Caxton Associates LP cut its holdings in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 71.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,000 shares of the restaurant operator’s stock after selling 25,000 shares during the quarter. Caxton Associates LP’s holdings in Dunkin’ Brands Group were worth $551,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DNKN. Janus Henderson Group PLC acquired a new position in shares of Dunkin’ Brands Group during the 2nd quarter worth approximately $474,315,000. BlackRock Inc. increased its holdings in shares of Dunkin’ Brands Group by 13,874.6% during the 1st quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator’s stock worth $392,023,000 after acquiring an additional 7,118,061 shares during the last quarter. Janus Capital Management LLC increased its holdings in shares of Dunkin’ Brands Group by 8.4% during the 1st quarter. Janus Capital Management LLC now owns 9,701,300 shares of the restaurant operator’s stock worth $530,467,000 after acquiring an additional 754,740 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Dunkin’ Brands Group by 82.0% during the 2nd quarter. Victory Capital Management Inc. now owns 1,269,121 shares of the restaurant operator’s stock worth $69,954,000 after acquiring an additional 571,831 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of Dunkin’ Brands Group during the 1st quarter worth approximately $30,654,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

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A number of research firms recently weighed in on DNKN. BidaskClub lowered Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Stephens reaffirmed an “equal weight” rating and issued a $54.00 price objective on shares of Dunkin’ Brands Group in a report on Wednesday, July 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a report on Wednesday, August 9th. BMO Capital Markets reaffirmed a “hold” rating on shares of Dunkin’ Brands Group in a report on Wednesday, September 6th. Finally, Zacks Investment Research lowered Dunkin’ Brands Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $57.95.

In other news, SVP Karen Raskopf sold 33,000 shares of Dunkin’ Brands Group stock in a transaction 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 transaction, the senior vice president now directly owns 33,000 shares in the company, valued at $1,742,400. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by insiders.

Dunkin’ Brands Group, Inc. (NASDAQ DNKN) traded down 0.22% during mid-day trading on Wednesday, hitting $55.13. The stock had a trading volume of 98,798 shares. 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 $4.97 billion, a P/E ratio of 24.18 and a beta of 0.24. The company’s 50 day moving average is $52.79 and its 200-day moving average is $54.50.

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

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.

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

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