Dunkin’ Brands (DNKN) Shares Bought by QS Investors LLC

QS Investors LLC grew its stake in shares of Dunkin’ Brands (NASDAQ:DNKN) by 672.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,561 shares of the restaurant operator’s stock after purchasing an additional 69,255 shares during the period. QS Investors LLC owned about 0.09% of Dunkin’ Brands worth $5,129,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerebellum GP LLC purchased a new stake in shares of Dunkin’ Brands during the fourth quarter valued at $117,000. Aevitas Wealth Management Inc. purchased a new stake in shares of Dunkin’ Brands during the fourth quarter valued at $130,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Dunkin’ Brands during the fourth quarter valued at $135,000. Capital Analysts LLC purchased a new stake in shares of Dunkin’ Brands during the fourth quarter valued at $134,000. Finally, Aviance Capital Management LLC purchased a new stake in shares of Dunkin’ Brands during the fourth quarter valued at $169,000. 97.68% of the stock is owned by institutional investors and hedge funds.

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Shares of DNKN stock opened at $59.69 on Friday. The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 361.71. Dunkin’ Brands has a fifty-two week low of $50.89 and a fifty-two week high of $68.45. The stock has a market capitalization of $4,962.58, a price-to-earnings ratio of 24.56, a PEG ratio of 1.69 and a beta of 0.30.

Dunkin’ Brands (NASDAQ:DNKN) last issued its earnings results on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.01. Dunkin’ Brands had a negative return on equity of 190.44% and a net margin of 40.77%. The company had revenue of $227.10 million for the quarter, compared to analyst estimates of $220.54 million. During the same period in the prior year, the firm posted $0.64 EPS. The business’s revenue was up 5.3% compared to the same quarter last year. equities research analysts expect that Dunkin’ Brands will post 2.66 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 21st. Shareholders of record on Monday, March 12th were given a $0.3475 dividend. This is a positive change from Dunkin’ Brands’s previous quarterly dividend of $0.32. This represents a $1.39 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend was Friday, March 9th. Dunkin’ Brands’s dividend payout ratio is presently 57.20%.

DNKN has been the subject of several analyst reports. Barclays reaffirmed an “overweight” rating and set a $70.00 target price (up from $63.00) on shares of Dunkin’ Brands in a report on Tuesday, January 16th. Piper Jaffray upped their target price on Dunkin’ Brands from $55.00 to $59.00 and gave the company a “neutral” rating in a report on Monday, January 29th. Maxim Group reaffirmed a “buy” rating and set a $71.00 target price on shares of Dunkin’ Brands in a report on Tuesday, February 6th. Cowen reissued a “hold” rating and issued a $62.00 price objective on shares of Dunkin’ Brands in a research note on Friday, February 2nd. Finally, Bank of America reduced their price objective on Dunkin’ Brands from $68.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company. Dunkin’ Brands has an average rating of “Hold” and an average price target of $64.20.

In other Dunkin’ Brands news, insider William M. Mitchell sold 46,180 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $61.30, for a total value of $2,830,834.00. Following the transaction, the insider now directly owns 33,000 shares of the company’s stock, valued at approximately $2,022,900. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Nigel Travis sold 57,296 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $63.24, for a total value of $3,623,399.04. Following the completion of the transaction, the chief executive officer now directly owns 327,957 shares in the company, valued at $20,740,000.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 455,581 shares of company stock worth $28,320,199. Insiders own 3.10% of the company’s stock.

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Dunkin’ Brands 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.

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

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