L & S Advisors Inc Has $417,000 Position in Dunkin’ Brands Group, Inc. (DNKN)

L & S Advisors Inc cut its stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 46.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 7,635 shares of the restaurant operator’s stock after selling 6,725 shares during the period. L & S Advisors Inc’s holdings in Dunkin’ Brands Group were worth $417,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of DNKN. Russell Investments Group Ltd. purchased a new stake in shares of Dunkin’ Brands Group during the fourth quarter worth about $157,000. US Bancorp DE raised its stake in shares of 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 period. OppenheimerFunds Inc. bought a new stake in shares of Dunkin’ Brands Group during the first quarter worth $204,000. National Asset Management Inc. bought a new stake in shares of Dunkin’ Brands Group during the third quarter worth $207,000. Finally, Pinnacle Associates Ltd. bought a new stake in shares of Dunkin’ Brands Group during the fourth quarter worth $212,000. Institutional investors and hedge funds own 94.25% of the company’s stock.

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

Dunkin’ Brands Group, Inc. (DNKN) traded down 1.226% during mid-day trading on Tuesday, hitting $56.795. 188,047 shares of the stock were exchanged. Dunkin’ Brands Group, Inc. has a 12-month low of $41.29 and a 12-month high of $59.70. The firm has a market cap of $5.23 billion, a P/E ratio of 25.583 and a beta of 0.23. The company has a 50 day moving average of $56.92 and a 200 day moving average of $54.62.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 14th. Investors of record on Monday, June 5th were paid a dividend of $0.3225 per share. This represents a $1.29 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Thursday, June 1st. Dunkin’ Brands Group’s payout ratio is currently 57.85%.

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A number of brokerages recently issued reports on DNKN. Maxim Group reissued a “buy” rating on shares of Dunkin’ Brands Group in a research report on Monday, April 10th. Goldman Sachs Group, Inc. (The) cut shares of Dunkin’ Brands Group from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $48.00 to $47.00 in a report on Wednesday, March 29th. They noted that the move was a valuation call. Royal Bank Of Canada raised shares of Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $54.00 to $64.00 in a report on Monday, May 1st. Credit Suisse Group restated an “outperform” rating and set a $61.00 target price on shares of Dunkin’ Brands Group in a research report on Monday, March 27th. Finally, Cowen and Company restated a “market perform” rating on shares of Dunkin’ Brands Group in a research report on Friday, March 24th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $55.59.

About Dunkin’ Brands Group

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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