Colony Group LLC boosted its stake in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 1.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 67,420 shares of the restaurant operator’s stock after buying an additional 851 shares during the period. Colony Group LLC’s holdings in Dunkin Brands Group were worth $5,093,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently made changes to their positions in DNKN. Savior LLC bought a new position in shares of Dunkin Brands Group during the fourth quarter worth about $28,000. Great Diamond Partners LLC acquired a new position in Dunkin Brands Group during the 4th quarter worth approximately $30,000. Citizens Financial Group Inc RI acquired a new position in Dunkin Brands Group during the 4th quarter worth approximately $43,000. Penserra Capital Management LLC boosted its position in Dunkin Brands Group by 62.8% during the 3rd quarter. Penserra Capital Management LLC now owns 946 shares of the restaurant operator’s stock worth $75,000 after acquiring an additional 365 shares during the last quarter. Finally, GQ Asset Management LLC bought a new position in shares of Dunkin Brands Group during the 3rd quarter worth approximately $101,000. 87.64% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have recently weighed in on the stock. Morgan Stanley decreased their price target on shares of Dunkin Brands Group from $79.00 to $49.00 and set an “equal weight” rating for the company in a research note on Wednesday. Maxim Group decreased their price target on shares of Dunkin Brands Group from $83.00 to $81.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Robert W. Baird reaffirmed a “buy” rating and set a $88.00 price target on shares of Dunkin Brands Group in a research note on Friday, January 10th. Oppenheimer reaffirmed a “hold” rating on shares of Dunkin Brands Group in a research note on Friday, February 7th. Finally, Argus cut shares of Dunkin Brands Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Dunkin Brands Group presently has an average rating of “Hold” and an average price target of $78.47.
Shares of DNKN stock opened at $52.11 on Thursday. The company has a fifty day moving average price of $65.99 and a two-hundred day moving average price of $74.14. Dunkin Brands Group Inc has a one year low of $38.51 and a one year high of $84.74. The stock has a market cap of $4.26 billion, a P/E ratio of 18.03, a P/E/G ratio of 1.65 and a beta of 0.62.
Dunkin Brands Group (NASDAQ:DNKN) last released its quarterly earnings data on Thursday, February 6th. The restaurant operator reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.03. The company had revenue of $335.92 million for the quarter, compared to analyst estimates of $335.95 million. Dunkin Brands Group had a net margin of 17.66% and a negative return on equity of 41.48%. Dunkin Brands Group’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 EPS. On average, research analysts expect that Dunkin Brands Group Inc will post 3.16 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Monday, March 9th were issued a dividend of $0.403 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.61 dividend on an annualized basis and a yield of 3.09%. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.38. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 50.79%.
Dunkin Brands Group Profile
Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.
Recommended Story: What is a closed-end mutual fund (CEF)?
Want to see what other hedge funds are holding DNKN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dunkin Brands Group Inc (NASDAQ:DNKN).
Receive News & Ratings for Dunkin Brands Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin Brands Group and related companies with MarketBeat.com's FREE daily email newsletter.