TheStreet upgraded shares of Dunkin’ Brands Group Inc. (NASDAQ:DNKN) to a buy rating in a report issued on Friday.

DNKN has been the subject of several other reports. Citigroup Inc. raised their price objective on Dunkin’ Brands Group from $51.00 to $57.00 and gave the stock a buy rating in a research note on Tuesday, September 13th. Longbow Research restated an underperform rating and issued a $34.00 price objective on shares of Dunkin’ Brands Group in a research note on Monday, August 15th. Credit Suisse Group AG raised their price objective on Dunkin’ Brands Group from $51.00 to $52.00 and gave the stock an outperform rating in a research note on Tuesday, September 20th. BMO Capital Markets restated a hold rating and issued a $46.00 price objective on shares of Dunkin’ Brands Group in a research note on Friday, July 22nd. Finally, Goldman Sachs Group Inc. raised their price objective on Dunkin’ Brands Group from $46.00 to $47.00 and gave the stock a neutral rating in a research note on Wednesday, July 20th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Dunkin’ Brands Group currently has an average rating of Hold and a consensus target price of $48.03.

Analyst Recommendations for Dunkin` Brands Group (NASDAQ:DNKN)

Dunkin’ Brands Group (NASDAQ:DNKN) traded down 1.09% on Friday, reaching $50.77. The company had a trading volume of 637,942 shares. The stock has a market capitalization of $4.66 billion, a P/E ratio of 38.58 and a beta of 0.23. The stock’s 50 day moving average is $49.78 and its 200-day moving average is $46.95. Dunkin’ Brands Group has a 1-year low of $36.44 and a 1-year high of $52.30.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, July 21st. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.01. Dunkin’ Brands Group had a negative return on equity of 106.20% and a net margin of 15.13%. The company earned $216.30 million during the quarter, compared to analysts’ expectations of $219.88 million. During the same period last year, the business posted $0.50 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year. On average, equities analysts predict that Dunkin’ Brands Group will post $2.21 EPS for the current fiscal year.

In related news, insider John H. Costello sold 12,782 shares of the business’s stock in a transaction on Monday, August 1st. The stock was sold at an average price of $45.15, for a total transaction of $577,107.30. Following the completion of the transaction, the insider now directly owns 19,671 shares of the company’s stock, valued at approximately $888,145.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William M. Mitchell sold 5,648 shares of the business’s stock in a transaction on Friday, August 5th. The stock was sold at an average price of $45.87, for a total value of $259,073.76. Following the transaction, the insider now directly owns 5,648 shares of the company’s stock, valued at $259,073.76. The disclosure for this sale can be found here. Corporate insiders own 2.90% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Webster Bank N. A. boosted its position in Dunkin’ Brands Group by 0.6% in the third quarter. Webster Bank N. A. now owns 76,315 shares of the company’s stock valued at $3,974,000 after buying an additional 480 shares during the last quarter. MSI Financial Services Inc boosted its position in Dunkin’ Brands Group by 3.6% in the third quarter. MSI Financial Services Inc now owns 4,942 shares of the company’s stock valued at $257,000 after buying an additional 172 shares in the last quarter. CT Financial Advisors LLC boosted its position in Dunkin’ Brands Group by 43.2% in the third quarter. CT Financial Advisors LLC now owns 4,510 shares of the company’s stock valued at $235,000 after buying an additional 1,360 shares in the last quarter. Creative Planning boosted its position in Dunkin’ Brands Group by 167.5% in the third quarter. Creative Planning now owns 8,671 shares of the company’s stock valued at $452,000 after buying an additional 5,430 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in Dunkin’ Brands Group by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 31,555 shares of the company’s stock valued at $1,643,000 after buying an additional 632 shares in the last quarter. 96.93% of the stock is owned by hedge funds and other institutional investors.

About Dunkin’ Brands Group

Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates its business through four segments, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

5 Day Chart for NASDAQ:DNKN

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