Wagner Bowman Management Corp decreased its position in shares of Dunkin’ Brands Group Inc. (NASDAQ:DNKN) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,342 shares of the company’s stock after selling 57 shares during the period. Wagner Bowman Management Corp’s holdings in Dunkin’ Brands Group were worth $407,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Winslow Evans & Crocker Inc. raised its stake in shares of Dunkin’ Brands Group by 10.1% in the second quarter. Winslow Evans & Crocker Inc. now owns 2,714 shares of the company’s stock worth $118,000 after buying an additional 250 shares during the last quarter. CT Financial Advisors LLC raised its stake in shares of Dunkin’ Brands Group by 600.0% in the second quarter. CT Financial Advisors LLC now owns 3,150 shares of the company’s stock worth $137,000 after buying an additional 2,700 shares during the last quarter. Alpine Partners VI LLC bought a new stake in shares of Dunkin’ Brands Group during the first quarter worth $222,000. LS Investment Advisors LLC raised its stake in shares of Dunkin’ Brands Group by 64.3% in the second quarter. LS Investment Advisors LLC now owns 5,594 shares of the company’s stock worth $244,000 after buying an additional 2,190 shares during the last quarter. Finally, Mariner Wealth Advisors LLC raised its stake in shares of Dunkin’ Brands Group by 4.7% in the first quarter. Mariner Wealth Advisors LLC now owns 5,902 shares of the company’s stock worth $278,000 after buying an additional 266 shares during the last quarter. 97.44% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Dunkin’ Brands Group Inc. (NASDAQ:DNKN) traded up 1.22% during mid-day trading on Tuesday, hitting $48.29. 983,361 shares of the stock were exchanged. Dunkin’ Brands Group Inc. has a 52-week low of $36.44 and a 52-week high of $50.64. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 36.69 and a beta of 0.17. The stock has a 50-day moving average price of $47.80 and a 200 day moving average price of $46.36.

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its earnings results on Thursday, July 21st. The company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.01. Dunkin’ Brands Group had a net margin of 15.13% and a negative return on equity of 106.20%. 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 prior year, the business earned $0.50 EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. On average, equities research analysts expect that Dunkin’ Brands Group Inc. will post $2.21 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 22nd were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend was Thursday, August 18th. Dunkin’ Brands Group’s payout ratio is 90.91%.

A number of equities research analysts have recently weighed in on DNKN shares. Citigroup Inc. lifted their target price on shares of Dunkin’ Brands Group from $51.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, September 13th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Dunkin’ Brands Group in a research note on Monday, July 18th. BMO Capital Markets reissued a “hold” rating and set a $46.00 price target on shares of Dunkin’ Brands Group in a research report on Friday, July 22nd. BTIG Research reissued a “neutral” rating on shares of Dunkin’ Brands Group in a research report on Thursday, July 21st. Finally, Goldman Sachs Group Inc. lifted their price target on shares of Dunkin’ Brands Group from $46.00 to $47.00 and gave the company a “neutral” rating in a research report 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 given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $47.87.

In other Dunkin’ Brands Group news, insider William M. Mitchell sold 5,648 shares of the stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $45.87, for a total transaction of $259,073.76. Following the transaction, the insider now directly owns 5,648 shares in the company, valued at approximately $259,073.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John H. Costello sold 12,782 shares of the stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $45.15, for a total transaction of $577,107.30. Following the transaction, the insider now 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.

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

5 Day Chart for NASDAQ:DNKN

Want to see what other hedge funds are holding DNKN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dunkin’ Brands Group Inc. (NASDAQ:DNKN).

Receive News & Ratings for Dunkin' Brands Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin' Brands Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.