Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Trading Volume Significantly Higher

Ausiliatrice Cristiano
Luglio 20, 2017

(NASDAQ:DNKN). CIO and Chief Strategy Officer John L. Clare sold 11,000 shares at an average price of $56.12 on Friday the 5th. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator's stock worth $392,023,000 after buying an additional 7,118,061 shares during the last quarter. Alliancebernstein L.P. owned 0.06% of Dunkin' Brands Group worth $3,103,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company.

As of quarter end Aperio Group, LLC had acquired a total of 2,093 shares growing its holdings by 8.5%. Heritage Way Advisors LLC now owns 31,648 shares of the restaurant operator's stock worth $1,744,000 after buying an additional 1,100 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Dunkin' Brands Group by 3.7% in the first quarter. State Treasurer State of MI now owns 38,000 shares of the restaurant operator's stock valued at $2,095,000 after buying an additional 600 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its stake in shares of Dunkin' Brands Group by 4.6% in the second quarter. Heritage Way Advisors, LLC now controls 31,648 shares worth $1,744,000. Arizona State Retirement System boosted its position in Dunkin' Brands Group by 7.8% in the first quarter. Clare now owns $733,264 of stock per an SEC filing yesterday.

Dunkin' Brands Group, Inc. has a one year low of $43.81 and a one year high of $59.70.

Current levels places Dunkin' Brands Group, Inc. While the stock price moved along with the volume change, shares are touching $53.60.

The company now has a P/E ratio of 24.11 and the market cap of the company is 4.93B.

WARNING: "Dunkin' Brands Group, Inc". The stock has a 50-day moving average of $56.12 and a 200-day moving average of $54.77.

Dunkin' Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, May 4th. The restaurant operator reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.06. Dunkin' Brands Group, Inc.is headquartered in Canton, Mass. The company had revenue of $190.70 million for the quarter, compared to the consensus estimate of $192.36 million. During the same quarter in the prior year, the business posted $0.44 EPS. On average, equities research analysts expect that Dunkin' Brands Group will post $2.43 EPS for the current year. Goldman Sachs Group, Inc.

According to Zacks, "Dunkin' Brands' shares outpaced the Zacks categorized Retail-Restaurants industry in the past year. (DNKN)" was originally published by Stock Observer and is the sole property of of Stock Observer. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of US and global trademark & copyright laws. The original version of this piece of content can be accessed at https://www.themarketsdaily.com/2017/07/19/dunkin-brands-group-inc-nasdaqdnkn-shares-bought-by-schwab-charles-investment-management-inc-updated.html. Barclays PLC lifted their price target on shares of Dunkin' Brands Group from $62.00 to $65.00 and gave the company an "overweight" rating in a report on Wednesday, May 31st. Cowen and Company reaffirmed a "market perform" rating on shares of Dunkin' Brands Group in a research note on Friday, March 24th.

Mr. Maceda has held several leadership positions in the Dunkin' Brands finance department. Finally, Credit Suisse Group restated an "outperform" rating and issued a $61.00 price objective on shares of Dunkin' Brands Group in a report on Monday, March 27th. Argus upgraded shares of Dunkin' Brands Group from a "hold" rating to a "buy" rating and raised their price target for the stock from $58.84 to $68.00 in a research note on Tuesday, June 6th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company. On July 28 the company was downgraded from "Outperform" to "Neutral" and a price target of $47.00 was set by CLSA. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) 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 through four segments: Dunkin' Donuts-U.S., Dunkin' Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

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