Gradient Investments buys $4,230,253 stake in Dunkin Brands Group Inc (DNKN)

Dunkin Brands Group Inc (DNKN) : Gradient Investments scooped up 980 additional shares in Dunkin Brands Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm 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 approximately 0.52% of Gradient Investments’s portfolio.

Dunkin Brands Group Inc opened for trading at $48.01 and hit $48.34 on the upside on Monday, eventually ending the session at $47.99, with a gain of 0.02% or 0.01 points. The heightened volatility saw the trading volume jump to 8,65,891 shares. Company has a market cap of $4,399 M.

Other Hedge Funds, Including , Kanaly Trust Co sold out all of its stake in DNKN during the most recent quarter. The investment firm sold 279 shares of DNKN which is valued $13,386.Webster Bank N. A. reduced its stake in DNKN by selling 2,425 shares or 2.95% in the most recent quarter. The Hedge Fund company now holds 79,800 shares of DNKN which is valued at $3,828,804. Dunkin Brands Group Inc makes up approx 0.59% of Webster Bank N. A.’s portfolio. Central Trust Co sold out all of its stake in DNKN during the most recent quarter. The investment firm sold 150 shares of DNKN which is valued $7,197.Capstone Asset Management Co boosted its stake in DNKN in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 9,762 shares of Dunkin Brands Group Inc which is valued at $468,381. Dunkin Brands Group Inc makes up approx 0.01% of Capstone Asset Management Co’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. 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 was Downgraded by CL King to ” Neutral” on Feb 18, 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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