Insider Selling: Dunkin Brands Group Inc (DNKN) CFO Sells 1,900 Shares of Stock

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Dunkin Brands Group Inc (NASDAQ:DNKN) CFO Katherine D. Jaspon sold 1,900 shares of Dunkin Brands Group stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $73.28, for a total transaction of $139,232.00. Following the transaction, the chief financial officer now owns 4,411 shares in the company, valued at approximately $323,238.08. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

DNKN stock traded down $0.26 during trading on Friday, reaching $74.51. The stock had a trading volume of 722,605 shares, compared to its average volume of 916,097. Dunkin Brands Group Inc has a 1-year low of $55.81 and a 1-year high of $77.13. The firm has a market capitalization of $6.18 billion, a P/E ratio of 30.66, a P/E/G ratio of 2.10 and a beta of 0.33.

Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Thursday, October 25th. The restaurant operator reported $0.83 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $350.01 million for the quarter, compared to analyst estimates of $344.17 million. Research analysts predict that Dunkin Brands Group Inc will post 2.84 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 5th. Shareholders 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 yield of 1.87%. Dunkin Brands Group’s dividend payout ratio is currently 57.20%.

Several equities analysts recently weighed in on DNKN shares. Jefferies Financial Group restated a “hold” rating and set a $65.00 target price on shares of Dunkin Brands Group in a report on Friday, July 13th. Morgan Stanley lifted their target price on shares of Dunkin Brands Group from $67.00 to $70.00 and gave the company an “equal weight” rating in a report on Monday, July 16th. BidaskClub upgraded shares of Dunkin Brands Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 19th. Maxim Group restated a “buy” rating and set a $77.00 target price on shares of Dunkin Brands Group in a report on Monday, July 23rd. Finally, Robert W. Baird restated a “buy” rating and set a $80.00 target price on shares of Dunkin Brands Group in a report on Thursday, July 26th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and twelve have given a buy rating to the company. Dunkin Brands Group currently has a consensus rating of “Hold” and an average target price of $70.17.

Hedge funds have recently modified their holdings of the business. Coastline Trust Co increased its position in shares of Dunkin Brands Group by 5.2% in the 3rd quarter. Coastline Trust Co now owns 15,060 shares of the restaurant operator’s stock worth $1,110,000 after purchasing an additional 750 shares during the last quarter. Barrett Asset Management LLC increased its position in shares of Dunkin Brands Group by 0.7% in the 3rd quarter. Barrett Asset Management LLC now owns 107,510 shares of the restaurant operator’s stock worth $7,926,000 after purchasing an additional 750 shares during the last quarter. First National Bank of Omaha increased its position in shares of Dunkin Brands Group by 21.5% in the 3rd quarter. First National Bank of Omaha now owns 4,260 shares of the restaurant operator’s stock worth $314,000 after purchasing an additional 755 shares during the last quarter. Aviance Capital Management LLC increased its position in shares of Dunkin Brands Group by 27.5% in the 2nd quarter. Aviance Capital Management LLC now owns 3,642 shares of the restaurant operator’s stock worth $252,000 after purchasing an additional 785 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its position in shares of Dunkin Brands Group by 3.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 22,400 shares of the restaurant operator’s stock worth $1,547,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 99.10% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Insider Selling: Dunkin Brands Group Inc (DNKN) CFO Sells 1,900 Shares of Stock” was originally published by Week Herald and is the sole property of of Week Herald. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://weekherald.com/2018/11/10/insider-selling-dunkin-brands-group-inc-dnkn-cfo-sells-1900-shares-of-stock.html.

About Dunkin Brands Group

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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