BlueCrest Capital Management Ltd bought a new position in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 24,464 shares of the restaurant operator’s stock, valued at approximately $1,348,000.

Several other institutional investors have also recently bought and sold shares of DNKN. Schwab Charles Investment Management Inc. increased its stake in shares of Dunkin’ Brands Group by 8.0% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 350,129 shares of the restaurant operator’s stock worth $19,146,000 after purchasing an additional 25,926 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Dunkin’ Brands Group by 40.1% during the 2nd quarter. SG Americas Securities LLC now owns 31,254 shares of the restaurant operator’s stock worth $1,723,000 after purchasing an additional 8,941 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Dunkin’ Brands Group by 0.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,172,993 shares of the restaurant operator’s stock worth $64,656,000 after purchasing an additional 3,836 shares during the last quarter. Victory Capital Management Inc. increased its stake 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 purchasing an additional 571,831 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Dunkin’ Brands Group by 73.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 23,632 shares of the restaurant operator’s stock worth $1,303,000 after purchasing an additional 9,974 shares during the last quarter. 92.73% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at 56.22 on Friday. Dunkin’ Brands Group, Inc. has a 12-month low of $46.55 and a 12-month high of $59.70. The stock’s 50 day moving average is $52.95 and its 200-day moving average is $54.53. The company has a market capitalization of $5.07 billion, a P/E ratio of 24.66 and a beta of 0.24.

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, 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 net margin of 25.48% and a negative return on equity of 141.72%. Dunkin’ Brands Group’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the company posted $0.57 earnings per share. Analysts anticipate that Dunkin’ Brands Group, Inc. will post $2.43 earnings per share for the current year.

Several brokerages have recently issued reports on DNKN. BMO Capital Markets restated a “hold” rating on shares of Dunkin’ Brands Group in a research note on Wednesday, September 6th. Maxim Group restated a “buy” rating and set a $64.00 price target on shares of Dunkin’ Brands Group in a research note on Thursday, July 27th. Royal Bank Of Canada restated an “outperform” rating and set a $64.00 price target on shares of Dunkin’ Brands Group in a research note on Thursday, August 3rd. Zacks Investment Research lowered shares of Dunkin’ Brands Group from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Stephens restated an “equal weight” rating and set a $54.00 price target on shares of Dunkin’ Brands Group in a research note on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $57.95.

In related news, SVP Karen Raskopf sold 33,000 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the completion of the transaction, the senior vice president now directly owns 33,000 shares of the company’s stock, valued at $1,742,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.10% of the company’s stock.

Dunkin’ Brands Group 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.

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

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