Semmax Financial Advisors Inc. Acquires 305 Shares of Dunkin Brands Group Inc (DNKN)

Semmax Financial Advisors Inc. raised its holdings in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 525.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 363 shares of the restaurant operator’s stock after acquiring an additional 305 shares during the quarter. Semmax Financial Advisors Inc.’s holdings in Dunkin Brands Group were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Mason Street Advisors LLC lifted its position in shares of Dunkin Brands Group by 1.6% during the first quarter. Mason Street Advisors LLC now owns 43,943 shares of the restaurant operator’s stock worth $3,300,000 after purchasing an additional 678 shares in the last quarter. Miracle Mile Advisors LLC acquired a new position in shares of Dunkin Brands Group during the first quarter worth $1,305,000. Stratos Wealth Partners LTD. acquired a new position in shares of Dunkin Brands Group during the first quarter worth $200,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of Dunkin Brands Group by 2.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 62,007 shares of the restaurant operator’s stock worth $4,657,000 after purchasing an additional 1,649 shares in the last quarter. Finally, Blue Sky Asset Management LLC acquired a new position in shares of Dunkin Brands Group during the first quarter worth $225,000. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Shares of NASDAQ:DNKN traded up $0.48 during midday trading on Tuesday, reaching $74.85. The company had a trading volume of 15,626 shares, compared to its average volume of 782,184. The firm has a market cap of $6.15 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.33 and a beta of 0.47. Dunkin Brands Group Inc has a one year low of $61.69 and a one year high of $77.50.

Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.05. The business had revenue of $319.10 million during the quarter, compared to analyst estimates of $312.38 million. Dunkin Brands Group had a net margin of 17.33% and a negative return on equity of 33.52%. The business’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 earnings per share. As a group, analysts forecast that Dunkin Brands Group Inc will post 3 earnings per share for the current fiscal 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 paid a $0.375 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.00%. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 51.72%.

In other Dunkin Brands Group news, COO Scott Murphy sold 29,709 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $74.51, for a total value of $2,213,617.59. Following the completion of the sale, the chief operating officer now directly owns 11,882 shares of the company’s stock, valued at approximately $885,327.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Katherine D. Jaspon sold 4,894 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $74.94, for a total transaction of $366,756.36. Following the sale, the chief financial officer now directly owns 6,674 shares of the company’s stock, valued at $500,149.56. The disclosure for this sale can be found here. In the last quarter, insiders have sold 54,641 shares of company stock valued at $4,077,689. 1.70% of the stock is owned by insiders.

A number of research analysts have recently commented on DNKN shares. UBS Group set a $72.00 target price on shares of Dunkin Brands Group and gave the stock a “hold” rating in a research report on Friday, May 3rd. Maxim Group reissued a “buy” rating and set a $79.00 target price (down from $83.00) on shares of Dunkin Brands Group in a research report on Friday, February 8th. BMO Capital Markets reduced their target price on shares of Dunkin Brands Group to $75.00 and set an “outperform” rating on the stock in a research report on Friday, February 8th. OTR Global cut shares of Dunkin Brands Group to a “positive” rating in a research report on Friday, January 25th. Finally, Citigroup reduced their target price on shares of Dunkin Brands Group from $87.00 to $82.00 and set a “buy” rating on the stock in a research report on Thursday, February 14th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and five have given a buy rating to the stock. Dunkin Brands Group has a consensus rating of “Hold” and an average price target of $70.05.

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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.

See Also: Insider Trading

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

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