Commerzbank Aktiengesellschaft FI increased its position in Dunkin Brands Group Inc (NASDAQ:DNKN) by 57.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,957 shares of the restaurant operator’s stock after buying an additional 2,168 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Dunkin Brands Group were worth $316,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DNKN. US Bancorp DE lifted its holdings in shares of Dunkin Brands Group by 8.2% in the second quarter. US Bancorp DE now owns 3,792 shares of the restaurant operator’s stock valued at $209,000 after buying an additional 287 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Dunkin Brands Group by 117.3% in the second quarter. Russell Investments Group Ltd. now owns 6,651 shares of the restaurant operator’s stock valued at $366,000 after buying an additional 3,590 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of Dunkin Brands Group by 0.7% in the second quarter. Great West Life Assurance Co. Can now owns 55,187 shares of the restaurant operator’s stock valued at $3,041,000 after buying an additional 396 shares during the period. World Asset Management Inc lifted its holdings in shares of Dunkin Brands Group by 2.9% in the second quarter. World Asset Management Inc now owns 6,685 shares of the restaurant operator’s stock valued at $368,000 after buying an additional 190 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Dunkin Brands Group by 6.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 371,433 shares of the restaurant operator’s stock valued at $20,474,000 after buying an additional 21,304 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

DNKN has been the subject of several research analyst reports. Maxim Group restated a “buy” rating and issued a $64.00 price objective on shares of Dunkin Brands Group in a report on Tuesday, October 17th. Zacks Investment Research upgraded Dunkin Brands Group from a “sell” rating to a “hold” rating in a report on Monday, October 16th. BidaskClub upgraded Dunkin Brands Group from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Wedbush restated a “hold” rating and issued a $56.00 price objective on shares of Dunkin Brands Group in a report on Friday, October 27th. Finally, Robert W. Baird set a $66.00 price objective on Dunkin Brands Group and gave the company a “buy” rating in a report on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $58.58.

Shares of Dunkin Brands Group Inc (DNKN) opened at $60.34 on Tuesday. Dunkin Brands Group Inc has a fifty-two week low of $50.26 and a fifty-two week high of $61.54. The company has a market capitalization of $5,460.00, a price-to-earnings ratio of 24.82, a PEG ratio of 1.88 and a beta of 0.30. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of -13.82.

Dunkin Brands Group (NASDAQ:DNKN) last announced its 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 company had revenue of $224.20 million for the quarter, compared to analysts’ expectations of $214.60 million. During the same period in the prior year, the company earned $0.60 earnings per share. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. sell-side analysts anticipate that Dunkin Brands Group Inc will post 2.42 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Investors of record on Monday, November 27th were given a dividend of $0.322 per share. This represents a $1.29 annualized dividend and a yield of 2.13%. The ex-dividend date was Friday, November 24th. Dunkin Brands Group’s payout ratio is 56.33%.

Dunkin Brands Group declared that its board has authorized a stock repurchase plan on Thursday, October 26th that allows the company to buyback $650.00 million in outstanding shares. This buyback authorization allows the restaurant operator to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

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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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