Dunkin Brands Group (NASDAQ:DNKN) Upgraded to Positive by OTR Global

Dunkin Brands Group (NASDAQ:DNKN) was upgraded by investment analysts at OTR Global from a “mixed” rating to a “positive” rating in a research note issued on Wednesday, BenzingaRatingsTable reports.

Other analysts have also issued reports about the company. Zacks Investment Research lowered Dunkin Brands Group from a “buy” rating to a “hold” rating and set a $84.00 price target on the stock. in a report on Tuesday, September 17th. ValuEngine lowered Dunkin Brands Group from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. Argus upgraded Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Wednesday, August 7th. Goldman Sachs Group assumed coverage on Dunkin Brands Group in a report on Monday, July 29th. They set a “neutral” rating and a $85.00 target price on the stock. Finally, BidaskClub lowered Dunkin Brands Group from a “hold” rating to a “sell” rating in a report on Tuesday. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company’s stock. Dunkin Brands Group currently has an average rating of “Hold” and an average price target of $78.59.

Shares of NASDAQ DNKN traded up $1.90 during mid-day trading on Wednesday, reaching $76.24. 7,744 shares of the company traded hands, compared to its average volume of 702,869. The stock has a market cap of $6.37 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 2.57 and a beta of 0.45. The company’s fifty day moving average is $80.63 and its two-hundred day moving average is $78.35. Dunkin Brands Group has a fifty-two week low of $61.69 and a fifty-two week high of $84.74.



Dunkin Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, August 1st. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.04. The firm had revenue of $359.30 million for the quarter, compared to analyst estimates of $360.32 million. Dunkin Brands Group had a negative return on equity of 36.53% and a net margin of 17.15%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 EPS. As a group, sell-side analysts predict that Dunkin Brands Group will post 3.05 earnings per share for the current year.

In other news, Director Nigel Travis sold 25,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $82.53, for a total value of $2,063,250.00. Following the completion of the transaction, the director now directly owns 172,624 shares in the company, valued at approximately $14,246,658.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John L. Clare sold 12,577 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $80.60, for a total value of $1,013,706.20. Following the completion of the transaction, the insider now owns 33,622 shares of the company’s stock, valued at $2,709,933.20. The disclosure for this sale can be found here. Insiders have sold 124,077 shares of company stock valued at $10,123,627 over the last 90 days. Corporate insiders own 1.70% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. Private Capital Group LLC grew its stake in shares of Dunkin Brands Group by 29.7% in the 2nd quarter. Private Capital Group LLC now owns 529 shares of the restaurant operator’s stock valued at $37,000 after buying an additional 121 shares during the period. Oakworth Capital Inc. acquired a new position in Dunkin Brands Group during the 2nd quarter valued at about $42,000. Kings Point Capital Management boosted its stake in Dunkin Brands Group by 253.3% during the 2nd quarter. Kings Point Capital Management now owns 530 shares of the restaurant operator’s stock valued at $42,000 after purchasing an additional 380 shares during the last quarter. NEXT Financial Group Inc acquired a new position in Dunkin Brands Group during the 2nd quarter valued at about $54,000. Finally, AdvisorNet Financial Inc boosted its stake in Dunkin Brands Group by 454.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 821 shares of the restaurant operator’s stock valued at $65,000 after purchasing an additional 673 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

About Dunkin Brands Group

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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Analyst Recommendations for Dunkin Brands Group (NASDAQ:DNKN)

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