average rating of “Hold” and a consensus price target of $63.20.

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Dunkin Brands Group Company 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.

Insider Buying and Selling by Quarter for Dunkin Brands Group (NASDAQ:DNKN)

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