A Reversal for Dunkin' Brands Group, Inc. (DNKN) Is Not Near. The Stock Reaches 52-Week High Today

June 22, 2018 - By Linda Rogers

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 worsened, 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.
Grp accumulated 175,687 shares. First Republic Inv Management Inc accumulated 8,234 shares. Commonwealth Of Pennsylvania School Empls Retrmt owns 22,179 shares or 0.02% of their US portfolio. Geode Cap Ltd Co invested 0.02% of its portfolio in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Fmr Ltd Limited Liability Company, a Massachusetts-based fund reported 8.05 million shares. Louisiana State Employees Retirement System owns 0.06% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 21,600 shares. Oregon Employees Retirement Fund invested in 33,964 shares. Gemmer Asset Mngmt Limited Company accumulated 82 shares or 0% of the stock. Employees Retirement Sys Of Ohio holds 37,393 shares. Kansas-based Creative Planning has invested 0% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Kepos Limited Partnership owns 19,712 shares. Wagner Bowman Mgmt invested in 0.14% or 8,615 shares. Olstein Mngmt Lp owns 97,020 shares. Janney Montgomery Scott Lc reported 0.01% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Tiaa Cref Inv Mgmt Ltd Limited Liability Company, a New York-based fund reported 288,442 shares.

Since February 14, 2018, it had 0 buys, and 15 sales for $33.61 million activity. On Tuesday, May 8 Jaspon Katherine D. sold $99,205 worth of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) or 1,530 shares. 4,750 shares valued at $293,693 were sold by Murphy Scott on Wednesday, February 21. Mitchell William M sold $2.83 million worth of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) on Wednesday, February 14. Shares for $282,780 were sold by EMMETT RICHARD J. 14,737 Dunkin' Brands Group, Inc. (NASDAQ:DNKN) shares with value of $942,579 were sold by Clare John L..

The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) hit a new 52-week high and has $73.38 target or 5.00 % above today’s $69.89 share price. The 9 months bullish chart indicates low risk for the $5.80 billion company. The 1-year high was reported on Jun, 22 by Barchart.com. If the $73.38 price target is reached, the company will be worth $289.90 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.80% or $0.56 during the last trading session, reaching $69.89. About 601,782 shares traded. Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has risen 12.83% since June 22, 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 $61.39M for 23.61 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.

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

Among 15 analysts covering Dunkin’ Brands (NASDAQ:DNKN), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Dunkin’ Brands had 23 analyst reports since January 2, 2018 according to SRatingsIntel. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) earned “Buy” rating by Maxim Group on Tuesday, April 17. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has “Market Perform” rating given on Friday, February 9 by Wells Fargo. Robert W. Baird maintained Dunkin' Brands Group, Inc. (NASDAQ:DNKN) on Wednesday, April 4 with “Buy” rating. On Thursday, February 8 the stock rating was maintained by Robert W. Baird with “Buy”. The firm has “Hold” rating given on Friday, February 2 by Cowen & Co. The rating was upgraded by William Blair to “Outperform” on Monday, January 22. On Monday, February 5 the stock rating was maintained by Stephens with “Hold”. Mizuho maintained Dunkin' Brands Group, Inc. (NASDAQ:DNKN) rating on Wednesday, February 7. Mizuho has “Sell” rating and $57.0 target. The rating was maintained by Robert W. Baird with “Buy” on Friday, April 27. As per Wednesday, February 7, the company rating was maintained by Bank of America.

More notable recent Dunkin' Brands Group, Inc. (NASDAQ:DNKN) news were published by: Streetinsider.com which released: “Starbucks closing cafes; CEO calls performance ‘not acceptable'” on June 19, 2018, also Investorplace.com with their article: “Dunkin’ Donuts Free Frozen Lemonade: How to Get Yours Today” published on June 21, 2018, Seekingalpha.com published: “JAB Holdings lands Pret A Manger” on May 29, 2018. More interesting news about Dunkin' Brands Group, Inc. (NASDAQ:DNKN) were released by: Seekingalpha.com and their article: “Why Invest In Companies That Partner With Sports Leagues?” published on June 03, 2018 as well as Fool.com‘s news article titled: “Is Dunkin’ Brands’ Menu Transformation Good for Business?” with publication date: May 31, 2018.

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 $5.80 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 17.86 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.

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

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