November 30, 2016 - By Darrin Black · 0 Comments
Dunkin Brands Group Inc (NASDAQ:DNKN) institutional sentiment decreased to 0.84 in 2016 Q2. Its down -0.21, from 1.05 in 2016Q1. The ratio dropped, as 133 funds increased or started new holdings, while 127 reduced and sold their stock positions in Dunkin Brands Group Inc. The funds in our partner’s database now hold: 85.63 million shares, down from 89.55 million shares in 2016Q1. Also, the number of funds holding Dunkin Brands Group Inc in their top 10 holdings decreased from 4 to 3 for a decrease of 1. Sold All: 39 Reduced: 88 Increased: 99 New Position: 34.
Dunkin’ Brands Group, Inc. is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream. The company has a market cap of $4.98 billion. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. It has a 38.09 P/E ratio. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
About 183,544 shares traded hands. Dunkin Brands Group Inc (NASDAQ:DNKN) has risen 13.23% since April 27, 2016 and is uptrending. It has outperformed by 8.00% the S&P500.
Analysts await Dunkin Brands Group Inc (NASDAQ:DNKN) to report earnings on February, 2. They expect $0.61 earnings per share, up 17.31% or $0.09 from last year’s $0.52 per share. DNKN’s profit will be $56.39 million for 22.08 P/E if the $0.61 EPS becomes a reality. After $0.60 actual earnings per share reported by Dunkin Brands Group Inc for the previous quarter, Wall Street now forecasts 1.67% EPS growth.
According to Zacks Investment Research, “Dunkin’ Brands Group, Inc. owns, operates, and franchises quick service restaurants worldwide. It serves hot and cold coffee and baked goods, as well as ice cream. Its brands include Dunkin’ Donuts and Baskin-Robbins. Dunkin’ Brands Group is headquartered in Canton, Massachusetts.”
Meritage Group Lp holds 5.63% of its portfolio in Dunkin Brands Group Inc for 4.96 million shares. Csat Investment Advisory L.P. owns 48,386 shares or 4.44% of their US portfolio. Moreover, Tybourne Capital Management Hk Ltd has 3.49% invested in the company for 1.54 million shares. The Connecticut-based Gillespie Robinson & Grimm Inc has invested 3.3% in the stock. Mcrae Capital Management Inc, a New Jersey-based fund reported 148,645 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 9 sales for $3.81 million net activity.
Ratings analysis reveals 41% of Dunkin Brands’s analysts are positive. Out of 22 Wall Street analysts rating Dunkin Brands, 9 give it “Buy”, 1 “Sell” rating, while 12 recommend “Hold”. The lowest target is $42 while the high is $62. The stock’s average target of $50.07 is -7.11% below today’s ($53.9) share price. DNKN was included in 41 notes of analysts from July 29, 2015. RBC Capital Markets downgraded it to “Sector Perform” rating and $54 target price in Monday, October 17 report. Maxim Group maintained Dunkin Brands Group Inc (NASDAQ:DNKN) rating on Thursday, November 19. Maxim Group has “Buy” rating and $57 price target. As per Tuesday, October 27, the company rating was downgraded by Tigress Financial. The stock of Dunkin Brands Group Inc (NASDAQ:DNKN) earned “Outperform” rating by Credit Suisse on Friday, October 2. Evercore initiated Dunkin Brands Group Inc (NASDAQ:DNKN) on Tuesday, April 5 with “Sell” rating. CLSA upgraded the stock to “Outperform” rating in Friday, October 2 report. As per Friday, August 28, the company rating was initiated by Maxim Group. The company was downgraded on Thursday, October 15 by Argus Research. Maxim Group maintained it with “Buy” rating and $57 target price in Tuesday, September 27 report. As per Friday, July 22, the company rating was maintained by Goldman Sachs.
Dunkin’ Brands Group, Inc., incorporated on November 22, 2005, is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. The Firm has over 18,000 points of distribution in approximately 60 countries across the world. It has over 11,750 Dunkin’ Donuts points of distribution, of which approximately 8,430 are in the United States and over 3,320 are international, and approximately 7,610 Baskin-Robbins points of distribution, of which over 5,104 are international and approximately 2,500 are in the United States.
More notable recent Dunkin Brands Group Inc (NASDAQ:DNKN) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Dunkin’ Brands Group, Ormat Technologies and Southern” on November 15, 2016, also Wsj.com with their article: “Dunkin’ Brands Franchisees Slowing on Store Openings” published on October 20, 2016, Wsj.com published: “Former McDonald’s Executive to Give Up More Than $6 Million in Move to Dunkin …” on September 22, 2016. More interesting news about Dunkin Brands Group Inc (NASDAQ:DNKN) were released by: Prnewswire.com and their article: “Dunkin’ Donuts Celebrates National Espresso Day with $1.99 Medium Hot or Iced …” published on November 23, 2016 as well as Finance.Yahoo.com‘s news article titled: “Dunkin’ Brands Poised for Long-Term Growth, Risks Remain” with publication date: November 17, 2016.
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By Darrin Black