Gillespie Robinson Grimm Inc Lowers stake in Dunkin Brands Group Inc (DNKN)

Dunkin Brands Group Inc (DNKN) : Gillespie Robinson Grimm Inc reduced its stake in Dunkin Brands Group Inc by 4.37% during the most recent quarter end. The investment management company now holds a total of 465,713 shares of Dunkin Brands Group Inc which is valued at $22,535,852 after selling 21,306 shares in Dunkin Brands Group Inc , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Dunkin Brands Group Inc makes up approximately 3.58% of Gillespie Robinson Grimm Inc’s portfolio.

Dunkin Brands Group Inc opened for trading at $47.36 and hit $48.7037 on the upside on Friday, eventually ending the session at $48.39, with a gain of 1.64% or 0.78 points. The heightened volatility saw the trading volume jump to 14,27,209 shares. Company has a market cap of $4,436 M.

Other Hedge Funds, Including , Manning Napier Advisors reduced its stake in DNKN by selling 156,080 shares or 42.78% in the most recent quarter. The Hedge Fund company now holds 208,780 shares of DNKN which is valued at $10,017,264. Dunkin Brands Group Inc makes up approx 0.06% of Manning Napier Advisors’s portfolio.Gierl Augustine Investment Management Inc boosted its stake in DNKN in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 52 shares of Dunkin Brands Group Inc which is valued at $2,495.Gradient Investments boosted its stake in DNKN in the latest quarter, The investment management firm added 980 additional shares and now holds a total of 88,167 shares of Dunkin Brands Group Inc which is valued at $4,230,253. Dunkin Brands Group Inc makes up approx 0.52% of Gradient Investments’s portfolio.

On the company’s financial health, Dunkin Brands Group Inc reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $0.50. The company had revenue of $203.80 million for the quarter, compared to analysts expectations of $203.56 million. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on Dunkin Brands Group Inc. Nomura Initiated Dunkin Brands Group Inc on Apr 20, 2016 to “Neutral”, Price Target of the shares are set at $46.Dunkin Brands Group Inc was Downgraded by Credit Agricole to ” Outperform” on Apr 13, 2016. Dunkin Brands Group Inc was Downgraded by Guggenheim to ” Neutral” on Mar 7, 2016.

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. The Company operates business through four segments: Dunkin’ Donuts-U.S. Dunkin’ Donuts International Baskin-Robbins International and Baskin-Robbins-U.S. Dunkin’ Donuts-U.S. segment is a United States QSR concept and markets donut and bagel categories for servings. In addition it has APODs such as self-service kiosks in grocery stores hospitals airports offices and other smaller-footprint properties. Baskin-Robbins-U.S. segment is one of the QSR chains in the United States for servings of hard-serve ice cream and develops and sells a range of frozen ice cream treats such as cones cakes sundaes and frozen beverages. It has approximately 11310 Dunkin’ Donuts and over 7552 Baskin-Robbins points of distribution.

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