CLS Investments LLC boosted its stake in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 8.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,675 shares of the restaurant operator’s stock after acquiring an additional 1,670 shares during the period. CLS Investments LLC’s holdings in Dunkin’ Brands Group were worth $1,204,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Boothbay Fund Management LLC purchased a new position in Dunkin’ Brands Group during the third quarter valued at $274,000. Jackson Square Partners LLC grew its stake in shares of Dunkin’ Brands Group by 2.9% in the 3rd quarter. Jackson Square Partners LLC now owns 1,770,558 shares of the restaurant operator’s stock worth $93,981,000 after buying an additional 50,204 shares in the last quarter. Magnetar Financial LLC purchased a new position in shares of Dunkin’ Brands Group in the 3rd quarter worth $877,000. Engineers Gate Manager LP purchased a new position in shares of Dunkin’ Brands Group in the 3rd quarter worth $2,062,000. Finally, HS Management Partners LLC purchased a new position in shares of Dunkin’ Brands Group in the 3rd quarter worth $17,590,000. 90.78% of the stock is owned by institutional investors.

Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at $60.30 on Friday. Dunkin’ Brands Group, Inc. has a twelve month low of $50.26 and a twelve month high of $61.54. The company has a debt-to-equity ratio of -13.82, a current ratio of 1.43 and a quick ratio of 1.43. The company has a market cap of $5,470.00, a PE ratio of 24.70, a PEG ratio of 1.87 and a beta of 0.30.

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

Dunkin’ Brands Group announced that its board has approved a stock repurchase plan on Thursday, October 26th that allows the company to repurchase $650.00 million in shares. This repurchase authorization allows the restaurant operator to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Monday, November 27th were issued a $0.322 dividend. The ex-dividend date of this dividend was Friday, November 24th. This represents a $1.29 annualized dividend and a dividend yield of 2.14%. Dunkin’ Brands Group’s dividend payout ratio is currently 56.33%.

A number of equities analysts have commented on the stock. Mizuho cut shares of Dunkin’ Brands Group from a “neutral” rating to an “underperform” rating and set a $56.00 price objective for the company. 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. Cowen reissued a “hold” rating and issued a $55.00 price objective on shares of Dunkin’ Brands Group in a research note on Friday, October 27th. Maxim Group reissued a “buy” rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a research note on Thursday, October 26th. Finally, BidaskClub cut shares of Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 17th. 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. Dunkin’ Brands Group has an average rating of “Hold” and a consensus price target of $58.58.

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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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