Capstone Asset Management Co. Has $5.691 Million Position in Dunkin Brands Group Inc (DNKN)

Capstone Asset Management Co. boosted its stake in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 10.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 104,070 shares of the company’s stock after buying an additional 9,778 shares during the period. Capstone Asset Management Co. owned approximately 0.11% of Dunkin Brands Group worth $5,691,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Fund Advisors raised its stake in Dunkin Brands Group by 4.3% in the third quarter. BlackRock Fund Advisors now owns 3,402,554 shares of the company’s stock valued at $177,205,000 after buying an additional 139,591 shares during the last quarter. BlackRock Inc. raised its stake in Dunkin Brands Group by 9.1% in the third quarter. BlackRock Inc. now owns 51,933 shares of the company’s stock valued at $2,705,000 after buying an additional 4,319 shares during the last quarter. BlackRock Advisors LLC raised its stake in Dunkin Brands Group by 0.6% in the third quarter. BlackRock Advisors LLC now owns 69,167 shares of the company’s stock valued at $3,602,000 after buying an additional 404 shares during the last quarter. Montag & Caldwell LLC raised its stake in Dunkin Brands Group by 9.8% in the third quarter. Montag & Caldwell LLC now owns 21,829 shares of the company’s stock valued at $1,137,000 after buying an additional 1,942 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in Dunkin Brands Group by 14.6% in the third quarter. Oppenheimer & Co. Inc. now owns 14,087 shares of the company’s stock valued at $733,000 after buying an additional 1,799 shares during the last quarter. 97.53% of the stock is owned by institutional investors and hedge funds.

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

Shares of Dunkin Brands Group Inc (NASDAQ:DNKN) traded down 0.6257% during trading on Thursday, hitting $53.7317. 308,622 shares of the company traded hands. Dunkin Brands Group Inc has a 52-week low of $41.29 and a 52-week high of $58.43. The stock has a market capitalization of $4.94 billion, a PE ratio of 25.4653 and a beta of 0.20. The company has a 50-day moving average of $54.86 and a 200-day moving average of $52.56.

Dunkin Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, February 9th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. The company earned $215.70 million during the quarter, compared to the consensus estimate of $215.66 million. Dunkin Brands Group had a negative return on equity of 108.58% and a net margin of 23.59%. Dunkin Brands Group’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.52 EPS. Equities analysts expect that Dunkin Brands Group Inc will post $2.38 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 22nd. Shareholders of record on Monday, March 13th were given a $0.3225 dividend. This is an increase from Dunkin Brands Group’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Thursday, March 9th. Dunkin Brands Group’s payout ratio is currently 56.60%.

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Several analysts have commented on the stock. Cowen and Company reissued a “market perform” rating on shares of Dunkin Brands Group in a research report on Friday, March 24th. Maxim Group reissued a “buy” rating and set a $61.00 price target on shares of Dunkin Brands Group in a research report on Friday, March 24th. Goldman Sachs Group Inc lowered shares of Dunkin Brands Group from a “neutral” rating to a “sell” rating and decreased their price target for the company from $48.00 to $47.00 in a research report on Wednesday, March 29th. They noted that the move was a valuation call. Credit Suisse Group AG reissued an “outperform” rating and set a $61.00 price target on shares of Dunkin Brands Group in a research report on Monday, March 27th. Finally, Guggenheim reissued a “neutral” rating on shares of Dunkin Brands Group in a research report on Thursday, February 16th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $52.13.

In other Dunkin Brands Group news, insider Paul E. Twohig sold 76,000 shares of Dunkin Brands Group stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $54.81, for a total value of $4,165,560.00. Following the completion of the transaction, the insider now directly owns 64,423 shares of the company’s stock, valued at approximately $3,531,024.63. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Weldon W. Spangler sold 35,438 shares of Dunkin Brands Group stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $55.43, for a total value of $1,964,328.34. Following the completion of the transaction, the senior vice president now directly owns 1,396 shares of the company’s stock, valued at $77,380.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 135,038 shares of company stock valued at $7,427,180. 2.90% of the stock is currently owned by corporate insiders.

Dunkin Brands Group Company Profile

Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

5 Day Chart for NASDAQ:DNKN

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