Dunkin’ Brands (DNKN) Holdings Boosted by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA raised its stake in shares of Dunkin’ Brands (NASDAQ:DNKN) by 0.4% during the 1st quarter, HoldingsChannel reports. The fund owned 186,764 shares of the restaurant operator’s stock after acquiring an additional 790 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Dunkin’ Brands were worth $11,148,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. lifted its stake in Dunkin’ Brands by 0.7% during the 4th quarter. BlackRock Inc. now owns 7,322,621 shares of the restaurant operator’s stock valued at $472,088,000 after acquiring an additional 51,795 shares in the last quarter. Jackson Square Partners LLC raised its stake in shares of Dunkin’ Brands by 2.7% during the 4th quarter. Jackson Square Partners LLC now owns 1,818,261 shares of the restaurant operator’s stock worth $117,223,000 after purchasing an additional 47,703 shares during the period. First Manhattan Co. raised its stake in shares of Dunkin’ Brands by 9.4% during the 4th 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. Vaughan Nelson Investment Management L.P. raised its stake in shares of Dunkin’ Brands by 9.4% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 887,675 shares of the restaurant operator’s stock worth $57,229,000 after purchasing an additional 75,975 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Dunkin’ Brands by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 771,782 shares of the restaurant operator’s stock worth $49,756,000 after purchasing an additional 2,573 shares during the period. Institutional investors and hedge funds own 98.94% of the company’s stock.

In other news, SVP Karen Raskopf sold 42,486 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $62.44, for a total transaction of $2,652,825.84. Following the completion of the transaction, the senior vice president now owns 2,500 shares of the company’s stock, valued at $156,100. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nigel Travis sold 57,296 shares of the business’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 transaction, the chief executive officer now directly owns 327,957 shares of the company’s stock, valued at approximately $20,740,000.68. The disclosure for this sale can be found here. Insiders have sold 453,431 shares of company stock valued at $28,218,730 in the last three months. 3.00% of the stock is owned by insiders.

Dunkin’ Brands opened at $65.91 on Monday, MarketBeat.com reports. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of -3.54. The stock has a market cap of $5.47 billion, a price-to-earnings ratio of 26.26, a P/E/G ratio of 1.92 and a beta of 0.30. Dunkin’ Brands has a twelve month low of $50.89 and a twelve month high of $68.45.

Dunkin’ Brands (NASDAQ:DNKN) last posted its earnings results on Thursday, April 26th. The restaurant operator reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.10. Dunkin’ Brands had a negative return on equity of 75.12% and a net margin of 36.40%. The business had revenue of $301.30 million during the quarter, compared to analyst estimates of $303.72 million. During the same quarter in the previous year, the firm earned $0.54 EPS. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. sell-side analysts expect that Dunkin’ Brands will post 2.74 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 6th. Stockholders of record on Tuesday, May 29th will be issued a dividend of $0.3475 per share. This represents a $1.39 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, May 25th. Dunkin’ Brands’s payout ratio is 57.20%.

A number of equities research analysts have recently commented on the company. Piper Jaffray Companies lifted their target price on Dunkin’ Brands from $55.00 to $59.00 and gave the stock a “neutral” rating in a research note on Monday, January 29th. Nomura lifted their target price on Dunkin’ Brands from $52.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 30th. BidaskClub upgraded Dunkin’ Brands from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 9th. William Blair raised Dunkin’ Brands from a “market perform” rating to an “outperform” rating in a report on Monday, January 22nd. Finally, ValuEngine raised Dunkin’ Brands from a “hold” rating to a “buy” rating in a report on Monday, May 7th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $64.37.

About Dunkin’ Brands

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 (NASDAQ:DNKN)

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