Dunkin Brands Group Inc (DNKN) Stake Decreased by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its holdings in Dunkin Brands Group Inc (NASDAQ:DNKN) by 86.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,907 shares of the restaurant operator’s stock after selling 25,825 shares during the period. Hsbc Holdings PLC’s holdings in Dunkin Brands Group were worth $234,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DNKN. HS Management Partners LLC boosted its stake in shares of Dunkin Brands Group by 78.4% in the fourth quarter. HS Management Partners LLC now owns 591,145 shares of the restaurant operator’s stock worth $38,111,000 after acquiring an additional 259,750 shares during the period. Landscape Capital Management L.L.C. bought a new position in shares of Dunkin Brands Group in the fourth quarter worth about $13,251,000. Quantitative Investment Management LLC bought a new position in shares of Dunkin Brands Group in the fourth quarter worth about $9,973,000. QS Investors LLC boosted its stake in shares of Dunkin Brands Group by 672.0% in the fourth quarter. QS Investors LLC now owns 79,561 shares of the restaurant operator’s stock worth $5,129,000 after acquiring an additional 69,255 shares during the period. Finally, MetLife Investment Advisors LLC bought a new position in shares of Dunkin Brands Group in the fourth quarter worth about $3,684,000. 98.88% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently commented on DNKN. Morgan Stanley decreased their target price on Dunkin Brands Group from $69.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Monday, March 26th. BidaskClub downgraded Dunkin Brands Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 31st. Zacks Investment Research downgraded Dunkin Brands Group from a “hold” rating to a “sell” rating in a research report on Wednesday, April 18th. OTR Global began coverage on Dunkin Brands Group in a research report on Monday, April 23rd. They issued a “positive” rating on the stock. Finally, ValuEngine upgraded Dunkin Brands Group from a “hold” rating to a “buy” rating in a research report on Thursday, April 26th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $65.37.

In other news, CEO Nigel Travis sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $62.16, for a total transaction of $3,729,600.00. Following the transaction, the chief executive officer now owns 308,254 shares of the company’s stock, valued at $19,161,068.64. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Katherine D. Jaspon sold 1,530 shares of the company’s stock in a transaction that occurred on Tuesday, May 8th. The shares were sold at an average price of $64.84, for a total value of $99,205.20. The disclosure for this sale can be found here. Corporate insiders own 3.00% of the company’s stock.

Shares of DNKN stock opened at $69.76 on Friday. Dunkin Brands Group Inc has a 1 year low of $50.89 and a 1 year high of $70.55. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of -3.54. The company has a market cap of $5.75 billion, a price-to-earnings ratio of 27.62, a P/E/G ratio of 2.02 and a beta of 0.30.

Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Thursday, April 26th. The restaurant operator reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.10. Dunkin Brands Group had a negative return on equity of 75.12% and a net margin of 36.40%. The business had revenue of $301.30 million for the quarter, compared to the consensus estimate of $303.72 million. During the same period in the prior year, the business posted $0.54 earnings per share. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. equities research analysts anticipate that Dunkin Brands Group Inc will post 2.74 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 6th. Shareholders of record on Tuesday, May 29th were given a dividend of $0.3475 per share. The ex-dividend date was Friday, May 25th. This represents a $1.39 dividend on an annualized basis and a yield of 1.99%. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 57.20%.

About Dunkin Brands Group

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.

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

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