Louisiana State Employees Retirement System Purchases 200 Shares of Dunkin Brands Group Inc (DNKN)

Louisiana State Employees Retirement System raised its holdings in Dunkin Brands Group Inc (NASDAQ:DNKN) by 0.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,100 shares of the restaurant operator’s stock after acquiring an additional 200 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Dunkin Brands Group were worth $1,660,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. lifted its position in Dunkin Brands Group by 5.6% during the 4th quarter. BlackRock Inc. now owns 7,659,515 shares of the restaurant operator’s stock valued at $491,126,000 after purchasing an additional 406,993 shares during the period. Vanguard Group Inc. increased its stake in shares of Dunkin Brands Group by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,317,088 shares of the restaurant operator’s stock valued at $539,415,000 after acquiring an additional 207,003 shares during the last quarter. Vanguard Group Inc increased its stake in shares of Dunkin Brands Group by 2.9% in the 3rd quarter. Vanguard Group Inc now owns 7,317,088 shares of the restaurant operator’s stock valued at $539,415,000 after acquiring an additional 207,003 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Dunkin Brands Group by 6,312.0% in 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 acquiring an additional 2,041,048 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Dunkin Brands Group by 5.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,139,525 shares of the restaurant operator’s stock valued at $84,007,000 after acquiring an additional 59,797 shares during the last quarter. Hedge funds and other institutional investors own 93.71% of the company’s stock.

In related news, insider John L. Clare sold 17,129 shares of the firm’s stock in a transaction on Thursday, February 14th. The stock was sold at an average price of $69.00, for a total value of $1,181,901.00. Following the transaction, the insider now owns 36,776 shares in the company, valued at $2,537,544. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Scott Murphy sold 10,011 shares of Dunkin Brands Group stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $74.53, for a total value of $746,119.83. Following the completion of the transaction, the chief operating officer now owns 20,233 shares in the company, valued at approximately $1,507,965.49. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by company insiders.

Dunkin Brands Group stock traded down $0.08 during mid-day trading on Thursday, hitting $73.70. 656,100 shares of the company’s stock traded hands, compared to its average volume of 794,456. Dunkin Brands Group Inc has a fifty-two week low of $61.69 and a fifty-two week high of $77.50. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 2.31 and a beta of 0.47.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.05. The business had revenue of $319.10 million during the quarter, compared to the consensus estimate of $312.38 million. Dunkin Brands Group had a negative return on equity of 33.52% and a net margin of 17.33%. The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS. As a group, sell-side analysts expect that Dunkin Brands Group Inc will post 2.98 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Monday, June 3rd will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Friday, May 31st. Dunkin Brands Group’s payout ratio is currently 51.72%.

DNKN has been the subject of a number of recent analyst reports. Maxim Group reaffirmed a “buy” rating and issued a $79.00 price target (down from $83.00) on shares of Dunkin Brands Group in a research note on Friday, February 8th. BMO Capital Markets lowered their price target on Dunkin Brands Group to $75.00 and set an “outperform” rating for the company in a research note on Friday, February 8th. BidaskClub cut Dunkin Brands Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 16th. OTR Global cut Dunkin Brands Group to a “positive” rating in a research note on Friday, January 25th. Finally, Citigroup lowered their target price on Dunkin Brands Group from $87.00 to $82.00 and set a “buy” rating for the company in a research note on Thursday, February 14th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $70.05.

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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.

Read More: Net Income

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

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