BidaskClub upgraded shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) from a sell rating to a hold rating in a research note published on Thursday.

A number of other research analysts also recently weighed in on DNKN. Royal Bank Of Canada upgraded shares of Dunkin’ Brands Group from a sector perform rating to an outperform rating and raised their price target for the company from $54.00 to $64.00 in a report on Monday, May 1st. Maxim Group raised their price target on shares of Dunkin’ Brands Group from $61.00 to $64.00 and gave the company a buy rating in a report on Monday, May 1st. Wedbush restated a hold rating and set a $54.00 price target on shares of Dunkin’ Brands Group in a report on Friday, May 5th. Zacks Investment Research upgraded shares of Dunkin’ Brands Group from a sell rating to a hold rating in a report on Friday, May 5th. Finally, BMO Capital Markets raised their price target on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the company a market perform rating in a report on Friday, May 5th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $57.72.

Dunkin’ Brands Group (DNKN) opened at 52.29 on Thursday. Dunkin’ Brands Group has a 12 month low of $46.55 and a 12 month high of $59.70. The company has a 50-day moving average price of $53.35 and a 200 day moving average price of $54.99. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 22.93 and a beta of 0.21.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $218.50 million during the quarter, compared to the consensus estimate of $220.77 million. During the same quarter in the prior year, the firm earned $0.57 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. Equities analysts predict that Dunkin’ Brands Group will post $2.43 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Monday, August 28th will be given a $0.3225 dividend. This represents a $1.29 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend is Thursday, August 24th. Dunkin’ Brands Group’s dividend payout ratio is presently 56.33%.

In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total value of $1,742,400.00. Following the transaction, the senior vice president now directly owns 33,000 shares in the company, valued at $1,742,400. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 3.10% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. increased its stake in shares of Dunkin’ Brands Group by 8.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 350,129 shares of the restaurant operator’s stock worth $19,146,000 after buying an additional 25,926 shares during the last quarter. Advisors Capital Management LLC boosted its position in Dunkin’ Brands Group by 7.5% in the second quarter. Advisors Capital Management LLC now owns 176,234 shares of the restaurant operator’s stock worth $9,714,000 after buying an additional 12,274 shares during the period. State Street Corp boosted its position in Dunkin’ Brands Group by 2.8% in the first quarter. State Street Corp now owns 2,321,477 shares of the restaurant operator’s stock worth $126,937,000 after buying an additional 63,426 shares during the period. Creative Planning boosted its position in Dunkin’ Brands Group by 16.9% in the second quarter. Creative Planning now owns 10,466 shares of the restaurant operator’s stock worth $577,000 after buying an additional 1,512 shares during the period. Finally, Skylands Capital LLC boosted its position in Dunkin’ Brands Group by 106.7% in the second quarter. Skylands Capital LLC now owns 50,850 shares of the restaurant operator’s stock worth $2,803,000 after buying an additional 26,250 shares during the period. Institutional investors and hedge funds own 92.77% of the company’s stock.

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.

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

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