Nationwide Fund Advisors boosted its position in Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) by 1.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 183,364 shares of the restaurant operator’s stock after purchasing an additional 3,120 shares during the period. Nationwide Fund Advisors owned about 0.20% of Dunkin’ Brands Group worth $9,733,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Janus Henderson Group PLC acquired a new stake in shares of Dunkin’ Brands Group during the 2nd quarter valued at approximately $474,315,000. BlackRock Inc. lifted its position in shares of Dunkin’ Brands Group by 1.4% during the 2nd quarter. BlackRock Inc. now owns 7,271,183 shares of the restaurant operator’s stock valued at $400,787,000 after acquiring an additional 101,819 shares during the period. Vanguard Group Inc. lifted its position in shares of Dunkin’ Brands Group by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 7,265,562 shares of the restaurant operator’s stock valued at $400,478,000 after acquiring an additional 103,573 shares during the period. State Street Corp lifted its position in shares of Dunkin’ Brands Group by 1.6% during the 2nd quarter. State Street Corp now owns 2,357,509 shares of the restaurant operator’s stock valued at $129,945,000 after acquiring an additional 36,032 shares during the period. Finally, Victory Capital Management Inc. lifted its position in shares of Dunkin’ Brands Group by 82.0% during the 2nd quarter. Victory Capital Management Inc. now owns 1,269,121 shares of the restaurant operator’s stock valued at $69,954,000 after acquiring an additional 571,831 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

A number of equities research analysts have recently issued reports on DNKN shares. Cowen reiterated a “hold” rating and set a $55.00 price target on shares of Dunkin’ Brands Group in a research report on Friday, September 1st. JMP Securities raised their price objective on shares of Dunkin’ Brands Group from $59.00 to $62.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 6th. BidaskClub raised shares of Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Zacks Investment Research raised shares of Dunkin’ Brands Group from a “sell” rating to a “hold” rating in a research note on Monday, October 16th. Finally, Wedbush reissued a “hold” rating and set a $56.00 price objective on shares of Dunkin’ Brands Group in a research note on Friday, October 27th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $58.58.

Shares of Dunkin’ Brands Group, Inc. (DNKN) opened at $60.02 on Thursday. The company has a market cap of $5,471.76, a P/E ratio of 24.93, a price-to-earnings-growth ratio of 1.89 and a beta of 0.30. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of -13.82. Dunkin’ Brands Group, Inc. has a 12 month low of $50.26 and a 12 month high of $61.54.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, October 26th. The restaurant operator reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.02). Dunkin’ Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. The firm had revenue of $224.20 million during the quarter, compared to analysts’ expectations of $214.60 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. equities analysts anticipate that Dunkin’ Brands Group, Inc. will post 2.42 earnings per share for the current fiscal year.

Dunkin’ Brands Group announced that its Board of Directors has initiated a stock buyback plan on Thursday, October 26th that authorizes the company to buyback $650.00 million in shares. This buyback authorization authorizes the restaurant operator to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Monday, November 27th were paid a dividend of $0.322 per share. The ex-dividend date was Friday, November 24th. This represents a $1.29 annualized dividend and a dividend yield of 2.15%. Dunkin’ Brands Group’s dividend payout ratio is presently 56.33%.

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Dunkin’ Brands Group Profile

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.

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

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