Commerzbank Aktiengesellschaft FI Takes $209,000 Position in Dunkin’ Brands Group, Inc. (DNKN)

Commerzbank Aktiengesellschaft FI acquired a new stake in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,789 shares of the restaurant operator’s stock, valued at approximately $209,000.

Several other large investors also recently modified their holdings of the company. Janus Capital Management LLC lifted its position in shares of Dunkin’ Brands Group by 8.4% in the first quarter. Janus Capital Management LLC now owns 9,701,300 shares of the restaurant operator’s stock valued at $530,467,000 after acquiring an additional 754,740 shares in the last quarter. BlackRock Inc. lifted its position in shares of Dunkin’ Brands Group by 13,874.6% in the first quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator’s stock valued at $392,023,000 after acquiring an additional 7,118,061 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Dunkin’ Brands Group by 4.6% in the first quarter. Vanguard Group Inc. now owns 7,161,989 shares of the restaurant operator’s stock valued at $391,619,000 after acquiring an additional 317,076 shares in the last quarter. State Street Corp lifted its position in shares of Dunkin’ Brands Group by 2.8% in the first quarter. State Street Corp now owns 2,321,477 shares of the restaurant operator’s stock valued at $126,937,000 after acquiring an additional 63,426 shares in the last quarter. Finally, First Manhattan Co. lifted its position in shares of Dunkin’ Brands Group by 39.0% in the second quarter. First Manhattan Co. now owns 1,366,963 shares of the restaurant operator’s stock valued at $75,347,000 after acquiring an additional 383,460 shares in the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

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DNKN has been the topic of several recent research reports. BidaskClub upgraded Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Monday, July 17th. Mizuho initiated coverage on Dunkin’ Brands Group in a research report on Thursday, June 8th. They set a “neutral” rating and a $56.00 target price on the stock. JMP Securities increased their target price on Dunkin’ Brands Group from $59.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 6th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $64.00 target price on shares of Dunkin’ Brands Group in a research report on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $57.95.

In related news, SVP Karen Raskopf sold 33,000 shares of Dunkin’ Brands Group stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the completion of the sale, the senior vice president now owns 33,000 shares of the company’s stock, valued at $1,742,400. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by company insiders.

Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at 51.99 on Wednesday. The stock has a 50 day moving average price of $52.71 and a 200-day moving average price of $54.81. The stock has a market capitalization of $4.69 billion, a P/E ratio of 22.80 and a beta of 0.23. Dunkin’ Brands Group, Inc. has a 12-month low of $46.55 and a 12-month high of $59.70.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The firm had revenue of $218.50 million during the quarter, compared to analysts’ expectations of $220.77 million. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.57 earnings per share. Equities research analysts expect that Dunkin’ Brands Group, Inc. will post $2.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Monday, August 28th were given a dividend of $0.3225 per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a $1.29 dividend on an annualized basis and a yield of 2.48%. Dunkin’ Brands Group’s payout ratio is 56.33%.

Dunkin’ Brands Group 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.

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

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