Insider Selling: Dunkin Brands Group Inc (DNKN) CFO Sells 1,900 Shares of Stock

Dunkin Brands Group Inc (NASDAQ:DNKN) CFO Katherine D. Jaspon sold 1,900 shares of the stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $73.28, for a total value of $139,232.00. Following the completion of the sale, the chief financial officer now owns 4,411 shares of the company’s stock, valued at $323,238.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of NASDAQ DNKN opened at $74.51 on Friday. Dunkin Brands Group Inc has a 52 week low of $55.81 and a 52 week high of $77.13. The company has a market cap of $6.18 billion, a P/E ratio of 30.66, a P/E/G ratio of 2.13 and a beta of 0.33.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Monday, November 26th will be given a dividend of $0.3475 per share. The ex-dividend date is Friday, November 23rd. This represents a $1.39 annualized dividend and a yield of 1.87%. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 57.20%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Smithfield Trust Co. boosted its position in Dunkin Brands Group by 2,018.5% during the third quarter. Smithfield Trust Co. now owns 1,377 shares of the restaurant operator’s stock valued at $102,000 after purchasing an additional 1,312 shares during the last quarter. First Hawaiian Bank acquired a new stake in shares of Dunkin Brands Group in the third quarter valued at approximately $110,000. Fort L.P. acquired a new stake in shares of Dunkin Brands Group in the second quarter valued at approximately $123,000. Advisors Preferred LLC lifted its position in shares of Dunkin Brands Group by 797.1% in the second quarter. Advisors Preferred LLC now owns 1,857 shares of the restaurant operator’s stock valued at $128,000 after buying an additional 1,650 shares during the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new stake in shares of Dunkin Brands Group in the third quarter valued at approximately $169,000. 99.10% of the stock is owned by hedge funds and other institutional investors.

DNKN has been the subject of a number of research reports. Citigroup increased their price objective on Dunkin Brands Group from $83.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, October 30th. Maxim Group increased their price objective on Dunkin Brands Group from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, September 26th. They noted that the move was a valuation call. Robert W. Baird reiterated a “buy” rating and set a $80.00 price objective on shares of Dunkin Brands Group in a report on Thursday, July 26th. BidaskClub downgraded Dunkin Brands Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 26th. Finally, BMO Capital Markets increased their price objective on Dunkin Brands Group from $78.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday, October 26th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and twelve have assigned a buy rating to the stock. Dunkin Brands Group currently has a consensus rating of “Hold” and a consensus target price of $70.17.

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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.

Further Reading: Understanding each part of a balance sheet

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

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