Dunkin Brands Group (DNKN) Sees Unusually-High Trading Volume

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Dunkin Brands Group Inc (NASDAQ:DNKN) saw unusually-strong trading volume on Wednesday . Approximately 22,969 shares changed hands during mid-day trading, a decline of 96% from the previous session’s volume of 525,098 shares.The stock last traded at $75.82 and had previously closed at $76.48.

A number of analysts recently weighed in on DNKN shares. BidaskClub upgraded Dunkin Brands Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 9th. ValuEngine downgraded Dunkin Brands Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 29th. Barclays lifted their price target on Dunkin Brands Group from $70.00 to $73.00 and gave the company an “overweight” rating in a research note on Thursday, June 7th. Bank of America lifted their price target on Dunkin Brands Group from $65.00 to $69.00 and gave the company a “neutral” rating in a research note on Thursday, June 14th. Finally, Citigroup lifted their price target on Dunkin Brands Group from $74.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 19th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $67.82.

The company has a debt-to-equity ratio of -3.72, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market capitalization of $6.11 billion, a P/E ratio of 31.04, a price-to-earnings-growth ratio of 2.15 and a beta of 0.36.

Dunkin Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, July 26th. The restaurant operator reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.03. The company had revenue of $350.64 million for the quarter, compared to the consensus estimate of $343.38 million. Dunkin Brands Group had a negative return on equity of 50.62% and a net margin of 32.48%. Dunkin Brands Group’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 earnings per share. analysts expect that Dunkin Brands Group Inc will post 2.72 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 5th. Stockholders of record on Monday, August 27th will be issued a $0.3475 dividend. The ex-dividend date of this dividend is Friday, August 24th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 1.83%. Dunkin Brands Group’s dividend payout ratio (DPR) is 57.20%.

In other news, Chairman Nigel Travis sold 255,427 shares of the business’s stock in a transaction on Tuesday, July 31st. The stock was sold at an average price of $69.20, for a total value of $17,675,548.40. Following the completion of the transaction, the chairman now directly owns 530,808 shares of the company’s stock, valued at $36,731,913.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jason Maceda sold 7,103 shares of the business’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $71.89, for a total value of $510,634.67. Following the completion of the transaction, the senior vice president now directly owns 3,771 shares of the company’s stock, valued at $271,097.19. The disclosure for this sale can be found here. Over the last three months, insiders sold 739,693 shares of company stock valued at $51,896,387. Insiders own 3.00% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG raised its holdings in shares of Dunkin Brands Group by 7.2% in the first quarter. UBS Group AG now owns 978,181 shares of the restaurant operator’s stock worth $58,387,000 after acquiring an additional 65,655 shares during the last quarter. Victory Capital Management Inc. increased its stake in Dunkin Brands Group by 1,645.7% in the second quarter. Victory Capital Management Inc. now owns 839,389 shares of the restaurant operator’s stock valued at $57,976,000 after purchasing an additional 791,307 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Dunkin Brands Group by 7.8% in the second quarter. Dimensional Fund Advisors LP now owns 569,154 shares of the restaurant operator’s stock valued at $39,312,000 after purchasing an additional 41,318 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in Dunkin Brands Group by 7.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 436,919 shares of the restaurant operator’s stock valued at $30,178,000 after purchasing an additional 32,045 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Dunkin Brands Group by 8.8% in the second quarter. Sei Investments Co. now owns 390,811 shares of the restaurant operator’s stock valued at $26,994,000 after purchasing an additional 31,593 shares during the last quarter. 99.27% of the stock is owned by institutional investors.

Dunkin Brands Group Company Profile (NASDAQ:DNKN)

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.

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