Insider Selling: Dunkin Brands Group Inc (NASDAQ:DNKN) SVP Sells $742,000.00 in Stock

Dunkin Brands Group Inc (NASDAQ:DNKN) SVP John Varughese sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $74.20, for a total transaction of $742,000.00. Following the sale, the senior vice president now owns 11,425 shares of the company’s stock, valued at approximately $847,735. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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 transaction of $333,720.00.

Shares of DNKN stock opened at $83.00 on Thursday. Dunkin Brands Group Inc has a 52 week low of $61.69 and a 52 week high of $84.42. The stock has a market capitalization of $6.80 billion, a PE ratio of 27.06, a P/E/G ratio of 2.48 and a beta of 0.46. The firm has a 50 day moving average of $81.35 and a two-hundred day moving average of $75.98.

Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.04. Dunkin Brands Group had a net margin of 17.15% and a negative return on equity of 36.53%. The company had revenue of $359.30 million during the quarter, compared to analysts’ expectations of $360.32 million. During the same quarter last year, the company posted $0.77 EPS. The firm’s revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts predict that Dunkin Brands Group Inc will post 3.05 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Tuesday, September 3rd will be given a $0.375 dividend. The ex-dividend date is Friday, August 30th. This represents a $1.50 annualized dividend and a yield of 1.81%. Dunkin Brands Group’s dividend payout ratio is presently 51.72%.

A number of analysts have recently issued reports on the stock. Wedbush restated an “outperform” rating and set a $92.00 price target on shares of Dunkin Brands Group in a report on Friday, August 2nd. Morgan Stanley lifted their target price on shares of Dunkin Brands Group from $74.00 to $77.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Evercore ISI started coverage on shares of Dunkin Brands Group in a report on Tuesday, June 11th. They issued an “in-line” rating and a $78.00 target price for the company. Credit Suisse Group started coverage on shares of Dunkin Brands Group in a report on Tuesday, June 25th. They issued an “underperform” rating and a $70.00 target price for the company. Finally, Argus upgraded shares of Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a report on Wednesday, August 7th. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the stock. Dunkin Brands Group presently has a consensus rating of “Hold” and a consensus price target of $78.11.

Hedge funds have recently modified their holdings of the business. Private Capital Group LLC lifted its position in shares of Dunkin Brands Group by 29.7% during the 2nd quarter. Private Capital Group LLC now owns 529 shares of the restaurant operator’s stock worth $37,000 after purchasing an additional 121 shares during the last quarter. 6 Meridian lifted its position in shares of Dunkin Brands Group by 1.8% during the 2nd quarter. 6 Meridian now owns 7,177 shares of the restaurant operator’s stock worth $572,000 after purchasing an additional 126 shares during the last quarter. Claro Advisors LLC lifted its position in shares of Dunkin Brands Group by 4.9% during the 2nd quarter. Claro Advisors LLC now owns 3,273 shares of the restaurant operator’s stock worth $261,000 after purchasing an additional 153 shares during the last quarter. Douglass Winthrop Advisors LLC lifted its position in shares of Dunkin Brands Group by 0.4% during the 2nd quarter. Douglass Winthrop Advisors LLC now owns 47,436 shares of the restaurant operator’s stock worth $3,779,000 after purchasing an additional 175 shares during the last quarter. Finally, Griffin Asset Management Inc. lifted its position in shares of Dunkin Brands Group by 1.3% during the 2nd quarter. Griffin Asset Management Inc. now owns 13,715 shares of the restaurant operator’s stock worth $1,093,000 after purchasing an additional 180 shares during the last quarter. 87.21% of the stock is owned by institutional investors.

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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