State Street Corp increased its position in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,321,477 shares of the restaurant operator’s stock after buying an additional 63,426 shares during the period. State Street Corp owned 2.54% of Dunkin’ Brands Group worth $126,937,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. US Bancorp DE raised its position in Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock worth $191,000 after buying an additional 63 shares during the period. Russell Investments Group Ltd. raised its stake in Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares during the last quarter. Creative Planning raised its stake in Dunkin’ Brands Group by 1.6% in the first quarter. Creative Planning now owns 8,954 shares of the restaurant operator’s stock valued at $490,000 after buying an additional 140 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Dunkin’ Brands Group by 3.9% in the first quarter. PNC Financial Services Group Inc. now owns 7,006 shares of the restaurant operator’s stock valued at $382,000 after buying an additional 266 shares during the last quarter. Finally, RiverPoint Capital Management LLC raised its stake in Dunkin’ Brands Group by 3.7% in the first quarter. RiverPoint Capital Management LLC now owns 10,274 shares of the restaurant operator’s stock valued at $562,000 after buying an additional 370 shares during the last quarter. 94.31% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) traded up 0.32% during midday trading on Thursday, reaching $53.07. 676,057 shares of the company were exchanged. The company has a market capitalization of $4.80 billion, a PE ratio of 23.91 and a beta of 0.21. Dunkin’ Brands Group, Inc. has a 52-week low of $43.81 and a 52-week high of $59.70. The stock’s 50-day moving average price is $54.64 and its 200-day moving average price is $54.85.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.02. Dunkin’ Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. The business had revenue of $218.50 million for the quarter, compared to analyst estimates of $220.77 million. During the same quarter in the prior year, the firm earned $0.57 EPS. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. Analysts anticipate that Dunkin’ Brands Group, Inc. will post $2.43 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Monday, August 28th will be issued a $0.3225 dividend. This represents a $1.29 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, August 24th. Dunkin’ Brands Group’s payout ratio is 56.33%.

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DNKN has been the topic of several analyst reports. Maxim Group lifted their price target on shares of Dunkin’ Brands Group from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Monday, May 1st. Royal Bank Of Canada raised shares of Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $54.00 to $64.00 in a research report on Monday, May 1st. BMO Capital Markets lifted their target price on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the company a “market perform” rating in a report on Monday, May 15th. Citigroup Inc. dropped their target price on shares of Dunkin’ Brands Group from $64.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, April 11th. Finally, Zacks Investment Research upgraded shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Monday, July 17th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $56.47.

Dunkin’ Brands Group Company Profile

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.

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

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