SG Americas Securities LLC Has $500,000 Holdings in Dunkin Brands Group Inc (DNKN)

SG Americas Securities LLC trimmed its stake in Dunkin Brands Group Inc (NASDAQ:DNKN) by 71.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,664 shares of the restaurant operator’s stock after selling 16,653 shares during the quarter. SG Americas Securities LLC’s holdings in Dunkin Brands Group were worth $500,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Advisory Services Network LLC boosted its holdings in Dunkin Brands Group by 24.4% in the fourth quarter. Advisory Services Network LLC now owns 755 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 148 shares in the last quarter. Boston Advisors LLC lifted its holdings in shares of Dunkin Brands Group by 4.9% during the fourth quarter. Boston Advisors LLC now owns 4,085 shares of the restaurant operator’s stock valued at $262,000 after purchasing an additional 190 shares in the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Dunkin Brands Group by 0.9% during the first quarter. Louisiana State Employees Retirement System now owns 22,100 shares of the restaurant operator’s stock valued at $1,660,000 after purchasing an additional 200 shares in the last quarter. NumerixS Investment Technologies Inc lifted its holdings in shares of Dunkin Brands Group by 37.2% during the fourth quarter. NumerixS Investment Technologies Inc now owns 800 shares of the restaurant operator’s stock valued at $51,000 after purchasing an additional 217 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Dunkin Brands Group by 5.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,530 shares of the restaurant operator’s stock valued at $355,000 after purchasing an additional 281 shares in the last quarter. 90.52% of the stock is currently owned by institutional investors and hedge funds.

DNKN stock traded up $0.17 during trading on Friday, reaching $73.83. The stock had a trading volume of 1,491 shares, compared to its average volume of 777,887. Dunkin Brands Group Inc has a 52 week low of $61.69 and a 52 week high of $77.50. The company has a market cap of $6.09 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 2.31 and a beta of 0.47.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Monday, June 3rd will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Friday, May 31st. Dunkin Brands Group’s dividend payout ratio is 51.72%.

A number of research analysts have recently issued reports on the company. Maxim Group downgraded Dunkin Brands Group from a “buy” rating to a “hold” rating and set a $79.00 price target on the stock. in a report on Monday, April 22nd. BidaskClub raised Dunkin Brands Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 14th. Argus downgraded Dunkin Brands Group from a “buy” rating to a “hold” rating and set a $68.92 price target on the stock. in a report on Thursday, February 14th. Oppenheimer assumed coverage on Dunkin Brands Group in a report on Tuesday, March 26th. They set a “market perform” rating on the stock. Finally, UBS Group set a $72.00 price target on Dunkin Brands Group and gave the company a “hold” rating in a report on Friday, February 8th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $70.05.

In other Dunkin Brands Group news, insider John L. Clare sold 8,367 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $75.00, for a total value of $627,525.00. Following the transaction, the insider now owns 29,412 shares of the company’s stock, valued at $2,205,900. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Scott Murphy sold 29,709 shares of the 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 transaction, the chief operating officer now directly owns 11,882 shares in the company, valued at approximately $885,327.82. The disclosure for this sale can be found here. In the last three months, insiders sold 54,641 shares of company stock worth $4,077,689. 1.70% of the stock is owned by corporate insiders.

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

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