Insider Selling: Dunkin Brands Group Inc (NASDAQ:DNKN) SVP Sells 4,000 Shares of Stock

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Dunkin Brands Group Inc (NASDAQ:DNKN) SVP John Varughese sold 4,000 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $83.43, for a total transaction of $333,720.00. Following the transaction, the senior vice president now owns 5,425 shares in the company, valued at approximately $452,607.75. The transaction was disclosed in a document filed with the SEC, which is available at this link.

NASDAQ:DNKN opened at $83.00 on Thursday. Dunkin Brands Group Inc has a 1 year low of $61.69 and a 1 year high of $84.42. The firm’s fifty day simple moving average is $81.35 and its 200 day simple moving average is $75.98. The firm has a market capitalization of $6.80 billion, a PE ratio of 28.62, a PEG ratio of 2.48 and a beta of 0.46.

Dunkin Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, August 1st. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. Dunkin Brands Group had a net margin of 17.15% and a negative return on equity of 36.53%. The business had revenue of $359.30 million for the quarter, compared to analyst estimates of $360.32 million. During the same period last year, the business posted $0.77 EPS. Dunkin Brands Group’s revenue was up 2.5% compared to the same quarter last year. Equities analysts anticipate that Dunkin Brands Group Inc will post 3.05 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Tuesday, September 3rd will be given a $0.375 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.50 annualized dividend and a yield of 1.81%. Dunkin Brands Group’s dividend payout ratio is 51.72%.

A number of research analysts have recently weighed in on DNKN shares. UBS Group set a $72.00 price target on shares of Dunkin Brands Group and gave the company a “hold” rating in a report on Friday, May 3rd. Wedbush restated an “outperform” rating and set a $92.00 price target on shares of Dunkin Brands Group in a report on Friday, August 2nd. Credit Suisse Group started coverage on shares of Dunkin Brands Group in a report on Tuesday, June 25th. They set an “underperform” rating and a $70.00 price target on the stock. BidaskClub upgraded shares of Dunkin Brands Group from a “sell” rating to a “hold” rating in a report on Saturday, July 27th. Finally, Morgan Stanley raised their target price on shares of Dunkin Brands Group from $74.00 to $77.00 and gave the company an “equal weight” rating in a research note on Friday, August 2nd. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $78.11.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hexavest Inc. acquired a new stake in Dunkin Brands Group in the 2nd quarter worth $250,000. NumerixS Investment Technologies Inc grew its position in Dunkin Brands Group by 275.0% in the 1st quarter. NumerixS Investment Technologies Inc now owns 3,000 shares of the restaurant operator’s stock worth $228,000 after purchasing an additional 2,200 shares during the last quarter. Jackson Square Partners LLC grew its position in Dunkin Brands Group by 7.4% in the 1st quarter. Jackson Square Partners LLC now owns 1,850,486 shares of the restaurant operator’s stock worth $138,971,000 after purchasing an additional 128,079 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Dunkin Brands Group by 1.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 580,297 shares of the restaurant operator’s stock worth $37,207,000 after purchasing an additional 10,707 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Dunkin Brands Group by 1.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 156,253 shares of the restaurant operator’s stock worth $12,447,000 after purchasing an additional 2,241 shares during the last quarter. Institutional investors own 87.21% of the company’s stock.

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 five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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Insider Buying and Selling by Quarter for Dunkin Brands Group (NASDAQ:DNKN)

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