Insider Selling: Dunkin Brands Group Inc (NASDAQ:DNKN) SVP Sells 10,000 Shares of Stock

Dunkin Brands Group Inc (NASDAQ:DNKN) SVP John Varughese sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $74.20, for a total value of $742,000.00. Following the completion of the sale, the senior vice president now directly owns 11,425 shares in the company, valued at $847,735. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

John Varughese also recently made the following trade(s):

  • On Friday, August 16th, John Varughese sold 4,000 shares of Dunkin Brands Group stock. The stock was sold at an average price of $83.43, for a total value of $333,720.00.

Shares of NASDAQ:DNKN traded down $0.59 during midday trading on Monday, reaching $82.25. 701,699 shares of the company’s stock traded hands, compared to its average volume of 750,134. The company has a market cap of $6.83 billion, a price-to-earnings ratio of 28.36, a P/E/G ratio of 2.49 and a beta of 0.46. Dunkin Brands Group Inc has a one year low of $61.69 and a one year high of $84.42. The stock has a 50 day moving average of $81.03 and a 200 day moving average of $75.73.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. The firm had revenue of $359.30 million for the quarter, compared to the consensus estimate of $360.32 million. Dunkin Brands Group had a negative return on equity of 36.53% and a net margin of 17.15%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.77 earnings per share. Equities research analysts anticipate that Dunkin Brands Group Inc will post 3.05 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Tuesday, September 3rd will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Friday, August 30th. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 51.72%.

Several equities research analysts have commented on DNKN shares. Argus raised Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Wednesday, August 7th. Citigroup boosted their target price on Dunkin Brands Group from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday. Goldman Sachs Group started coverage on Dunkin Brands Group in a report on Monday, July 29th. They issued a “neutral” rating and a $85.00 target price on the stock. Credit Suisse Group initiated coverage on Dunkin Brands Group in a report on Tuesday, June 25th. They issued an “underperform” rating and a $70.00 target price on the stock. Finally, Morgan Stanley upped their price target on Dunkin Brands Group from $74.00 to $77.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $78.11.

A number of institutional investors have recently bought and sold shares of DNKN. Griffin Asset Management Inc. increased its position in Dunkin Brands Group by 1.3% in the second quarter. Griffin Asset Management Inc. now owns 13,715 shares of the restaurant operator’s stock worth $1,093,000 after buying an additional 180 shares in the last quarter. Prudential PLC purchased a new stake in Dunkin Brands Group in the second quarter worth about $566,000. Royal Bank of Canada increased its position in Dunkin Brands Group by 2.5% in the second quarter. Royal Bank of Canada now owns 169,193 shares of the restaurant operator’s stock worth $13,477,000 after buying an additional 4,185 shares in the last quarter. UBS Group AG increased its position in Dunkin Brands Group by 2.9% in the second quarter. UBS Group AG now owns 662,446 shares of the restaurant operator’s stock worth $52,771,000 after buying an additional 18,406 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new stake in Dunkin Brands Group in the second quarter worth about $341,000. Institutional investors own 87.21% of the company’s stock.

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 five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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Insider Buying and Selling by Quarter for Dunkin Brands Group (NASDAQ:DNKN)

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