Could Dunkin' Brands Group, Inc. (DNKN) Change Direction After Today’s Huge Increase?

February 15, 2018 - By Hazel Jackson

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.25, from 1.42 in 2017Q2. It worsened, as 31 investors sold Dunkin' Brands Group, Inc. shares while 93 reduced holdings. 53 funds opened positions while 92 raised stakes. 80.37 million shares or 2.04% less from 82.04 million shares in 2017Q2 were reported.
Webster National Bank N A holds 0.12% or 15,181 shares. The Massachusetts-based Martingale Asset Mngmt L P has invested 0.01% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Halsey Assoc Inc Ct, a Connecticut-based fund reported 193,457 shares. 10,973 are held by Profund Advisors Ltd Company. 4,100 are held by Thompson Davis And Co. Waddell & Reed Financial holds 0.23% or 1.99 million shares in its portfolio. Stoneridge Investment Prtn Limited Liability Corporation holds 0.05% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) or 5,900 shares. Bank Of Mellon Corp accumulated 0.02% or 1.16M shares. Panagora Asset holds 0% of its portfolio in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 4,481 shares. Jpmorgan Chase & Company reported 0% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Benin Mgmt Corporation invested in 2.06% or 96,105 shares. Principal Group Inc owns 380,231 shares for 0.02% of their portfolio. Nuveen Asset Mngmt Lc holds 0.01% or 25,441 shares in its portfolio. Oppenheimer Asset invested in 7,533 shares. Private Advisor Grp Inc Limited owns 24,381 shares for 0.03% of their portfolio.

The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) is a huge mover today! The stock increased 3.95% or $2.42 during the last trading session, reaching $63.75. About 2.08M shares traded or 120.59% up from the average. Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has risen 27.29% since February 15, 2017 and is uptrending. It has outperformed by 10.59% the S&P500.
The move comes after 6 months positive chart setup for the $5.76B company. It was reported on Feb, 15 by Barchart.com. We have $66.94 PT which if reached, will make NASDAQ:DNKN worth $287.90 million more.

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

Among 30 analysts covering Dunkin Brands (NASDAQ:DNKN), 15 have Buy rating, 3 Sell and 12 Hold. Therefore 50% are positive. Dunkin Brands had 84 analyst reports since July 29, 2015 according to SRatingsIntel. Jefferies downgraded the shares of DNKN in report on Wednesday, January 4 to “Underperform” rating. Piper Jaffray downgraded Dunkin' Brands Group, Inc. (NASDAQ:DNKN) rating on Friday, October 23. Piper Jaffray has “Neutral” rating and $42 target. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has “Buy” rating given on Thursday, December 21 by RBC Capital Markets. As per Friday, October 2, the company rating was maintained by Maxim Group. Maxim Group maintained the shares of DNKN in report on Thursday, November 19 with “Buy” rating. Goldman Sachs maintained Dunkin' Brands Group, Inc. (NASDAQ:DNKN) rating on Friday, July 22. Goldman Sachs has “Neutral” rating and $47 target. The firm has “Market Perform” rating by William Blair given on Tuesday, January 19. The firm earned “Neutral” rating on Friday, February 10 by Wedbush. Maxim Group initiated the stock with “Buy” rating in Friday, August 28 report. Jefferies maintained Dunkin' Brands Group, Inc. (NASDAQ:DNKN) rating on Wednesday, June 21. Jefferies has “Sell” rating and $4800 target.

More notable recent Dunkin' Brands Group, Inc. (NASDAQ:DNKN) news were published by: Investorplace.com which released: “Can Dunkin Brands Group Inc Stock Survive Its Latest Beating?” on February 06, 2018, also Seekingalpha.com with their article: “Dunkin’ Brands Group (DNKN) Q4 2017 Results – Earnings Call Transcript” published on February 07, 2018, Prnewswire.com published: “Dunkin’ Brands Group, Inc. to Announce Fourth Quarter and Fiscal Year 2017 …” on January 23, 2018. More interesting news about Dunkin' Brands Group, Inc. (NASDAQ:DNKN) were released by: Streetinsider.com and their article: “Dunkin’ Brands (DNKN) Enters Agreement for Accelerated Share Repurchase” published on February 15, 2018 as well as Benzinga.com‘s news article titled: “BMO Analyst Calls For 20% Upside In Dunkin Brands” with publication date: February 12, 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 $5.76 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 27.96 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.

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