Janney Montgomery Scott LLC increased its stake in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 1.0% during the second quarter, Holdings Channel reports. The institutional investor owned 25,731 shares of the restaurant operator’s stock after buying an additional 249 shares during the period. Janney Montgomery Scott LLC’s holdings in Dunkin’ Brands Group were worth $1,418,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Janus Capital Management LLC boosted its stake in Dunkin’ Brands Group by 8.4% in the first quarter. Janus Capital Management LLC now owns 9,701,300 shares of the restaurant operator’s stock valued at $530,467,000 after buying an additional 754,740 shares in the last quarter. BlackRock Inc. boosted its stake in Dunkin’ Brands Group by 13,874.6% in the first quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator’s stock valued at $392,023,000 after buying an additional 7,118,061 shares in the last quarter. Vanguard Group Inc. boosted its stake in Dunkin’ Brands Group by 4.6% in the first quarter. Vanguard Group Inc. now owns 7,161,989 shares of the restaurant operator’s stock valued at $391,619,000 after buying an additional 317,076 shares in the last quarter. State Street Corp boosted its stake in Dunkin’ Brands Group by 2.8% in the first quarter. State Street Corp now owns 2,321,477 shares of the restaurant operator’s stock valued at $126,937,000 after buying an additional 63,426 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Dunkin’ Brands Group by 4.7% in the first quarter. Bank of New York Mellon Corp now owns 1,169,157 shares of the restaurant operator’s stock valued at $63,929,000 after buying an additional 52,786 shares in the last quarter. 96.88% of the stock is owned by hedge funds and other institutional investors.

Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) opened at 53.37 on Thursday. The stock’s 50 day moving average price is $54.06 and its 200 day moving average price is $54.90. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 23.41 and a beta of 0.21. Dunkin’ Brands Group, Inc. has a 52-week low of $46.48 and a 52-week high of $59.70.

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

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

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Several equities research analysts recently commented on DNKN shares. Maxim Group increased their price target on Dunkin’ Brands Group from $61.00 to $64.00 and gave the company a “buy” rating in a report on Monday, May 1st. BidaskClub raised Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Royal Bank Of Canada raised Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $54.00 to $64.00 in a report on Monday, May 1st. BMO Capital Markets increased their price target on Dunkin’ Brands Group from $46.00 to $52.00 and gave the company a “market perform” rating in a report on Monday, May 15th. Finally, Zacks Investment Research raised Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a report on Monday, July 17th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $56.47.

In related news, SVP Karen Raskopf sold 33,000 shares of the company’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 completion of the sale, the senior vice president now directly owns 33,000 shares of the company’s stock, valued at approximately $1,742,400. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is currently owned by corporate 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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