Northwestern Mutual Investment Management Company LLC lowered its stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,816 shares of the restaurant operator’s stock after selling 28 shares during the quarter. Northwestern Mutual Investment Management Company LLC’s holdings in Dunkin’ Brands Group were worth $690,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. lifted its position in shares of 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 worth $167,000 after purchasing an additional 109 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of 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 worth $172,000 after purchasing an additional 336 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of 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 worth $183,000 after purchasing an additional 259 shares in the last quarter. US Bancorp DE lifted its position in shares of Dunkin’ Brands Group by 1.8% during the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock worth $191,000 after purchasing an additional 63 shares in the last quarter. Finally, Boston Advisors LLC acquired a new stake in shares of Dunkin’ Brands Group during the second quarter worth about $202,000. 92.77% of the stock is currently owned by institutional investors.

DNKN has been the topic of several research reports. BidaskClub raised shares of Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. BMO Capital Markets increased their price target on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the stock a “market perform” rating in a research report on Monday, May 15th. Zacks Investment Research raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Monday, July 17th. Mizuho initiated coverage on shares of Dunkin’ Brands Group in a research report on Thursday, June 8th. They set a “neutral” rating and a $56.00 price target on the stock. Finally, JMP Securities increased their price target on shares of Dunkin’ Brands Group from $59.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 6th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $57.95.

In other news, SVP Karen Raskopf sold 33,000 shares of the business’s stock in a transaction that occurred on 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 directly owns 33,000 shares in the company, valued at approximately $1,742,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is owned by insiders.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/11/dunkin-brands-group-inc-dnkn-holdings-reduced-by-northwestern-mutual-investment-management-company-llc.html.

Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at 51.33 on Monday. Dunkin’ Brands Group, Inc. has a 52 week low of $46.55 and a 52 week high of $59.70. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 22.51 and a beta of 0.23. The firm has a 50-day moving average of $52.75 and a 200 day moving average of $54.83.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $220.77 million. During the same period in the previous year, the business earned $0.57 EPS. Dunkin’ Brands Group’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, analysts anticipate that Dunkin’ Brands Group, Inc. will post $2.43 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Monday, August 28th were issued a dividend of $0.3225 per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a $1.29 annualized dividend and a yield of 2.51%. Dunkin’ Brands Group’s dividend payout ratio is presently 56.33%.

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)

Receive News & Stock Ratings for Dunkin' Brands Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin' Brands Group Inc. and related stocks with our FREE daily email newsletter.