Dunkin Brands Group (DNKN) PT Set at $76.00 by UBS Group

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UBS Group set a $76.00 target price on Dunkin Brands Group (NASDAQ:DNKN) in a report released on Friday morning, www.stocktargetadvisor.com reports. The firm currently has a hold rating on the restaurant operator’s stock.

Several other research firms also recently commented on DNKN. Maxim Group upped their price target on shares of Dunkin Brands Group from $77.00 to $83.00 and gave the company a buy rating in a research note on Wednesday, September 26th. They noted that the move was a valuation call. Robert W. Baird restated a buy rating and issued a $80.00 price target on shares of Dunkin Brands Group in a research note on Thursday, July 26th. BidaskClub downgraded shares of Dunkin Brands Group from a strong-buy rating to a buy rating in a research note on Thursday, July 26th. Citigroup upped their price target on shares of Dunkin Brands Group from $80.00 to $83.00 and gave the company a buy rating in a research note on Monday, August 13th. Finally, BMO Capital Markets upped their price target on shares of Dunkin Brands Group from $78.00 to $81.00 and gave the company an outperform rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $70.00.

NASDAQ:DNKN opened at $70.84 on Friday. Dunkin Brands Group has a one year low of $54.31 and a one year high of $77.13. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of 29.15, a P/E/G ratio of 2.06 and a beta of 0.35.

Dunkin Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, October 25th. The restaurant operator reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.10. Dunkin Brands Group had a net margin of 30.28% and a negative return on equity of 41.14%. The business had revenue of $350.01 million for the quarter, compared to the consensus estimate of $344.17 million. Equities research analysts predict that Dunkin Brands Group will post 2.83 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Monday, November 26th will be issued a $0.3475 dividend. The ex-dividend date is Friday, November 23rd. This represents a $1.39 dividend on an annualized basis and a dividend yield of 1.96%. Dunkin Brands Group’s dividend payout ratio (DPR) is currently 57.20%.

In related news, Chairman Nigel Travis sold 137,606 shares of the firm’s stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $71.15, for a total value of $9,790,666.90. Following the completion of the transaction, the chairman now owns 385,187 shares in the company, valued at approximately $27,406,055.05. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Jason Maceda sold 7,103 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $71.89, for a total transaction of $510,634.67. Following the completion of the transaction, the senior vice president now owns 3,771 shares of the company’s stock, valued at approximately $271,097.19. The disclosure for this sale can be found here. Insiders sold 456,403 shares of company stock valued at $32,279,623 in the last three months. Company insiders own 3.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of DNKN. Schwab Charles Investment Management Inc. increased its position in Dunkin Brands Group by 7.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 436,919 shares of the restaurant operator’s stock valued at $30,178,000 after purchasing an additional 32,045 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Dunkin Brands Group by 38.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 12,043 shares of the restaurant operator’s stock valued at $832,000 after purchasing an additional 3,355 shares during the period. Keybank National Association OH increased its position in Dunkin Brands Group by 175.4% during the 2nd quarter. Keybank National Association OH now owns 24,375 shares of the restaurant operator’s stock valued at $1,684,000 after purchasing an additional 15,525 shares during the period. Dimensional Fund Advisors LP increased its position in Dunkin Brands Group by 7.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 569,154 shares of the restaurant operator’s stock valued at $39,312,000 after purchasing an additional 41,318 shares during the period. Finally, High Falls Advisors Inc acquired a new stake in Dunkin Brands Group during the 2nd quarter valued at approximately $222,000. Institutional investors and hedge funds own 98.77% 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 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.

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Analyst Recommendations for Dunkin Brands Group (NASDAQ:DNKN)

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