Dunkin Brands Group Inc (DNKN) Holdings Reduced by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA reduced its stake in Dunkin Brands Group Inc (NASDAQ:DNKN) by 44.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,636 shares of the restaurant operator’s stock after selling 6,914 shares during the period. BNP Paribas Arbitrage SA’s holdings in Dunkin Brands Group were worth $596,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Massachusetts Financial Services Co. MA increased its stake in Dunkin Brands Group by 0.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 186,764 shares of the restaurant operator’s stock valued at $11,148,000 after purchasing an additional 790 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Dunkin Brands Group by 3.7% in the second quarter. Louisiana State Employees Retirement System now owns 22,400 shares of the restaurant operator’s stock valued at $1,547,000 after purchasing an additional 800 shares during the last quarter. LPL Financial LLC increased its stake in Dunkin Brands Group by 9.4% in the first quarter. LPL Financial LLC now owns 10,815 shares of the restaurant operator’s stock valued at $646,000 after purchasing an additional 932 shares during the last quarter. Boston Private Wealth LLC grew its position in shares of Dunkin Brands Group by 29.6% during the first quarter. Boston Private Wealth LLC now owns 4,160 shares of the restaurant operator’s stock worth $248,000 after acquiring an additional 950 shares during the last quarter. Finally, Aperio Group LLC grew its position in shares of Dunkin Brands Group by 3.9% during the first quarter. Aperio Group LLC now owns 26,377 shares of the restaurant operator’s stock worth $1,574,000 after acquiring an additional 990 shares during the last quarter. Institutional investors own 99.64% of the company’s stock.

Shares of NASDAQ DNKN opened at $72.23 on Wednesday. The company has a debt-to-equity ratio of -3.72, a current ratio of 1.53 and a quick ratio of 1.53. Dunkin Brands Group Inc has a 1-year low of $50.89 and a 1-year high of $73.49. The firm has a market cap of $5.99 billion, a P/E ratio of 29.72, a P/E/G ratio of 2.11 and a beta of 0.34.



Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Thursday, July 26th. The restaurant operator reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Dunkin Brands Group had a negative return on equity of 50.62% and a net margin of 32.48%. The firm had revenue of $350.64 million during the quarter, compared to the consensus estimate of $343.38 million. During the same period last year, the company earned $0.64 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. sell-side analysts predict that Dunkin Brands Group Inc will post 2.72 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 5th. Investors of record on Monday, August 27th will be issued a dividend of $0.3475 per share. This represents a $1.39 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Friday, August 24th. Dunkin Brands Group’s dividend payout ratio is presently 57.20%.

In related news, SVP Jason Maceda sold 7,103 shares of the stock in a transaction on Friday, August 10th. The stock was sold at an average price of $71.89, for a total transaction of $510,634.67. Following the completion of the sale, the senior vice president now directly owns 3,771 shares of the company’s stock, valued at $271,097.19. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Katherine D. Jaspon sold 8,300 shares of the stock in a transaction on Monday, August 6th. The stock was sold at an average price of $70.92, for a total value of $588,636.00. Following the sale, the chief financial officer now directly owns 10,715 shares of the company’s stock, valued at $759,907.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 739,693 shares of company stock valued at $51,896,387. Corporate insiders own 3.00% of the company’s stock.

A number of equities analysts have recently issued reports on DNKN shares. Jefferies Financial Group restated a “hold” rating and set a $65.00 target price on shares of Dunkin Brands Group in a research report on Friday, July 13th. Bank of America raised their target price on shares of Dunkin Brands Group from $65.00 to $69.00 and gave the stock a “neutral” rating in a research report on Thursday, June 14th. Morgan Stanley raised their target price on shares of Dunkin Brands Group from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Monday, July 16th. BidaskClub upgraded shares of Dunkin Brands Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 19th. Finally, ValuEngine lowered shares of Dunkin Brands Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 29th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the stock. Dunkin Brands Group has a consensus rating of “Buy” and an average target price of $67.82.

Dunkin Brands Group Company Profile

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.

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

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