Parkwood LLC decreased its stake in Dunkin’ Brands Group Inc. (NASDAQ:DNKN) by 14.8% during the second quarter, Holdings Channel reports. The firm owned 10,435 shares of the company’s stock after selling 1,806 shares during the period. Parkwood LLC’s holdings in Dunkin’ Brands Group were worth $455,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Jackson Square Partners LLC boosted its stake in shares of Dunkin’ Brands Group by 7.3% in the first quarter. Jackson Square Partners LLC now owns 3,619,237 shares of the company’s stock worth $170,719,000 after buying an additional 247,432 shares during the period. Davis R M Inc. boosted its stake in shares of Dunkin’ Brands Group by 7.1% in the second quarter. Davis R M Inc. now owns 783,550 shares of the company’s stock worth $34,178,000 after buying an additional 51,812 shares during the period. Apex Capital Management boosted its stake in shares of Dunkin’ Brands Group by 3.8% in the first quarter. Apex Capital Management now owns 738,177 shares of the company’s stock worth $34,820,000 after buying an additional 27,164 shares during the period. Douglas Lane & Associates LLC bought a new stake in shares of Dunkin’ Brands Group during the first quarter worth $30,758,000. Finally, Geode Capital Management LLC boosted its stake in shares of Dunkin’ Brands Group by 2.6% in the first quarter. Geode Capital Management LLC now owns 581,804 shares of the company’s stock worth $27,443,000 after buying an additional 14,662 shares during the period. 97.44% of the stock is owned by institutional investors and hedge funds.

Shares of Dunkin’ Brands Group Inc. (NASDAQ:DNKN) traded down 0.66% during mid-day trading on Friday, hitting $48.05. The stock had a trading volume of 1,888,048 shares. The stock has a market cap of $4.41 billion, a P/E ratio of 36.51 and a beta of 0.17. Dunkin’ Brands Group Inc. has a 12 month low of $36.44 and a 12 month high of $50.64. The firm has a 50 day moving average price of $47.46 and a 200-day moving average price of $46.32.

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Thursday, July 21st. The company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.01. Dunkin’ Brands Group had a negative return on equity of 106.20% and a net margin of 15.13%. The company had revenue of $216.30 million for the quarter, compared to analysts’ expectations of $219.88 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, equities research analysts forecast that Dunkin’ Brands Group Inc. will post $2.21 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 22nd were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, August 18th. This represents a $1.20 annualized dividend and a yield of 2.50%. Dunkin’ Brands Group’s payout ratio is currently 90.91%.

DNKN has been the subject of a number of research reports. Citigroup Inc. boosted their price target on shares of Dunkin’ Brands Group from $51.00 to $57.00 and gave the company a “buy” rating in a research report on Tuesday, September 13th. Credit Suisse Group AG reissued a “buy” rating on shares of Dunkin’ Brands Group in a research report on Monday, July 18th. BMO Capital Markets reissued a “hold” rating and issued a $46.00 price target on shares of Dunkin’ Brands Group in a research report on Friday, July 22nd. BTIG Research restated a “neutral” rating on shares of Dunkin’ Brands Group in a research note on Thursday, July 21st. Finally, Goldman Sachs Group Inc. lifted their price objective on shares of Dunkin’ Brands Group from $46.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, July 20th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $47.77.

In other Dunkin’ Brands Group news, insider William M. Mitchell sold 5,648 shares of the business’s stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of $45.87, for a total transaction of $259,073.76. Following the sale, the insider now directly owns 5,648 shares of the company’s stock, valued at $259,073.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John H. Costello sold 12,782 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $45.15, for a total value of $577,107.30. Following the sale, the insider now directly owns 19,671 shares in the company, valued at $888,145.65. The disclosure for this sale can be found here. Company insiders own 2.90% of the company’s stock.

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 its business through four segments, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

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