Shares of Dunkin Brands Group Inc (NASDAQ:DNKN) have earned a consensus rating of “Hold” from the twenty-eight analysts that are currently covering the stock, MarketBeat.com reports. Eighteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $72.30.
DNKN has been the subject of a number of recent analyst reports. Oppenheimer reissued a “hold” rating on shares of Dunkin Brands Group in a research report on Friday, May 1st. BidaskClub raised Dunkin Brands Group from a “sell” rating to a “hold” rating in a research report on Thursday, March 26th. Jefferies Financial Group lifted their price target on Dunkin Brands Group from $50.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, April 22nd. UBS Group lowered their price target on Dunkin Brands Group from $82.00 to $66.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Finally, Goldman Sachs Group lifted their price target on Dunkin Brands Group from $48.00 to $54.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd.
Shares of Dunkin Brands Group stock traded up $0.50 during trading on Friday, reaching $65.08. The company’s stock had a trading volume of 290,987 shares, compared to its average volume of 1,009,485. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 22.57, a P/E/G ratio of 2.45 and a beta of 0.88. Dunkin Brands Group has a 1-year low of $38.51 and a 1-year high of $84.74. The company has a 50-day simple moving average of $64.89 and a two-hundred day simple moving average of $66.90.
In related news, CFO Katherine D. Jaspon sold 7,000 shares of Dunkin Brands Group stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $66.00, for a total value of $462,000.00. Following the completion of the transaction, the chief financial officer now owns 12,730 shares in the company, valued at approximately $840,180. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.80% of the stock is owned by insiders.
A number of hedge funds have recently bought and sold shares of DNKN. Champlain Investment Partners LLC acquired a new stake in Dunkin Brands Group in the 1st quarter worth about $79,706,000. Norges Bank acquired a new position in shares of Dunkin Brands Group during the 4th quarter worth approximately $48,941,000. Morgan Stanley boosted its holdings in shares of Dunkin Brands Group by 122.2% during the 1st quarter. Morgan Stanley now owns 778,519 shares of the restaurant operator’s stock worth $41,340,000 after purchasing an additional 428,104 shares during the last quarter. HS Management Partners LLC boosted its holdings in shares of Dunkin Brands Group by 21.7% during the 1st quarter. HS Management Partners LLC now owns 1,736,194 shares of the restaurant operator’s stock worth $92,192,000 after purchasing an additional 309,140 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in shares of Dunkin Brands Group by 416.3% during the 1st quarter. Squarepoint Ops LLC now owns 367,428 shares of the restaurant operator’s stock worth $19,510,000 after purchasing an additional 296,268 shares during the last quarter. Institutional investors own 86.53% 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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