Hemenway Trust Co LLC Has $313,000 Stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN)

Hemenway Trust Co LLC continued to hold its stake in shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,674 shares of the restaurant operator’s stock at the end of the second quarter. Hemenway Trust Co LLC’s holdings in Dunkin’ Brands Group were worth $313,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in DNKN. US Bancorp DE boosted its stake in shares of 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 in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Dunkin’ Brands Group by 0.7% in the first quarter. Proficio Capital Partners LLC now owns 10,459 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 73 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares during the last quarter. Creative Planning increased its position in shares of Dunkin’ Brands Group by 1.6% in the first quarter. Creative Planning now owns 8,954 shares of the restaurant operator’s stock valued at $490,000 after buying an additional 140 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Dunkin’ Brands Group by 3.9% in the first quarter. PNC Financial Services Group Inc. now owns 7,006 shares of the restaurant operator’s stock valued at $382,000 after buying an additional 266 shares during the last quarter. Hedge funds and other institutional investors own 97.91% of the company’s stock.

Dunkin’ Brands Group, Inc. (DNKN) traded down 1.56% on Friday, hitting $52.41. 1,011,069 shares of the company’s stock were exchanged. The company has a market cap of $4.73 billion, a PE ratio of 22.99 and a beta of 0.21. The company’s 50-day moving average price is $53.65 and its 200-day moving average price is $54.93. Dunkin’ Brands Group, Inc. has a 12-month low of $46.55 and a 12-month high of $59.70.

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the 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 during the quarter, compared to the consensus estimate of $220.77 million. During the same quarter in the previous year, the firm earned $0.57 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. Analysts forecast that Dunkin’ Brands Group, Inc. will post $2.43 earnings per share 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 $0.3225 dividend. The ex-dividend date of this dividend is Thursday, August 24th. This represents a $1.29 annualized dividend and a yield of 2.46%. Dunkin’ Brands Group’s dividend payout ratio (DPR) is 56.33%.

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DNKN has been the topic of several analyst reports. Zacks Investment Research upgraded 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. Bank of America Corporation reiterated a “neutral” rating and set a $62.00 price target (up from $60.00) on shares of Dunkin’ Brands Group in a report on Tuesday, June 13th. BMO Capital Markets upped their price target on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the company a “market perform” rating in a report on Friday, May 5th. Royal Bank Of Canada upgraded shares of Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $54.00 to $64.00 in a report on Monday, May 1st. Finally, BidaskClub downgraded shares of Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. Dunkin’ Brands Group currently has an average rating of “Hold” and a consensus target price of $57.72.

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 value of $1,742,400.00. Following the completion of the sale, the senior vice president now owns 33,000 shares in the company, valued at approximately $1,742,400. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is owned by corporate insiders.

Dunkin’ Brands Group Company Profile

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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