Nigel Travis Sells 25,000 Shares of Dunkin Brands Group Inc (NASDAQ:DNKN) Stock

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Dunkin Brands Group Inc (NASDAQ:DNKN) Director Nigel Travis sold 25,000 shares of Dunkin Brands Group stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $82.53, for a total value of $2,063,250.00. Following the completion of the transaction, the director now directly owns 172,624 shares of the company’s stock, valued at $14,246,658.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Nigel Travis also recently made the following trade(s):

  • On Thursday, August 8th, Nigel Travis sold 61,706 shares of Dunkin Brands Group stock. The shares were sold at an average price of $81.48, for a total value of $5,027,804.88.
  • On Friday, August 2nd, Nigel Travis sold 20,794 shares of Dunkin Brands Group stock. The shares were sold at an average price of $81.04, for a total value of $1,685,145.76.

DNKN stock traded down $0.59 during midday trading on Monday, reaching $82.25. The stock had a trading volume of 701,699 shares, compared to its average volume of 750,134. The business has a fifty day simple moving average of $81.03 and a two-hundred day simple moving average of $75.73. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 28.36, a PEG ratio of 2.49 and a beta of 0.46. Dunkin Brands Group Inc has a twelve month low of $61.69 and a twelve month high of $84.42.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.86 EPS for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.04. The firm had revenue of $359.30 million during the quarter, compared to analyst estimates of $360.32 million. Dunkin Brands Group had a negative return on equity of 36.53% and a net margin of 17.15%. The company’s revenue was up 2.5% on a year-over-year basis. During the same period last year, the company earned $0.77 earnings per share. Equities analysts anticipate that Dunkin Brands Group Inc will post 3.05 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.375 per share. The ex-dividend date is Friday, August 30th. This represents a $1.50 annualized dividend and a dividend yield of 1.82%. Dunkin Brands Group’s payout ratio is currently 51.72%.

DNKN has been the subject of a number of research analyst reports. Citigroup lifted their price target on Dunkin Brands Group from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday. Evercore ISI initiated coverage on Dunkin Brands Group in a report on Tuesday, June 11th. They issued an “in-line” rating and a $78.00 price target for the company. UBS Group set a $72.00 price target on Dunkin Brands Group and gave the company a “hold” rating in a report on Friday, May 3rd. Goldman Sachs Group initiated coverage on Dunkin Brands Group in a report on Monday, July 29th. They issued a “neutral” rating and a $85.00 price target for the company. Finally, Credit Suisse Group began coverage on Dunkin Brands Group in a report on Tuesday, June 25th. They issued an “underperform” rating and a $70.00 price target for the company. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $78.11.

Several institutional investors have recently bought and sold shares of DNKN. Point72 Asset Management L.P. acquired a new position in shares of Dunkin Brands Group during the 2nd quarter worth about $78,023,000. Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Dunkin Brands Group during the 1st quarter worth about $23,173,000. HS Management Partners LLC grew its position in shares of Dunkin Brands Group by 45.6% during the 2nd quarter. HS Management Partners LLC now owns 906,345 shares of the restaurant operator’s stock worth $72,199,000 after buying an additional 283,675 shares during the period. Nuveen Asset Management LLC grew its position in shares of Dunkin Brands Group by 345.1% during the 2nd quarter. Nuveen Asset Management LLC now owns 264,129 shares of the restaurant operator’s stock worth $21,040,000 after buying an additional 204,784 shares during the period. Finally, Apertura Capital LLC grew its position in shares of Dunkin Brands Group by 300.0% during the 1st quarter. Apertura Capital LLC now owns 200,000 shares of the restaurant operator’s stock worth $15,020,000 after buying an additional 150,000 shares during the period. Institutional investors own 87.21% 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.

Further Reading: Google Finance

Insider Buying and Selling by Quarter for Dunkin Brands Group (NASDAQ:DNKN)

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