Great West Life Assurance Co. Can lowered its position in Dunkin Brands Group Inc (NASDAQ:DNKN) by 2.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 47,777 shares of the restaurant operator’s stock after selling 1,040 shares during the period. Great West Life Assurance Co. Can owned 0.06% of Dunkin Brands Group worth $3,300,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in shares of Dunkin Brands Group by 34.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,118 shares of the restaurant operator’s stock worth $629,000 after acquiring an additional 2,354 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Dunkin Brands Group by 7.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 569,154 shares of the restaurant operator’s stock worth $39,312,000 after acquiring an additional 41,318 shares during the last quarter. Brown Advisory Inc. acquired a new stake in shares of Dunkin Brands Group in the 2nd quarter worth $208,000. GAM Holding AG acquired a new stake in shares of Dunkin Brands Group in the 2nd quarter worth $200,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Dunkin Brands Group in the 2nd quarter worth $202,000. Institutional investors own 99.25% of the company’s stock.

Shares of NASDAQ:DNKN traded down $0.15 during midday trading on Friday, reaching $71.33. 506,634 shares of the company’s stock were exchanged, compared to its average volume of 1,007,737. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 29.35, a PEG ratio of 2.18 and a beta of 0.35. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of -3.72. Dunkin Brands Group Inc has a fifty-two week low of $53.68 and a fifty-two week high of $77.13.

Dunkin Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, July 26th. The restaurant operator reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.03. The company had revenue of $350.64 million during the quarter, compared to the consensus estimate of $343.38 million. Dunkin Brands Group had a negative return on equity of 50.62% and a net margin of 32.48%. Dunkin Brands Group’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. As a group, equities research analysts predict that Dunkin Brands Group Inc will post 2.72 earnings per share for the current fiscal year.

A number of analysts have issued reports on the company. BidaskClub raised Dunkin Brands Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 7th. Citigroup raised their target price on Dunkin Brands Group from $74.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 19th. BMO Capital Markets raised their target price on Dunkin Brands Group from $69.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, July 27th. Longbow Research raised Dunkin Brands Group from a “sell” rating to a “neutral” rating and set a $35.00 target price for the company in a research note on Monday, July 9th. Finally, Zacks Investment Research raised Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research note on Wednesday, June 27th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $67.77.

In other Dunkin Brands Group news, SVP Jason Maceda sold 7,103 shares of Dunkin Brands Group stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $71.89, for a total value of $510,634.67. Following the completion of the transaction, the senior vice president now directly owns 3,771 shares of the company’s stock, valued at approximately $271,097.19. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Katherine D. Jaspon sold 8,300 shares of Dunkin Brands Group stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $70.92, for a total value of $588,636.00. Following the completion of the transaction, the chief financial officer now owns 10,715 shares of the company’s stock, valued at approximately $759,907.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 739,693 shares of company stock valued at $51,896,387. 3.00% of the stock is currently owned by corporate insiders.

Dunkin Brands Group Company Profile

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.

Further Reading: Why do companies issue stock splits?

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

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