Mcrae Capital Management Inc. raised its stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 2.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 154,589 shares of the restaurant operator’s stock after buying an additional 3,424 shares during the period. Dunkin’ Brands Group accounts for 3.5% of Mcrae Capital Management Inc.’s holdings, making the stock its 11th largest position. Mcrae Capital Management Inc. owned 0.17% of Dunkin’ Brands Group worth $8,453,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in Dunkin’ Brands Group during the fourth quarter valued at $31,640,000. Comerica Bank increased its stake in Dunkin’ Brands Group by 3.9% in the fourth quarter. Comerica Bank now owns 79,445 shares of the restaurant operator’s stock valued at $4,118,000 after buying an additional 2,979 shares during the period. Thrivent Financial for Lutherans increased its stake in Dunkin’ Brands Group by 9.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 15,730 shares of the restaurant operator’s stock valued at $825,000 after buying an additional 1,320 shares during the period. BB&T Corp increased its stake in Dunkin’ Brands Group by 3.4% in the third quarter. BB&T Corp now owns 232,405 shares of the restaurant operator’s stock valued at $12,103,000 after buying an additional 7,572 shares during the last quarter. Finally, UBS Oconnor LLC increased its stake in Dunkin’ Brands Group by 54.7% in the third quarter. UBS Oconnor LLC now owns 41,585 shares of the restaurant operator’s stock valued at $2,166,000 after buying an additional 14,708 shares during the last quarter. Institutional investors and hedge funds own 98.89% of the company’s stock.

Institutional Ownership by Quarter for Dunkin` Brands Group (NASDAQ:DNKN)

Shares of Dunkin’ Brands Group, Inc. (DNKN) traded up 1.46% during midday trading on Friday, reaching $57.03. The company had a trading volume of 1,155,753 shares. The company’s 50 day moving average price is $56.87 and its 200 day moving average price is $54.60. Dunkin’ Brands Group, Inc. has a 52-week low of $41.29 and a 52-week high of $59.70. The stock has a market capitalization of $5.26 billion, a PE ratio of 25.69 and a beta of 0.23.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, May 4th. The restaurant operator reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.06. Dunkin’ Brands Group had a negative return on equity of 133.92% and a net margin of 24.81%. The firm had revenue of $190.70 million during the quarter, compared to the consensus estimate of $192.36 million. During the same quarter in the previous year, the business earned $0.44 earnings per share. The firm’s quarterly revenue was up .5% compared to the same quarter last year. Equities research analysts expect that Dunkin’ Brands Group, Inc. will post $2.43 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 14th. Shareholders of record on Monday, June 5th were given a dividend of $0.3225 per share. This represents a $1.29 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date was Thursday, June 1st. Dunkin’ Brands Group’s dividend payout ratio (DPR) is presently 57.85%.

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Several analysts recently weighed in on DNKN shares. Maxim Group restated a “buy” rating on shares of Dunkin’ Brands Group in a report on Wednesday, March 15th. Citigroup Inc. decreased their price objective on Dunkin’ Brands Group from $64.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, April 11th. Argus upgraded Dunkin’ Brands Group from a “hold” rating to a “buy” rating and lifted their price objective for the company from $58.84 to $68.00 in a report on Tuesday, June 6th. Wedbush restated a “hold” rating and issued a $54.00 price objective on shares of Dunkin’ Brands Group in a report on Friday, May 5th. Finally, Zacks Investment Research upgraded Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. Dunkin’ Brands Group currently has an average rating of “Hold” and a consensus price target of $55.59.

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 through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

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