Insider Selling: Dunkin Brands Group Inc (DNKN) Chairman Sells 298,662 Shares of Stock

Dunkin Brands Group Inc (NASDAQ:DNKN) Chairman Nigel Travis sold 298,662 shares of the firm’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $72.35, for a total transaction of $21,608,195.70. Following the completion of the transaction, the chairman now owns 257,326 shares of the company’s stock, valued at $18,617,536.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Nigel Travis also recently made the following trade(s):

  • On Friday, November 2nd, Nigel Travis sold 1,945 shares of Dunkin Brands Group stock. The stock was sold at an average price of $72.30, for a total transaction of $140,623.50.
  • On Wednesday, October 31st, Nigel Travis sold 83,030 shares of Dunkin Brands Group stock. The stock was sold at an average price of $73.54, for a total transaction of $6,106,026.20.
  • On Thursday, August 9th, Nigel Travis sold 137,606 shares of Dunkin Brands Group stock. The stock was sold at an average price of $71.15, for a total transaction of $9,790,666.90.

NASDAQ DNKN traded up $0.95 during trading on Tuesday, reaching $72.94. The company’s stock had a trading volume of 926,059 shares, compared to its average volume of 998,351. The stock has a market capitalization of $6.04 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 2.05 and a beta of 0.33. Dunkin Brands Group Inc has a 1-year low of $55.60 and a 1-year high of $77.13.

Dunkin Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, October 25th. The restaurant operator reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.10. The firm had revenue of $350.01 million during the quarter, compared to analysts’ expectations of $344.17 million. Dunkin Brands Group had a net margin of 30.28% and a negative return on equity of 41.14%. On average, analysts expect that Dunkin Brands Group Inc will post 2.84 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Shareholders of record on Monday, November 26th will be paid a $0.3475 dividend. This represents a $1.39 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Friday, November 23rd. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 57.20%.

Several research analysts have commented on DNKN shares. TheStreet upgraded shares of Dunkin Brands Group from a “c+” rating to a “b” rating in a report on Friday, July 27th. Robert W. Baird reiterated a “buy” rating and issued a $80.00 target price on shares of Dunkin Brands Group in a report on Thursday, July 26th. BidaskClub cut shares of Dunkin Brands Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 26th. Maxim Group restated a “buy” rating and set a $77.00 price target on shares of Dunkin Brands Group in a report on Monday, July 23rd. Finally, Royal Bank of Canada restated a “buy” rating and set a $75.00 price target on shares of Dunkin Brands Group in a report on Friday, July 27th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and twelve have assigned a buy rating to the company. Dunkin Brands Group presently has an average rating of “Hold” and a consensus target price of $70.17.

A number of hedge funds and other institutional investors have recently bought and sold shares of DNKN. Victory Capital Management Inc. lifted its stake in Dunkin Brands Group by 1,645.7% in the second quarter. Victory Capital Management Inc. now owns 839,389 shares of the restaurant operator’s stock valued at $57,976,000 after acquiring an additional 791,307 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in Dunkin Brands Group in the second quarter valued at approximately $23,435,000. BTIM Corp. acquired a new stake in Dunkin Brands Group in the second quarter valued at approximately $19,762,000. Russell Investments Group Ltd. lifted its stake in Dunkin Brands Group by 284.7% in the third quarter. Russell Investments Group Ltd. now owns 208,781 shares of the restaurant operator’s stock valued at $15,396,000 after acquiring an additional 154,506 shares during the last quarter. Finally, Unigestion Holding SA acquired a new stake in Dunkin Brands Group in the second quarter valued at approximately $7,625,000. Hedge funds and other institutional investors own 99.10% of the company’s stock.

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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.

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

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