Chicago Equity Partners LLC boosted its position in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 810.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,420 shares of the restaurant operator’s stock after purchasing an additional 31,530 shares during the quarter. Chicago Equity Partners LLC’s holdings in Dunkin’ Brands Group were worth $1,952,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. grew its holdings in Dunkin’ Brands Group by 3.7% during the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after purchasing an additional 109 shares during the period. Advisors Asset Management Inc. grew its holdings in Dunkin’ Brands Group by 12.1% during the second quarter. Advisors Asset Management Inc. now owns 3,114 shares of the restaurant operator’s stock valued at $172,000 after purchasing an additional 336 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Dunkin’ Brands Group by 8.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,315 shares of the restaurant operator’s stock valued at $183,000 after purchasing an additional 259 shares during the period. US Bancorp DE grew its holdings in Dunkin’ Brands Group by 1.8% during the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after purchasing an additional 63 shares during the period. Finally, Boston Advisors LLC acquired a new position in Dunkin’ Brands Group during the second quarter valued at approximately $202,000. Hedge funds and other institutional investors own 92.77% of the company’s stock.

Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) opened at 52.26 on Thursday. The firm has a 50 day moving average of $52.87 and a 200 day moving average of $54.88. Dunkin’ Brands Group, Inc. has a 12-month low of $46.55 and a 12-month high of $59.70. The firm has a market capitalization of $4.72 billion, a P/E ratio of 22.92 and a beta of 0.23.

Dunkin’ Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.02. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. The company had revenue of $218.50 million during the quarter, compared to analyst estimates of $220.77 million. During the same quarter last year, the firm posted $0.57 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. On average, analysts forecast that Dunkin’ Brands Group, Inc. will post $2.43 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Monday, August 28th were issued a $0.3225 dividend. This represents a $1.29 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend was Thursday, August 24th. Dunkin’ Brands Group’s dividend payout ratio (DPR) is currently 56.33%.

A number of research analysts have weighed in on the stock. Argus raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and lifted their price target for the company from $58.84 to $68.00 in a research note on Tuesday, June 6th. Mizuho assumed coverage on shares of Dunkin’ Brands Group in a research note on Thursday, June 8th. They issued a “neutral” rating and a $56.00 price target on the stock. Barclays PLC lifted their price target on shares of Dunkin’ Brands Group from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Wednesday, May 31st. BidaskClub lowered shares of Dunkin’ Brands Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Bank of America Corporation reaffirmed a “neutral” rating and issued a $62.00 price target (up previously from $60.00) on shares of Dunkin’ Brands Group in a research note on Tuesday, June 13th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the stock. Dunkin’ Brands Group currently has a consensus rating of “Hold” and an average price target of $57.95.

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In related news, SVP Karen Raskopf sold 33,000 shares of Dunkin’ Brands Group stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $52.80, for a total value of $1,742,400.00. Following the completion of the sale, the senior vice president now owns 33,000 shares of the company’s stock, valued at approximately $1,742,400. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 3.10% of the company’s stock.

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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