Breaking: Bank of America Reconfirms $69 TP On Dunkin Brands Group (NASDAQ:DNKN) Shares, Reconfirms Their Original Neutral Rating

June 14, 2018 - By Margaret Downey

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Logo

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.16, from 1.13 in 2017Q4. It dropped, as 30 investors sold Dunkin' Brands Group, Inc. shares while 111 reduced holdings. 52 funds opened positions while 85 raised stakes. 80.16 million shares or 3.00% more from 77.82 million shares in 2017Q4 were reported.

State Of New Jersey Common Pension Fund D holds 0.05% of its portfolio in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 230,000 shares. Wellington Mngmt Grp Llp reported 691,989 shares. Bradley Foster Sargent Ct has 7,260 shares. 92,283 were accumulated by Parallax Volatility Advisers Lp. Tru Department Mb Fin Bankshares N A has 14 shares for 0% of their portfolio. Bluecrest Capital owns 48,107 shares for 0.09% of their portfolio. Moreover, Brown Brothers Harriman And Com has 0% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Gru accumulated 0.04% or 175,687 shares. Oppenheimer Asset Inc reported 7,800 shares. Blue Fincl Inc owns 5,610 shares. Arrowmark Colorado Ltd Company holds 0.92% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) or 1.55 million shares. Quantitative Investment Mgmt Ltd reported 0.12% of its portfolio in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Hudson Bay Mgmt L P invested in 0.08% or 61,100 shares. Sei Invs reported 359,218 shares. Proshare Advsrs Limited Company has 0% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 7,364 shares.

Since February 14, 2018, it had 0 buys, and 15 sales for $33.61 million activity. $3.62 million worth of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) was sold by TRAVIS NIGEL. EMMETT RICHARD J sold $48,068 worth of stock or 750 shares. $293,693 worth of stock was sold by Murphy Scott on Wednesday, February 21. Jaspon Katherine D. sold $99,205 worth of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) on Tuesday, May 8. 46,180 Dunkin' Brands Group, Inc. (NASDAQ:DNKN) shares with value of $2.83M were sold by Mitchell William M.

Dunkin Brands Group (NASDAQ:DNKN) Rating Reaffirmed

In a research report issued to clients and investors this morning, Bank of America kept their Neutral rating on Dunkin Brands Group (NASDAQ:DNKN) shares. The target price per share gives a possible upside of 0.77 % from firm’s previous close.

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Ratings Coverage

Among 17 analysts covering Dunkin’ Brands (NASDAQ:DNKN), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Dunkin’ Brands has $78.0 highest and $54 lowest target. $64.29’s average target is -6.10% below currents $68.47 stock price. Dunkin’ Brands had 24 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Friday, December 22. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) earned “Hold” rating by Cowen & Co on Friday, February 2. The company was maintained on Friday, February 9 by Wells Fargo. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 2. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, March 26. On Tuesday, January 30 the stock rating was maintained by Nomura with “Neutral”. Piper Jaffray maintained it with “Hold” rating and $62.0 target in Thursday, February 22 report. On Thursday, June 7 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) earned “Buy” rating by Robert W. Baird on Thursday, February 8. As per Tuesday, April 17, the company rating was maintained by Maxim Group.

The stock increased 0.74% or $0.5 during the last trading session, reaching $68.47. About 688,518 shares traded. Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has risen 12.83% since June 15, 2017 and is uptrending. It has outperformed by 0.26% the S&P500.

Analysts await Dunkin' Brands Group, Inc. (NASDAQ:DNKN) to report earnings on July, 26. They expect $0.74 EPS, up 15.63 % or $0.10 from last year’s $0.64 per share. DNKN’s profit will be $61.40 million for 23.13 P/E if the $0.74 EPS becomes a reality. After $0.62 actual EPS reported by Dunkin' Brands Group, Inc. for the previous quarter, Wall Street now forecasts 19.35 % EPS growth.

DunkinÂ’ Brands Group, Inc., together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the DunkinÂ’ Donuts and Baskin-Robbins brands worldwide. The company has market cap of $5.68 billion. The firm operates through four divisions: DunkinÂ’ Donuts U.S., DunkinÂ’ Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. It has a 17.49 P/E ratio. The Company’s restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard-serve ice cream, soft serve ice cream, frozen yogurt, shakes, malts, floats, and cakes.

More notable recent Dunkin' Brands Group, Inc. (NASDAQ:DNKN) news were published by: Seekingalpha.com which released: “Why Invest In Companies That Partner With Sports Leagues?” on June 03, 2018, also Seekingalpha.com with their article: “Cheap Coffee Prices Will Not Last Long” published on June 01, 2018, Seekingalpha.com published: “Dunkin’ Brands CEO takes aim at short seller” on June 04, 2018. More interesting news about Dunkin' Brands Group, Inc. (NASDAQ:DNKN) were released by: Seekingalpha.com and their article: “JAB Holdings lands Pret A Manger” published on May 29, 2018 as well as Fool.com‘s news article titled: “Why I Will Never Buy Dunkin’ Brands Stock” with publication date: June 05, 2018.

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Institutional Positions Chart

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