Royal Bank Of Canada cut shares of Dunkin’ Brands Group Inc. (NASDAQ:DNKN) from an outperform rating to a sector perform rating in a research report report published on Monday morning. Royal Bank Of Canada currently has $54.00 target price on the stock, up from their previous target price of $51.00.

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

Shares of Dunkin’ Brands Group (NASDAQ:DNKN) traded up 0.63% during trading on Monday, reaching $50.98. 35,538 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $49.82 and a 200 day moving average price of $46.97. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 38.74 and a beta of 0.23. Dunkin’ Brands Group has a 12 month low of $36.44 and a 12 month high of $52.30.

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

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

A number of institutional investors have recently made changes to their positions in DNKN. IFP Advisors Inc increased its position in Dunkin’ Brands Group by 43.9% in the second quarter. IFP Advisors Inc now owns 2,663 shares of the company’s stock worth $116,000 after buying an additional 812 shares during the last quarter. Winslow Evans & Crocker Inc. increased its position in Dunkin’ Brands Group by 10.1% in the second quarter. Winslow Evans & Crocker Inc. now owns 2,714 shares of the company’s stock worth $118,000 after buying an additional 250 shares during the last quarter. CT Financial Advisors LLC increased its position in Dunkin’ Brands Group by 600.0% in the second quarter. CT Financial Advisors LLC now owns 3,150 shares of the company’s stock worth $137,000 after buying an additional 2,700 shares during the last quarter. Advisor Group Inc. purchased a new position in Dunkin’ Brands Group during the second quarter worth about $171,000. Finally, Alpine Partners VI LLC purchased a new position in Dunkin’ Brands Group during the first quarter worth about $222,000. 96.93% of the stock is currently owned by 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.

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