Mason Street Advisors LLC Boosts Position in Dunkin Brands Group Inc (DNKN)

Mason Street Advisors LLC boosted its stake in Dunkin Brands Group Inc (NASDAQ:DNKN) by 1.6% in the 1st quarter, Holdings Channel reports. The firm owned 43,943 shares of the restaurant operator’s stock after purchasing an additional 678 shares during the period. Mason Street Advisors LLC’s holdings in Dunkin Brands Group were worth $3,300,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. CENTRAL TRUST Co acquired a new position in shares of Dunkin Brands Group during the first quarter worth $29,000. Arrow Financial Corp grew its stake in shares of Dunkin Brands Group by 430.0% during the fourth quarter. Arrow Financial Corp now owns 530 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 430 shares in the last quarter. Bruderman Asset Management LLC acquired a new position in shares of Dunkin Brands Group during the fourth quarter worth $36,000. Tributary Capital Management LLC acquired a new position in shares of Dunkin Brands Group during the fourth quarter worth $48,000. Finally, Advisory Services Network LLC grew its stake in shares of Dunkin Brands Group by 24.4% during the fourth quarter. Advisory Services Network LLC now owns 755 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 148 shares in the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

DNKN has been the subject of a number of analyst reports. UBS Group set a $72.00 target price on shares of Dunkin Brands Group and gave the stock a “hold” rating in a research note on Friday, May 3rd. Maxim Group reiterated a “buy” rating and set a $79.00 target price (down previously from $83.00) on shares of Dunkin Brands Group in a research note on Friday, February 8th. BMO Capital Markets lowered their target price 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. OTR Global downgraded shares of Dunkin Brands Group to a “positive” rating in a research note on Friday, January 25th. Finally, Citigroup lowered their target price on shares of 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. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $70.05.

In other Dunkin Brands Group news, insider John L. Clare sold 8,367 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $627,525.00. Following the transaction, the insider now directly owns 29,412 shares in the company, valued at $2,205,900. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Scott Murphy sold 10,011 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $74.53, for a total transaction of $746,119.83. Following the transaction, the chief operating officer now owns 20,233 shares in the company, valued at $1,507,965.49. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,747 shares of company stock worth $3,710,932. Company insiders own 1.70% of the company’s stock.

Shares of NASDAQ:DNKN opened at $75.34 on Monday. Dunkin Brands Group Inc has a one year low of $61.69 and a one year high of $77.50. The stock has a market capitalization of $6.23 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 2.33 and a beta of 0.47.

Dunkin Brands Group (NASDAQ:DNKN) last announced its earnings results on Thursday, May 2nd. The restaurant operator reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.05. Dunkin Brands Group had a net margin of 17.33% and a negative return on equity of 33.52%. The business had revenue of $319.10 million during the quarter, compared to analysts’ expectations of $312.38 million. During the same period in the prior year, the company earned $0.62 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Dunkin Brands Group Inc will post 3 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.375 per share. The ex-dividend date is Friday, May 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.99%. Dunkin Brands Group’s dividend payout ratio (DPR) is 51.72%.

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About Dunkin Brands Group

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

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