Institutional investors and hedge funds own 97.53% of the company's stock. Pinnacle Associates Ltd. acquired a new position in shares of Dunkin' Brands Group during the fourth quarter valued at about $212,000. Russell Investments Group Ltd. purchased a new stake in Dunkin Brands Group during the fourth quarter valued at about $157,000. The restaurant operator reported $0.54 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.06. Dunkin' Brands Group reported earnings of $0.57 per share during the same quarter last year, which would suggest a positive year over year growth rate of 8.8%.
A number of analysts have weighed in on the stock. Teachers Advisors LLC increased its position in Dunkin' Brands Group by 4.9% in the first quarter. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. Proficio Capital Partners LLC raised its stake in shares of Dunkin' Brands Group by 0.7% 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 during the last quarter. Illinois-based Spot Trading Limited Liability Co has invested 0.01% in Dunkin Brands Group Inc (NASDAQ:DNKN). $275,000 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) shares were sold by EMMETT RICHARD J. The firm's 50-day moving average is $56.93 and its 200 day moving average is $54.64. Dunkin Brands has $68 highest and $42 lowest target. It improved, as 31 investors sold Dunkin Brands Group Inc shares while 94 reduced holdings. During the same period in the previous year, the company posted $0.44 EPS.
So the company beats the analysts estimate by $0.06/share showing a surprise of 12.5%. Dunkin Brands Group had a negative return on equity of 108.58% and a net margin of 23.59%. Dunkin' Brands Group's quarterly revenue was up.5% compared to the same quarter previous year. Argus raised its rating on Dunkin' Brands Group, Inc.to Buy on 06/06/2017 in a reversal from its prior Hold rating.
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 14th. Shareholders of record on Monday, June 5th will be given a dividend of $0.3225 per share. The ex-dividend date of this dividend was Thursday, June 1st. PEP comes in with a P/S ratio of 2.64 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (6.61) and its peers (1.52). Dunkin' Brands Group's payout ratio is now 57.85%. If you are accessing this story on another website, it was stolen and republished in violation of United States and worldwide copyright and trademark laws. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws.
Dunkin' Brands Group (DNKN) opened at 54.85 on Friday.
DNKN has been the subject of several analyst reports. Maxim Group maintained Dunkin Brands Group Inc (NASDAQ:DNKN) rating on Tuesday, September 27.
More notable recent Dunkin Brands Group Inc (NASDAQ:DNKN) news were published by: Blogs.Wsj.com which released: "CFO Moves: Eli Lilly, Dunkin' Brands Group" on June 01, 2017, also Bizjournals.com with their article: "Dunkin' Donuts adds GE executive to board" published on May 23, 2017, Gurufocus.com published: "Dunkin' Brands to Present at Upcoming Investor Conference" on June 16, 2017. Barclays PLC increased their target price on shares of Dunkin' Brands Group from $62.00 to $65.00 and gave the company an "overweight" rating in a research report on Wednesday, May 31st. The company was maintained on Friday, July 22 by Goldman Sachs.
Equities research analysts at Mizuho assumed coverage on shares of Dunkin' Brands Group, Inc. The stock presently has an average rating of "Hold" and an average target price of $55.19. The company has a consensus rating of "Hold" and an average target price of $55.59. There are brokerage firms with lower targets than the average, including one setting a price target of $36.
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.