Trade Report: Today, Credit Suisse Group AG Increases Dunkin’ Brands Group Inc. (DNKN) Price Target to $57.00

Today, Credit Suisse Group AG Increases Dunkin’ Brands Group Inc. (DNKN) Price Target to $57.00

Dunkin’ Brands Group Inc. (NASDAQ:DNKN) had its target price upped by stock analysts at Credit Suisse Group AG from $53.00 to $57.00 in a report released on Tuesday. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group AG’s target price suggests a potential upside of 6.11% from the stock’s current price.

A number of other brokerages have also weighed in on DNKN. RBC Capital Markets lowered shares of Dunkin’ Brands Group from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $51.00 to $54.00 in a report on Monday, October 17th. They noted that the move was a valuation call. Royal Bank Of Canada lowered shares of Dunkin’ Brands Group from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $51.00 to $54.00 in a report on Monday, October 17th. TheStreet upgraded shares of Dunkin’ Brands Group to a “buy” rating in a report on Friday, October 14th. Maxim Group boosted their price objective on shares of Dunkin’ Brands Group from $54.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, September 27th. Finally, Robert W. Baird restated an “outperform” rating on shares of Dunkin’ Brands Group in a report on Thursday, September 8th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.91.

Dunkin’ Brands Group (NASDAQ:DNKN) traded up 0.69% during mid-day trading on Tuesday, hitting $54.13. 130,690 shares of the stock traded hands. The company has a 50-day moving average of $49.93 and a 200 day moving average of $47.43. The firm has a market capitalization of $4.97 billion, a P/E ratio of 38.47 and a beta of 0.25. Dunkin’ Brands Group has a 1-year low of $36.44 and a 1-year high of $54.41.

Dunkin’ Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, October 20th. The company reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.01. The firm earned $207.10 million during the quarter, compared to analyst estimates of $163.51 million. Dunkin’ Brands Group had a net margin of 15.98% and a negative return on equity of 95.96%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS. On average, equities research analysts anticipate that Dunkin’ Brands Group will post $2.22 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Monday, November 21st will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Thursday, November 17th. Dunkin’ Brands Group’s payout ratio is currently 85.11%.

In other Dunkin’ Brands Group news, SVP Scott Murphy sold 18,750 shares of the business’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $47.23, for a total transaction of $885,562.50. Following the transaction, the senior vice president now directly owns 25,504 shares of the company’s stock, valued at approximately $1,204,553.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Paul C. Carbone sold 3,804 shares of the business’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $47.24, for a total transaction of $179,700.96. Following the transaction, the chief financial officer now directly owns 24,905 shares in the company, valued at $1,176,512.20. The disclosure for this sale can be found here. Company insiders own 2.90% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Piedmont Investment Advisors LLC bought a new position in shares of Dunkin’ Brands Group during the third quarter worth about $564,000. Price T Rowe Associates Inc. MD increased its position in shares of Dunkin’ Brands Group by 34.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 1,731,479 shares of the company’s stock worth $90,175,000 after buying an additional 442,815 shares during the last quarter. LPL Financial LLC increased its position in shares of Dunkin’ Brands Group by 3.2% in the third quarter. LPL Financial LLC now owns 8,364 shares of the company’s stock worth $430,000 after buying an additional 259 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Dunkin’ Brands Group by 90.8% in the third quarter. Ameritas Investment Partners Inc. now owns 27,647 shares of the company’s stock worth $1,440,000 after buying an additional 13,157 shares during the period. Finally, Cetera Advisor Networks LLC acquired a new stake in shares of Dunkin’ Brands Group during the third quarter worth approximately $207,000. 97.53% of the stock is currently owned by institutional investors and hedge funds.

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Trade Report: Today, Credit Suisse Group AG Increases Dunkin’ Brands Group Inc. (DNKN) Price Target to $57.00

Today, Credit Suisse Group AG Increases Dunkin’ Brands Group Inc. (DNKN) Price Target to $57.00

Dunkin’ Brands Group Inc. (NASDAQ:DNKN) had its target price upped by stock analysts at Credit Suisse Group AG from $53.00 to $57.00 in a report released on Tuesday. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group AG’s target price suggests a potential upside of 6.11% from the stock’s current price.

A number of other brokerages have also weighed in on DNKN. RBC Capital Markets lowered shares of Dunkin’ Brands Group from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $51.00 to $54.00 in a report on Monday, October 17th. They noted that the move was a valuation call. Royal Bank Of Canada lowered shares of Dunkin’ Brands Group from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $51.00 to $54.00 in a report on Monday, October 17th. TheStreet upgraded shares of Dunkin’ Brands Group to a “buy” rating in a report on Friday, October 14th. Maxim Group boosted their price objective on shares of Dunkin’ Brands Group from $54.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, September 27th. Finally, Robert W. Baird restated an “outperform” rating on shares of Dunkin’ Brands Group in a report on Thursday, September 8th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.91.

Dunkin’ Brands Group (NASDAQ:DNKN) traded up 0.69% during mid-day trading on Tuesday, hitting $54.13. 130,690 shares of the stock traded hands. The company has a 50-day moving average of $49.93 and a 200 day moving average of $47.43. The firm has a market capitalization of $4.97 billion, a P/E ratio of 38.47 and a beta of 0.25. Dunkin’ Brands Group has a 1-year low of $36.44 and a 1-year high of $54.41.

Dunkin’ Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, October 20th. The company reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.01. The firm earned $207.10 million during the quarter, compared to analyst estimates of $163.51 million. Dunkin’ Brands Group had a net margin of 15.98% and a negative return on equity of 95.96%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS. On average, equities research analysts anticipate that Dunkin’ Brands Group will post $2.22 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Monday, November 21st will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Thursday, November 17th. Dunkin’ Brands Group’s payout ratio is currently 85.11%.

In other Dunkin’ Brands Group news, SVP Scott Murphy sold 18,750 shares of the business’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $47.23, for a total transaction of $885,562.50. Following the transaction, the senior vice president now directly owns 25,504 shares of the company’s stock, valued at approximately $1,204,553.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Paul C. Carbone sold 3,804 shares of the business’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $47.24, for a total transaction of $179,700.96. Following the transaction, the chief financial officer now directly owns 24,905 shares in the company, valued at $1,176,512.20. The disclosure for this sale can be found here. Company insiders own 2.90% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Piedmont Investment Advisors LLC bought a new position in shares of Dunkin’ Brands Group during the third quarter worth about $564,000. Price T Rowe Associates Inc. MD increased its position in shares of Dunkin’ Brands Group by 34.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 1,731,479 shares of the company’s stock worth $90,175,000 after buying an additional 442,815 shares during the last quarter. LPL Financial LLC increased its position in shares of Dunkin’ Brands Group by 3.2% in the third quarter. LPL Financial LLC now owns 8,364 shares of the company’s stock worth $430,000 after buying an additional 259 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Dunkin’ Brands Group by 90.8% in the third quarter. Ameritas Investment Partners Inc. now owns 27,647 shares of the company’s stock worth $1,440,000 after buying an additional 13,157 shares during the period. Finally, Cetera Advisor Networks LLC acquired a new stake in shares of Dunkin’ Brands Group during the third quarter worth approximately $207,000. 97.53% of the stock is currently owned by institutional investors and hedge funds.

About Dunkin’ Brands Group

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