Nicholas Company Inc. decreased its position in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 50.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 100,690 shares of the restaurant operator’s stock after selling 100,560 shares during the period. Nicholas Company Inc. owned about 0.11% of Dunkin’ Brands Group worth $5,550,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FNY Partners Fund LP increased its holdings in Dunkin’ Brands Group by 13,233.3% in the second quarter. FNY Partners Fund LP now owns 2,000 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 1,985 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in Dunkin’ Brands Group by 12.1% in the second quarter. Advisors Asset Management Inc. now owns 3,114 shares of the restaurant operator’s stock valued at $172,000 after buying an additional 336 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Dunkin’ Brands Group by 8.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,315 shares of the restaurant operator’s stock valued at $183,000 after buying an additional 259 shares in the last quarter. Finally, US Bancorp DE increased its holdings in Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after buying an additional 63 shares in the last quarter. 92.77% of the stock is owned by institutional investors.

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Shares of Dunkin’ Brands Group, Inc. (NASDAQ DNKN) opened at 52.03 on Friday. Dunkin’ Brands Group, Inc. has a 1-year low of $46.55 and a 1-year high of $59.70. The stock has a market capitalization of $4.70 billion, a P/E ratio of 22.82 and a beta of 0.23. The stock has a 50 day moving average of $52.56 and a 200-day moving average of $54.72.

Dunkin’ Brands Group (NASDAQ:DNKN) last announced its quarterly earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The firm had revenue of $218.50 million for the quarter, compared to analysts’ expectations of $220.77 million. Dunkin’ Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. Dunkin’ Brands Group’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 earnings per share. Equities research analysts predict that Dunkin’ Brands Group, Inc. will post $2.43 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Monday, August 28th were paid 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 dividend yield of 2.48%. Dunkin’ Brands Group’s dividend payout ratio is currently 56.33%.

A number of research analysts have weighed in on DNKN shares. Zacks Investment Research raised shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Monday, July 17th. Bank of America Corporation reaffirmed a “neutral” rating and issued a $62.00 price objective (up previously from $60.00) on shares of Dunkin’ Brands Group in a report on Tuesday, June 13th. BidaskClub cut shares of Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Cowen and Company reiterated a “hold” rating and issued a $55.00 target price on shares of Dunkin’ Brands Group in a research report on Friday, September 1st. Finally, Argus upgraded shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and lifted their target price for the company from $58.84 to $68.00 in a research report on Tuesday, June 6th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $57.95.

In other news, SVP Karen Raskopf sold 33,000 shares of Dunkin’ Brands Group stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the sale, the senior vice president now owns 33,000 shares in the company, valued at $1,742,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.10% of the company’s stock.

About Dunkin’ Brands Group

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.

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

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