IFP Advisors Inc decreased its position in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 3.3% during the second quarter, Holdings Channel reports. The institutional investor owned 15,082 shares of the restaurant operator’s stock after selling 510 shares during the period. IFP Advisors Inc’s holdings in Dunkin’ Brands Group were worth $831,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its stake in Dunkin’ Brands Group by 6.9% in the second quarter. Stratos Wealth Partners LTD. now owns 4,927 shares of the restaurant operator’s stock worth $272,000 after buying an additional 319 shares in the last quarter. Sei Investments Co. raised its stake in Dunkin’ Brands Group by 3.3% in the second quarter. Sei Investments Co. now owns 452,872 shares of the restaurant operator’s stock worth $24,963,000 after buying an additional 14,491 shares during the period. First Manhattan Co. raised its stake in Dunkin’ Brands Group by 39.0% in the second quarter. First Manhattan Co. now owns 1,366,963 shares of the restaurant operator’s stock worth $75,347,000 after buying an additional 383,460 shares during the period. Texas Permanent School Fund raised its stake in Dunkin’ Brands Group by 1.1% in the second quarter. Texas Permanent School Fund now owns 67,285 shares of the restaurant operator’s stock worth $3,709,000 after buying an additional 721 shares during the period. Finally, World Asset Management Inc raised its stake in 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 worth $368,000 after buying an additional 190 shares during the period. 96.88% of the stock is owned by institutional investors.

Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at 53.37 on Thursday. Dunkin’ Brands Group, Inc. has a 52 week low of $46.48 and a 52 week high of $59.70. The stock has a 50 day moving average of $54.06 and a 200 day moving average of $54.90. The firm has a market cap of $4.87 billion, a P/E ratio of 23.41 and a beta of 0.21.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Monday, August 28th will be issued a dividend of $0.3225 per share. This represents a $1.29 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Thursday, August 24th. Dunkin’ Brands Group’s payout ratio is presently 56.33%.

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DNKN has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a research report on Wednesday, April 12th. Royal Bank Of Canada raised shares of Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $54.00 to $64.00 in a research report on Monday, May 1st. Maxim Group increased their price target on shares of Dunkin’ Brands Group from $61.00 to $64.00 and gave the stock a “buy” rating in a research report on Monday, May 1st. Wedbush reissued a “hold” rating and issued a $54.00 price target on shares of Dunkin’ Brands Group in a research report on Friday, May 5th. Finally, BMO Capital Markets increased their price target on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the stock a “market perform” rating in a research report on Friday, May 5th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $56.47.

In related news, SVP Karen Raskopf sold 33,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was 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 directly owns 33,000 shares of the company’s stock, valued at approximately $1,742,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.10% of the stock is currently owned by insiders.

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.

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Institutional Ownership by Quarter for Dunkin` Brands Group (NASDAQ:DNKN)

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