Deprince Race & Zollo Inc. reduced its position in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 7.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 410,358 shares of the restaurant operator’s stock after selling 34,495 shares during the quarter. Deprince Race & Zollo Inc. owned 0.45% of Dunkin’ Brands Group worth $21,782,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. IHT Wealth Management LLC acquired a new stake in Dunkin’ Brands Group during the 2nd quarter valued at $104,000. FNY Partners Fund LP raised its stake in Dunkin’ Brands Group by 13,233.3% during the 2nd quarter. FNY Partners Fund LP now owns 2,000 shares of the restaurant operator’s stock valued at $110,000 after purchasing an additional 1,985 shares during the period. Advisors Asset Management Inc. raised its stake in Dunkin’ Brands Group by 12.1% during the 2nd 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 raised its stake in Dunkin’ Brands Group by 8.5% during the 2nd 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. Finally, Boston Advisors LLC acquired a new stake in Dunkin’ Brands Group during the 2nd quarter valued at $202,000. 92.04% of the stock is currently owned by institutional investors.

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Several analysts have issued reports on the stock. Mizuho downgraded shares of Dunkin’ Brands Group from a “neutral” rating to an “underperform” rating and set a $56.00 target price on the stock. in a research note on Thursday, October 26th. BMO Capital Markets reissued a “hold” rating on shares of Dunkin’ Brands Group in a research note on Wednesday, September 6th. Maxim Group reissued a “buy” rating and set a $64.00 target price on shares of Dunkin’ Brands Group in a research note on Thursday, July 27th. Royal Bank Of Canada reissued an “outperform” rating and set a $64.00 target price on shares of Dunkin’ Brands Group in a research note on Thursday, August 3rd. Finally, Cowen and Company reissued a “hold” rating and set a $55.00 target price on shares of Dunkin’ Brands Group in a research note on Friday, October 27th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $58.58.

Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) traded up $0.23 during trading hours on Thursday, reaching $57.24. 614,500 shares of the company were exchanged, compared to its average volume of 1,304,673. The company has a market capitalization of $5,149.31, a PE ratio of 23.46, a PEG ratio of 1.77 and a beta of 0.30. Dunkin’ Brands Group, Inc. has a 12-month low of $49.65 and a 12-month high of $60.66. The company has a debt-to-equity ratio of -13.82, a current ratio of 1.43 and a quick ratio of 1.43.

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Thursday, October 26th. The restaurant operator reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.02). The business had revenue of $224.20 million during the quarter, compared to the consensus estimate of $214.60 million. Dunkin’ Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.60 earnings per share. equities analysts anticipate that Dunkin’ Brands Group, Inc. will post 2.42 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Monday, November 27th will be issued a $0.322 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Friday, November 24th. Dunkin’ Brands Group’s dividend payout ratio is presently 56.33%.

Dunkin’ Brands Group announced that its Board of Directors has initiated a share buyback program on Thursday, October 26th that allows the company to repurchase $650.00 million in shares. This repurchase authorization allows the restaurant operator to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

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.

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

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