A Reversal for Dunkin Brands Group Inc Is Not Near. Professional Options Traders Are Bullish

 A Reversal for Dunkin Brands Group Inc Is Not Near. Professional Options Traders Are Bullish

In today’s session Dunkin Brands Group Inc (DNKN) registered an unusually high (187) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious DNKN increase. With 187 contracts traded and 2954 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: DNKN161021C00052500 closed last at: $0.85 or 6.2% up. About 128,561 shares traded hands. Dunkin Brands Group Inc (NASDAQ:DNKN) has risen 8.58% since March 7, 2016 and is uptrending. It has outperformed by 0.99% the S&P500.

Analysts await Dunkin Brands Group Inc (NASDAQ:DNKN) to report earnings on October, 27. They expect $0.58 EPS, up 11.54% or $0.06 from last year’s $0.52 per share. DNKN’s profit will be $52.96 million for 22.28 P/E if the $0.58 EPS becomes a reality. After $0.57 actual EPS reported by Dunkin Brands Group Inc for the previous quarter, Wall Street now forecasts 1.75% EPS growth.

Dunkin Brands Group Inc (NASDAQ:DNKN) Ratings Coverage

Out of 22 analysts covering Dunkin Brands (NASDAQ:DNKN), 10 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 45% are positive. $62 is the highest target while $42 is the lowest. The $49.47 average target is -4.29% below today’s ($51.69) stock price. Dunkin Brands has been the topic of 39 analyst reports since July 29, 2015 according to StockzIntelligence Inc. On Friday, April 29 the stock rating was maintained by Wedbush with “Neutral”. On Friday, October 2 the stock rating was maintained by Maxim Group with “Buy”. The stock has “Outperform” rating given by Credit Suisse on Monday, October 19. Credit Agricole upgraded Dunkin Brands Group Inc (NASDAQ:DNKN) on Wednesday, October 28 to “Buy” rating. The stock of Dunkin Brands Group Inc (NASDAQ:DNKN) has “Buy” rating given on Friday, August 28 by Maxim Group. Nomura initiated the shares of DNKN in a report on Wednesday, April 20 with “Neutral” rating. UBS maintained the shares of DNKN in a report on Monday, October 26 with “Neutral” rating. The firm earned “Hold” rating on Thursday, October 15 by Argus Research. The stock of Dunkin Brands Group Inc (NASDAQ:DNKN) earned “Neutral” rating by CL King on Thursday, February 18. The firm earned “Hold” rating on Wednesday, August 26 by Zacks.

According to Zacks Investment Research, “Dunkin’ Brands Group, Inc. owns, operates, and franchises quick service restaurants worldwide. It serves hot and cold coffee and baked goods, as well as ice cream. Its brands include Dunkin’ Donuts and Baskin-Robbins. Dunkin’ Brands Group is headquartered in Canton, Massachusetts.”

Insitutional Activity: The institutional sentiment is 1.05 in Q2 2016. Its the same as in 2016Q1. The ratio has no change, as 39 funds sold all Dunkin Brands Group Inc shares owned while 88 reduced positions. only 34 funds bought stakes while 99 increased positions. They now own 85.63 million shares or 4.38% less from 89.55 million shares in 2016Q1.
Cubist Systematic Strategies Lc accumulated 2,400 shares or 0.01% of the stock. Thrivent Fincl For Lutherans last reported 0% of its portfolio in the stock. Moreover, A D Beadell Counsel has 0.84% invested in Dunkin Brands Group Inc (NASDAQ:DNKN) for 23,660 shares. Stifel Corp holds 56,748 shares or 0.01% of its portfolio. Gradient Ltd owns 95,822 shares or 0.45% of their US portfolio. The Delaware-based Dupont Cap Management Corp has invested 0.03% in Dunkin Brands Group Inc (NASDAQ:DNKN). Northern, a Illinois-based fund reported 813,961 shares. Teacher Retirement Of Texas accumulated 13,008 shares or 0% of the stock. Amalgamated State Bank accumulated 16,017 shares or 0.04% of the stock. American National Bank has invested 0.01% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN). Timessquare Mgmt Ltd Liability accumulated 0.27% or 940,400 shares. Montag & Caldwell Limited Liability Corp last reported 0.02% of its portfolio in the stock. Oregon Public Employees Retirement Fund accumulated 0.03% or 30,923 shares. First Republic Management Incorporated holds 0% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN) for 8,123 shares. Moreover, Vontobel Asset Mngmt has 0.14% invested in Dunkin Brands Group Inc (NASDAQ:DNKN) for 391,425 shares.

Insider Transactions: Since May 2, 2016, the stock had 0 insider buys, and 7 sales for $5.56 million net activity. TWOHIG PAUL E also sold $1.01 million worth of Dunkin Brands Group Inc (NASDAQ:DNKN) shares. 12,782 shares were sold by COSTELLO JOHN H, worth $577,107. Shares for $282,000 were sold by CARBONE PAUL C. The insider Raskopf Karen sold $897,600. Mitchell William M sold 5,648 shares worth $259,074.

Dunkin’ Brands Group, Inc. is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream. The company has a market cap of $4.72 billion. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. It has a 38.97 P/E ratio. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

DNKN Company Profile

Dunkin’ Brands Group, Inc., incorporated on November 22, 2005, is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. The Firm has over 18,000 points of distribution in approximately 60 countries across the world. It has over 11,750 Dunkin’ Donuts points of distribution, of which approximately 8,430 are in the United States and over 3,320 are international, and approximately 7,610 Baskin-Robbins points of distribution, of which over 5,104 are international and approximately 2,500 are in the United States.

More important recent Dunkin Brands Group Inc (NASDAQ:DNKN) news were published by: Prnewswire.com which released: “Dunkin’ Brands Group, Inc. to Announce Third Quarter 2016 Results” on October 06, 2016, also Prnewswire.com published article titled: “A 10000 Donut Salute to #34: Dunkin’ Donuts Pays Tribute to David Ortiz with …”, Wsj.com published: “Former McDonald’s Executive to Give Up More Than $6 Million in Move to Dunkin …” on September 22, 2016. More interesting news about Dunkin Brands Group Inc (NASDAQ:DNKN) was released by: Prnewswire.com and their article: “Dunkin’ Donuts Announces Plans For Two New Restaurants In Phoenix, Arizona …” with publication date: September 27, 2016.

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