Thrivent Financial for Lutherans grew its position in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,177 shares of the restaurant operator’s stock after buying an additional 1,155 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Dunkin Brands Group were worth $1,358,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund raised its position in shares of Dunkin Brands Group by 6,312.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,073,384 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 2,041,048 shares during the period. Arrow Financial Corp increased its holdings in Dunkin Brands Group by 430.0% in the 4th quarter. Arrow Financial Corp now owns 530 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 430 shares during the last quarter. Bruderman Asset Management LLC bought a new stake in Dunkin Brands Group in the 4th quarter valued at $36,000. Tributary Capital Management LLC bought a new stake in Dunkin Brands Group in the 4th quarter valued at $48,000. Finally, Bremer Trust National Association bought a new stake in Dunkin Brands Group in the 4th quarter valued at $49,000. Hedge funds and other institutional investors own 93.99% of the company’s stock.
Shares of DNKN opened at $75.40 on Friday. Dunkin Brands Group Inc has a 1-year low of $60.34 and a 1-year high of $77.36. The stock has a market cap of $6.23 billion, a P/E ratio of 26.00, a P/E/G ratio of 2.33 and a beta of 0.49.
DNKN has been the topic of a number of research reports. Zacks Investment Research reiterated a “buy” rating and issued a $74.00 price target on shares of Dunkin Brands Group in a report on Monday, December 31st. Maxim Group reissued a “buy” rating and issued a $83.00 price objective on shares of Dunkin Brands Group in a research note on Wednesday, January 9th. BidaskClub raised shares of Dunkin Brands Group from a “hold” rating to a “buy” rating in a research note on Thursday, January 10th. OTR Global cut shares of Dunkin Brands Group to a “positive” rating in a research note on Friday, January 25th. Finally, BMO Capital Markets dropped their price objective on shares of Dunkin Brands Group to $75.00 and set an “outperform” rating for the company in a research note on Friday, February 8th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and five have issued a buy rating to the company. Dunkin Brands Group presently has an average rating of “Hold” and an average target price of $70.05.
In other news, insider John L. Clare sold 17,129 shares of the business’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $69.00, for a total value of $1,181,901.00. Following the completion of the sale, the insider now owns 36,776 shares in the company, valued at approximately $2,537,544. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.70% of the company’s stock.
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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 five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.
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