Insider Selling: Dunkin Brands Group Inc (DNKN) COO Sells 29,709 Shares of Stock

Dunkin Brands Group Inc (NASDAQ:DNKN) COO Scott Murphy sold 29,709 shares of the stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $74.51, for a total transaction of $2,213,617.59. Following the completion of the sale, the chief operating officer now owns 11,882 shares in the company, valued at $885,327.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Scott Murphy also recently made the following trade(s):

  • On Friday, May 10th, Scott Murphy sold 1,660 shares of Dunkin Brands Group stock. The shares were sold at an average price of $74.50, for a total transaction of $123,670.00.
  • On Friday, May 3rd, Scott Murphy sold 10,011 shares of Dunkin Brands Group stock. The shares were sold at an average price of $74.53, for a total transaction of $746,119.83.

Shares of DNKN traded up $0.22 on Tuesday, hitting $74.02. 582,100 shares of the stock traded hands, compared to its average volume of 786,766. The company has a market capitalization of $6.10 billion, a price-to-earnings ratio of 25.52, a PEG ratio of 2.28 and a beta of 0.47. Dunkin Brands Group Inc has a 1 year low of $61.69 and a 1 year high of $77.50.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.05. The business had revenue of $319.10 million for the quarter, compared to the consensus estimate of $312.38 million. Dunkin Brands Group had a net margin of 17.33% and a negative return on equity of 33.52%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 earnings per share. As a group, equities research analysts expect that Dunkin Brands Group Inc will post 3 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Monday, June 3rd will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Friday, May 31st. Dunkin Brands Group’s payout ratio is 51.72%.

Several analysts have recently commented on DNKN shares. Maxim Group reiterated a “buy” rating and issued a $79.00 price target (down from $83.00) on shares of Dunkin Brands Group in a research report on Friday, February 8th. BidaskClub upgraded shares of Dunkin Brands Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 18th. Zacks Investment Research lowered shares of Dunkin Brands Group from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Citigroup lowered their price target on shares of Dunkin Brands Group from $87.00 to $82.00 and set a “buy” rating on the stock in a research report on Thursday, February 14th. Finally, UBS Group set a $72.00 price target on shares of Dunkin Brands Group and gave the company a “hold” rating in a research report on Friday, February 8th. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $70.05.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System raised its stake in Dunkin Brands Group by 2.4% during the fourth quarter. California State Teachers Retirement System now owns 130,545 shares of the restaurant operator’s stock worth $8,371,000 after purchasing an additional 3,070 shares during the period. State of Alaska Department of Revenue raised its stake in Dunkin Brands Group by 6.6% during the fourth quarter. State of Alaska Department of Revenue now owns 34,320 shares of the restaurant operator’s stock worth $2,200,000 after purchasing an additional 2,126 shares during the period. IFP Advisors Inc raised its stake in Dunkin Brands Group by 3.3% during the fourth quarter. IFP Advisors Inc now owns 17,825 shares of the restaurant operator’s stock worth $1,130,000 after purchasing an additional 564 shares during the period. Commonwealth Equity Services LLC raised its stake in Dunkin Brands Group by 2.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 151,338 shares of the restaurant operator’s stock worth $9,703,000 after purchasing an additional 3,869 shares during the period. Finally, Cetera Advisors LLC raised its stake in Dunkin Brands Group by 54.9% during the fourth quarter. Cetera Advisors LLC now owns 4,646 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 1,647 shares during the period. 93.71% of the stock is currently owned by institutional investors and hedge funds.

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About Dunkin Brands Group

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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