QS Investors LLC lifted its position in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 672.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 79,561 shares of the restaurant operator’s stock after acquiring an additional 69,255 shares during the period. QS Investors LLC’s holdings in Dunkin Brands Group were worth $5,129,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in DNKN. HS Management Partners LLC bought a new position in shares of Dunkin Brands Group during the third quarter worth about $17,590,000. Landscape Capital Management L.L.C. acquired a new stake in Dunkin Brands Group in the fourth quarter worth about $13,251,000. Quantitative Investment Management LLC acquired a new stake in Dunkin Brands Group in the fourth quarter worth about $9,973,000. First Manhattan Co. lifted its holdings in Dunkin Brands Group by 9.4% in the fourth quarter. First Manhattan Co. now owns 1,601,113 shares of the restaurant operator’s stock worth $103,223,000 after purchasing an additional 137,051 shares during the period. Finally, First Quadrant L P CA acquired a new stake in Dunkin Brands Group in the fourth quarter worth about $8,308,000. Institutional investors and hedge funds own 97.85% of the company’s stock.
Shares of Dunkin Brands Group Inc (DNKN) opened at $59.30 on Thursday. Dunkin Brands Group Inc has a 1-year low of $50.89 and a 1-year high of $68.45. The company has a debt-to-equity ratio of 361.71, a current ratio of 2.79 and a quick ratio of 2.79. The firm has a market cap of $4,914.09, a PE ratio of 24.58, a price-to-earnings-growth ratio of 1.68 and a beta of 0.29.
Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 the consensus estimate of $220.54 million. During the same period in the prior year, the company earned $0.64 EPS. Dunkin Brands Group’s revenue was up 5.3% on a year-over-year basis. equities research analysts anticipate that Dunkin Brands Group Inc will post 2.66 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Monday, March 12th will be issued a $0.3475 dividend. This represents a $1.39 dividend on an annualized basis and a yield of 2.34%. This is an increase from Dunkin Brands Group’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, March 9th. Dunkin Brands Group’s dividend payout ratio is presently 36.48%.
In other Dunkin Brands Group news, insider John L. Clare sold 13,388 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $62.02, for a total value of $830,323.76. Following the completion of the sale, the insider now directly owns 29,772 shares of the company’s stock, valued at approximately $1,846,459.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Karen Raskopf sold 42,486 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $62.44, for a total transaction of $2,652,825.84. Following the completion of the sale, the senior vice president now directly owns 2,500 shares of the company’s stock, valued at $156,100. The disclosure for this sale can be found here. Insiders sold a total of 455,581 shares of company stock valued at $28,320,199 over the last three months. 3.10% of the stock is owned by corporate insiders.
Several research firms recently weighed in on DNKN. Wells Fargo & Co reduced their price objective 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. BidaskClub downgraded shares of Dunkin Brands Group from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. BMO Capital Markets set a $64.00 price objective on shares of Dunkin Brands Group and gave the stock a “hold” rating in a report on Friday, January 12th. Stephens upped their price objective on shares of Dunkin Brands Group from $54.00 to $66.00 and gave the stock a “weight” rating in a report on Monday, February 5th. Finally, Wedbush reaffirmed a “hold” rating and issued a $60.00 price objective on shares of Dunkin Brands Group in a report on Thursday, February 8th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $63.20.
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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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