Dunkin Brands Group Inc (DNKN) : Gradient Investments scooped up 6,730 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 Oct 11, 2016. The investment management firm now holds a total of 102,552 shares of Dunkin Brands Group Inc which is valued at $5,303,989.Dunkin Brands Group Inc makes up approximately 0.52% of Gradient Investments’s portfolio.
Other Hedge Funds, Including , Vontobel Asset Management Inc sold out all of its stake in DNKN during the most recent quarter. The investment firm sold 391,425 shares of DNKN which is valued $20,244,501.Central Bank Trust Co reduced its stake in DNKN by selling 49 shares or 32.89% in the most recent quarter. The Hedge Fund company now holds 100 shares of DNKN which is valued at $5,100.First Mercantile Trust Co reduced its stake in DNKN by selling 2,750 shares or 70.48% in the most recent quarter. The Hedge Fund company now holds 1,152 shares of DNKN which is valued at $58,752. Dunkin Brands Group Inc makes up approx 0.01% of First Mercantile Trust Co’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in DNKN by selling 47,943 shares or 85.14% in the most recent quarter. The Hedge Fund company now holds 8,369 shares of DNKN which is valued at $426,066. Washington Trust Bank added DNKN to its portfolio by purchasing 14 company shares during the most recent quarter which is valued at $713.
Dunkin Brands Group Inc closed down -0.71 points or -1.37% at $51.01 with 9,62,768 shares getting traded on Tuesday. Post opening the session at $51.74, the shares hit an intraday low of $50.835 and an intraday high of $51.79 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Dunkin Brands Group Inc reported $0.57 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.56. The company had revenue of $216.30 million for the quarter, compared to analysts expectations of $219.93 million. The company’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
Many Wall Street Analysts have commented on Dunkin Brands Group Inc. Company shares were Reiterated by Maxim Group on Sep 27, 2016 to “Buy”, Firm has raised the Price Target to $ 57 from a previous price target of $54 .Dunkin Brands Group Inc was Downgraded by CLSA to ” Underperform” on Jul 28, 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.