Piedmont Investment Advisors LLC raised its stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 43.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,933 shares of the restaurant operator’s stock after buying an additional 10,879 shares during the period. Piedmont Investment Advisors LLC’s holdings in Dunkin’ Brands Group were worth $1,981,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DNKN. IHT Wealth Management LLC bought a new position in shares of Dunkin’ Brands Group in the 2nd quarter worth $104,000. FNY Partners Fund LP increased its holdings in shares of Dunkin’ Brands Group by 13,233.3% in the 2nd quarter. FNY Partners Fund LP now owns 2,000 shares of the restaurant operator’s stock worth $110,000 after buying an additional 1,985 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Dunkin’ Brands Group by 3.7% in the 1st quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock worth $167,000 after buying an additional 109 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Dunkin’ Brands Group by 12.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 3,114 shares of the restaurant operator’s stock worth $172,000 after buying an additional 336 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Dunkin’ Brands Group by 8.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,315 shares of the restaurant operator’s stock worth $183,000 after buying an additional 259 shares during the last quarter. 92.73% of the stock is currently owned by hedge funds and other institutional investors.

In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the transaction, the senior vice president now owns 33,000 shares in the company, valued at $1,742,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.10% of the company’s stock.

A number of equities analysts have recently commented on DNKN shares. Zacks Investment Research raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Monday, July 17th. Royal Bank Of Canada reissued a “buy” rating and issued a $64.00 price target on shares of Dunkin’ Brands Group in a report on Friday, July 21st. Maxim Group reissued a “buy” rating and issued a $64.00 price target on shares of Dunkin’ Brands Group in a report on Thursday, July 27th. Stephens reaffirmed an “equal weight” rating and set a $54.00 target price on shares of Dunkin’ Brands Group in a report on Wednesday, July 26th. Finally, Cowen and Company reaffirmed a “hold” rating and set a $55.00 target price on shares of Dunkin’ Brands Group in a report on Friday, September 1st. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $57.95.

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Shares of Dunkin’ Brands Group, Inc. (DNKN) traded down 0.52% during midday trading on Monday, reaching $55.18. 96,730 shares of the company’s stock traded hands. The company has a market capitalization of $4.98 billion, a price-to-earnings ratio of 24.20 and a beta of 0.24. Dunkin’ Brands Group, Inc. has a one year low of $46.55 and a one year high of $59.70. The company has a 50-day moving average of $53.06 and a 200-day moving average of $54.51.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.02. Dunkin’ Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. The business had revenue of $218.50 million for the quarter, compared to analysts’ expectations of $220.77 million. During the same quarter in the previous year, the business posted $0.57 earnings per share. The business’s revenue was up 1.0% compared to the same quarter last year. Equities research analysts anticipate that Dunkin’ Brands Group, Inc. will post $2.43 EPS for the current year.

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 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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