Cerebellum GP LLC Purchases 2,033 Shares of Dunkin Brands Group Inc (NASDAQ:DNKN)

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Cerebellum GP LLC grew its position in shares of Dunkin Brands Group Inc (NASDAQ:DNKN) by 37.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,471 shares of the restaurant operator’s stock after buying an additional 2,033 shares during the quarter. Cerebellum GP LLC’s holdings in Dunkin Brands Group were worth $564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DNKN. Selective Wealth Management Inc. purchased a new stake in shares of Dunkin Brands Group in the 3rd quarter worth $26,000. Private Capital Group LLC increased its stake in shares of Dunkin Brands Group by 29.7% in the 2nd quarter. Private Capital Group LLC now owns 529 shares of the restaurant operator’s stock worth $37,000 after purchasing an additional 121 shares in the last quarter. Kings Point Capital Management increased its stake in shares of Dunkin Brands Group by 253.3% in the 2nd quarter. Kings Point Capital Management now owns 530 shares of the restaurant operator’s stock worth $42,000 after purchasing an additional 380 shares in the last quarter. Cutler Group LP increased its stake in shares of Dunkin Brands Group by 136.8% in the 3rd quarter. Cutler Group LP now owns 554 shares of the restaurant operator’s stock worth $43,000 after purchasing an additional 320 shares in the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of Dunkin Brands Group by 62.8% in the 3rd quarter. Penserra Capital Management LLC now owns 946 shares of the restaurant operator’s stock worth $75,000 after purchasing an additional 365 shares in the last quarter. 86.65% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have recently commented on DNKN. Robert W. Baird restated a “buy” rating and issued a $88.00 price objective on shares of Dunkin Brands Group in a research note on Friday, January 10th. Wedbush restated a “positive” rating on shares of Dunkin Brands Group in a research note on Friday, November 1st. Guggenheim upgraded Dunkin Brands Group from a “neutral” rating to a “buy” rating and set a $83.00 price objective for the company in a research note on Friday, December 20th. Longbow Research restated a “hold” rating on shares of Dunkin Brands Group in a research note on Tuesday, September 24th. Finally, BTIG Research restated a “hold” rating on shares of Dunkin Brands Group in a research note on Friday, November 1st. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $80.61.

Shares of DNKN stock opened at $78.40 on Thursday. Dunkin Brands Group Inc has a 52-week low of $64.11 and a 52-week high of $84.74. The firm has a market capitalization of $6.46 billion, a PE ratio of 27.03, a PEG ratio of 2.17 and a beta of 0.39. The stock has a fifty day simple moving average of $75.81 and a two-hundred day simple moving average of $78.35.

Dunkin Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Thursday, October 31st. The restaurant operator reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.09. Dunkin Brands Group had a negative return on equity of 38.96% and a net margin of 17.54%. The business had revenue of $355.90 million during the quarter, compared to analyst estimates of $357.91 million. During the same quarter in the prior year, the business posted $0.83 EPS. Dunkin Brands Group’s revenue for the quarter was up 1.7% compared to the same quarter last year. Equities analysts anticipate that Dunkin Brands Group Inc will post 3.13 earnings per share for the current fiscal year.

In other Dunkin Brands Group news, CFO Katherine D. Jaspon sold 15,198 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $75.99, for a total value of $1,154,896.02. Corporate insiders own 1.70% of the company’s stock.

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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Institutional Ownership by Quarter for Dunkin Brands Group (NASDAQ:DNKN)

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