Keybank National Association OH decreased its holdings in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 15.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,000 shares of the restaurant operator’s stock after selling 3,575 shares during the quarter. Keybank National Association OH’s holdings in Dunkin Brands Group were worth $1,514,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Jackson Square Partners LLC lifted its holdings in shares of Dunkin Brands Group by 7.4% during the first quarter. Jackson Square Partners LLC now owns 1,850,486 shares of the restaurant operator’s stock worth $138,971,000 after buying an additional 128,079 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Dunkin Brands Group by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 840,132 shares of the restaurant operator’s stock worth $53,868,000 after buying an additional 53,768 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Dunkin Brands Group by 1.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 580,297 shares of the restaurant operator’s stock worth $37,207,000 after buying an additional 10,707 shares in the last quarter. Jennison Associates LLC lifted its holdings in shares of Dunkin Brands Group by 11.0% during the first quarter. Jennison Associates LLC now owns 510,892 shares of the restaurant operator’s stock worth $38,368,000 after buying an additional 50,481 shares in the last quarter. Finally, BTIM Corp. lifted its holdings in shares of Dunkin Brands Group by 0.7% during the second quarter. BTIM Corp. now owns 385,469 shares of the restaurant operator’s stock worth $30,706,000 after buying an additional 2,840 shares in the last quarter. 88.05% of the stock is owned by institutional investors and hedge funds.

In other news, insider John L. Clare sold 12,577 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $80.60, for a total transaction of $1,013,706.20. Following the sale, the insider now directly owns 33,622 shares in the company, valued at $2,709,933.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Nigel Travis sold 61,706 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $81.48, for a total value of $5,027,804.88. Following the sale, the director now owns 166,081 shares in the company, valued at $13,532,279.88. The disclosure for this sale can be found here. In the last quarter, insiders sold 95,077 shares of company stock worth $7,726,657. Company insiders own 1.70% of the company’s stock.

A number of research firms have recently weighed in on DNKN. Goldman Sachs Group began coverage on Dunkin Brands Group in a report on Monday, July 29th. They set a “neutral” rating and a $85.00 target price for the company. Maxim Group reissued a “hold” rating and set a $79.00 target price on shares of Dunkin Brands Group in a report on Tuesday, July 30th. Wells Fargo & Co lifted their target price on Dunkin Brands Group from $68.00 to $78.00 and gave the stock a “market perform” rating in a report on Monday, July 15th. Argus raised Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a report on Wednesday, August 7th. Finally, BidaskClub raised Dunkin Brands Group from a “sell” rating to a “hold” rating in a report on Saturday, July 27th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $78.11.

DNKN stock traded up $0.33 during midday trading on Friday, reaching $82.84. The company had a trading volume of 980,500 shares, compared to its average volume of 726,231. The company has a market capitalization of $6.83 billion, a price-to-earnings ratio of 28.57, a price-to-earnings-growth ratio of 2.49 and a beta of 0.46. The stock has a 50 day moving average price of $81.03 and a 200-day moving average price of $75.73. Dunkin Brands Group Inc has a 1-year low of $61.69 and a 1-year high of $84.42.

Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.86 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.04. The business had revenue of $359.30 million during the quarter, compared to the consensus estimate of $360.32 million. Dunkin Brands Group had a negative return on equity of 36.53% and a net margin of 17.15%. Dunkin Brands Group’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 earnings per share. Research analysts anticipate that Dunkin Brands Group Inc will post 3.05 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Tuesday, September 3rd will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Friday, August 30th. Dunkin Brands Group’s dividend payout ratio is presently 51.72%.

About Dunkin Brands Group

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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

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