Dunkin Brands Group Inc (DNKN) CFO Katherine D. Jaspon Sells 1,900 Shares of Stock
Dunkin Brands Group Inc (NASDAQ:DNKN) CFO Katherine D. Jaspon sold 1,900 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $73.28, for a total transaction of $139,232.00. Following the transaction, the chief financial officer now directly owns 4,411 shares of the company’s stock, valued at $323,238.08. The sale was disclosed in a document filed with the SEC, which is available through this link.
DNKN stock traded down $0.26 during midday trading on Friday, hitting $74.51. The stock had a trading volume of 722,605 shares, compared to its average volume of 916,097. The stock has a market capitalization of $6.18 billion, a P/E ratio of 30.66, a PEG ratio of 2.10 and a beta of 0.33. Dunkin Brands Group Inc has a 12-month low of $55.81 and a 12-month high of $77.13.
Dunkin Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, October 25th. The restaurant operator reported $0.83 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.10. The firm had revenue of $350.01 million during the quarter, compared to analysts’ expectations of $344.17 million. Dunkin Brands Group had a net margin of 30.28% and a negative return on equity of 41.14%. On average, equities analysts anticipate that Dunkin Brands Group Inc will post 2.84 earnings per share for the current year.
A number of research analysts have recently weighed in on the stock. BMO Capital Markets raised their price objective on shares of Dunkin Brands Group from $69.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, July 27th. Royal Bank of Canada reissued a “buy” rating and set a $75.00 price objective on shares of Dunkin Brands Group in a research note on Friday, July 27th. TheStreet raised shares of Dunkin Brands Group from a “c+” rating to a “b” rating in a research note on Friday, July 27th. Robert W. Baird reissued a “buy” rating and set a $80.00 price objective on shares of Dunkin Brands Group in a research note on Thursday, July 26th. Finally, BidaskClub raised shares of Dunkin Brands Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 17th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and twelve have given a buy rating to the company. Dunkin Brands Group currently has an average rating of “Hold” and an average target price of $70.17.
Several institutional investors and hedge funds have recently made changes to their positions in DNKN. Smithfield Trust Co. boosted its holdings in shares of Dunkin Brands Group by 2,018.5% in the 3rd quarter. Smithfield Trust Co. now owns 1,377 shares of the restaurant operator’s stock valued at $102,000 after purchasing an additional 1,312 shares during the last quarter. First Hawaiian Bank acquired a new position in shares of Dunkin Brands Group in the 3rd quarter valued at $110,000. Fort L.P. acquired a new position in shares of Dunkin Brands Group in the 2nd quarter valued at $123,000. Advisors Preferred LLC boosted its holdings in shares of Dunkin Brands Group by 797.1% in the 2nd quarter. Advisors Preferred LLC now owns 1,857 shares of the restaurant operator’s stock valued at $128,000 after purchasing an additional 1,650 shares during the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Dunkin Brands Group in the 3rd quarter valued at $169,000. Institutional investors own 99.10% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This piece was published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://theolympiareport.com/2018/11/10/dunkin-brands-group-inc-dnkn-cfo-katherine-d-jaspon-sells-1900-shares-of-stock.html.
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 four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.
Featured Story: Intrinsic Value and Stock Selection
Receive News & Ratings for Dunkin Brands Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin Brands Group and related companies with MarketBeat.com's FREE daily email newsletter.