Neuberger Berman Group LLC Reduces Stake in Dunkin’ Brands Group, Inc. (DNKN)

Neuberger Berman Group LLC decreased its position in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 13.3% during the first quarter, Holdings Channel reports. The fund owned 88,725 shares of the restaurant operator’s stock after selling 13,606 shares during the period. Neuberger Berman Group LLC owned about 0.10% of Dunkin’ Brands Group worth $4,851,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DNKN. US Bancorp DE boosted its stake in Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock worth $191,000 after buying an additional 63 shares during the last quarter. Lebenthal Asset Management LLC boosted its stake in shares of Dunkin’ Brands Group by 0.3% in the fourth quarter. Lebenthal Asset Management LLC now owns 33,595 shares of the restaurant operator’s stock valued at $1,761,000 after buying an additional 95 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares in the last quarter. Creative Planning boosted its stake in shares of Dunkin’ Brands Group by 1.6% in the first quarter. Creative Planning now owns 8,954 shares of the restaurant operator’s stock valued at $490,000 after buying an additional 140 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Dunkin’ Brands Group by 1.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,901 shares of the restaurant operator’s stock valued at $520,000 after buying an additional 155 shares in the last quarter. 98.89% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at 57.03 on Friday. The firm has a 50-day moving average of $56.87 and a 200-day moving average of $54.60. The company has a market capitalization of $5.26 billion, a P/E ratio of 25.69 and a beta of 0.23. Dunkin’ Brands Group, Inc. has a 12 month low of $41.29 and a 12 month high of $59.70.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, May 4th. The restaurant operator reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. Dunkin’ Brands Group had a net margin of 24.81% and a negative return on equity of 133.92%. The firm had revenue of $190.70 million for the quarter, compared to analysts’ expectations of $192.36 million. During the same quarter last year, the company earned $0.44 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. On average, equities analysts predict that Dunkin’ Brands Group, Inc. will post $2.43 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 14th. Investors of record on Monday, June 5th were paid a $0.3225 dividend. The ex-dividend date of this dividend was Thursday, June 1st. This represents a $1.29 dividend on an annualized basis and a yield of 2.26%. Dunkin’ Brands Group’s dividend payout ratio is currently 57.85%.

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DNKN has been the topic of several analyst reports. Citigroup Inc. reduced their price objective on shares of Dunkin’ Brands Group from $64.00 to $61.00 and set a “buy” rating on the stock in a research note on Tuesday, April 11th. Maxim Group restated a “buy” rating on shares of Dunkin’ Brands Group in a report on Monday, April 10th. Argus upgraded shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and boosted their target price for the company from $58.84 to $68.00 in a report on Tuesday, June 6th. Zacks Investment Research upgraded shares of Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a report on Friday, May 5th. Finally, Wedbush restated a “hold” rating and issued a $54.00 target price on shares of Dunkin’ Brands Group in a report on Friday, May 5th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $55.59.

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.

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