Loomis Sayles & Co. L P raised its stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 12.1% during the first quarter, Holdings Channel reports. The firm owned 94,239 shares of the restaurant operator’s stock after buying an additional 10,169 shares during the period. Loomis Sayles & Co. L P’s holdings in Dunkin’ Brands Group were worth $5,153,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DNKN. Russell Investments Group Ltd. acquired a new position in Dunkin’ Brands Group during the fourth quarter valued at approximately $157,000. US Bancorp DE increased its position in Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after buying an additional 63 shares during the period. OppenheimerFunds Inc. acquired a new position in Dunkin’ Brands Group during the first quarter valued at approximately $204,000. Pinnacle Associates Ltd. acquired a new position in Dunkin’ Brands Group during the fourth quarter valued at approximately $212,000. Finally, Chicago Equity Partners LLC acquired a new position in Dunkin’ Brands Group during the first quarter valued at approximately $213,000. 94.25% of the stock is currently owned by hedge funds and other institutional investors.

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

Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) traded down 1.66% during mid-day trading on Wednesday, reaching $55.80. 467,072 shares of the company traded hands. Dunkin’ Brands Group, Inc. has a 12-month low of $41.29 and a 12-month high of $59.70. The firm has a market capitalization of $5.14 billion, a P/E ratio of 25.14 and a beta of 0.23. The company’s 50 day moving average price is $56.93 and its 200 day moving average price is $54.64.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, May 4th. The restaurant operator reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. Dunkin’ Brands Group had a negative return on equity of 133.92% and a net margin of 24.81%. The business had revenue of $190.70 million for the quarter, compared to the consensus estimate of $192.36 million. During the same quarter in the prior year, the company earned $0.44 EPS. The business’s revenue was up .5% compared to the same quarter last year. Equities research analysts predict that Dunkin’ Brands Group, Inc. will post $2.43 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 14th. Stockholders of record on Monday, June 5th were given a dividend of $0.3225 per share. This represents a $1.29 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Thursday, June 1st. Dunkin’ Brands Group’s payout ratio is 57.85%.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.watchlistnews.com/loomis-sayles-co-l-p-has-5-15-million-position-in-dunkin-brands-group-inc-dnkn/1381506.html.

Several research firms have commented on DNKN. Bank of America Corporation reissued a “neutral” rating and set a $62.00 price target (up from $60.00) on shares of Dunkin’ Brands Group in a research note on Tuesday, June 13th. Maxim Group reissued a “buy” rating on shares of Dunkin’ Brands Group in a research note on Monday, April 10th. Cowen and Company reissued a “market perform” rating on shares of Dunkin’ Brands Group in a research note on Friday, March 24th. Barclays PLC lifted their price target on shares of Dunkin’ Brands Group from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 31st. Finally, Argus raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $58.84 to $68.00 in a research note on Tuesday, June 6th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $55.59.

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.

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.