Evercore Trust Company Lifted Stake in Philip Morris Intl (PM) by $1.70 Million; As Dunkin Brands Group (DNKN) Market Valuation Rose, Meritage Group LP Lowered Its Position by $12.01 Million

January 16, 2018 - By Dolores Ford

Meritage Group Lp decreased its stake in Dunkin Brands Group Inc (DNKN) by 5.82% based on its latest 2017Q3 regulatory filing with the SEC. Meritage Group Lp sold 226,569 shares as the company’s stock rose 1.24% with the market. The hedge fund held 3.67 million shares of the consumer services company at the end of 2017Q3, valued at $194.54 million, down from 3.89 million at the end of the previous reported quarter. Meritage Group Lp who had been investing in Dunkin Brands Group Inc for a number of months, seems to be less bullish one the $5.82 billion market cap company. The stock increased 1.88% or $1.19 during the last trading session, reaching $64.39. About 579,165 shares traded. Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has risen 27.29% since January 16, 2017 and is uptrending. It has outperformed by 10.59% the S&P500.

Evercore Trust Company increased its stake in Philip Morris Intl Inc (PM) by 2% based on its latest 2017Q3 regulatory filing with the SEC. Evercore Trust Company bought 15,323 shares as the company’s stock rose 10.69% with the market. The institutional investor held 782,252 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $86.84 million, up from 766,929 at the end of the previous reported quarter. Evercore Trust Company who had been investing in Philip Morris Intl Inc for a number of months, seems to be bullish on the $162.31B market cap company. The stock decreased 0.34% or $0.36 during the last trading session, reaching $104.5. About 5.51 million shares traded or 23.28% up from the average. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 16, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Among 29 analysts covering Dunkin Brands (NASDAQ:DNKN), 13 have Buy rating, 3 Sell and 13 Hold. Therefore 45% are positive. Dunkin Brands had 73 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Maxim Group on Thursday, July 27. The rating was upgraded by Credit Agricole on Wednesday, October 28 to “Buy”. The firm has “Hold” rating given on Friday, January 12 by BMO Capital Markets. The stock has “Hold” rating by Zacks on Wednesday, August 26. Credit Suisse maintained the shares of DNKN in report on Tuesday, September 20 with “Outperform” rating. The firm has “Hold” rating given on Friday, December 22 by Jefferies. The stock has “Hold” rating by BMO Capital Markets on Friday, October 27. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, June 13 report. The firm earned “Overweight” rating on Friday, October 2 by Barclays Capital. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) earned “Buy” rating by Robert W. Baird on Monday, July 24.

Analysts await Dunkin' Brands Group, Inc. (NASDAQ:DNKN) to report earnings on February, 8. They expect $0.63 EPS, down 1.56% or $0.01 from last year’s $0.64 per share. DNKN’s profit will be $56.90 million for 25.55 P/E if the $0.63 EPS becomes a reality. After $0.61 actual EPS reported by Dunkin' Brands Group, Inc. for the previous quarter, Wall Street now forecasts 3.28% EPS growth.

Since August 2, 2017, it had 0 insider purchases, and 1 insider sale for $1.74 million activity.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.25, from 1.42 in 2017Q2. It turned negative, as 31 investors sold DNKN 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. Nelson Van Denburg Campbell Wealth Mngmt Gp Limited Com holds 0% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) or 39 shares. Voloridge Investment Management Limited Liability Co holds 221,436 shares. Moreover, Blair William & Il has 0.02% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 46,425 shares. Creative Planning holds 0% or 6,833 shares. Financial Bank holds 5,364 shares or 0% of its portfolio. Mutual Of America Capital Management Limited Liability has invested 0.06% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). 17,623 were reported by Tudor Inv Corp Et Al. Moreover, Marathon Trading Invest Mgmt Lc has 0.28% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Eaton Vance Mgmt reported 0% stake. Brant Point Invest Mgmt Limited Liability Corporation owns 0.48% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 87,500 shares. Bradley Foster Sargent Incorporated Ct reported 7,590 shares or 0.02% of all its holdings. Glenmede Com Na reported 2,181 shares. Moreover, Sit Associate has 0.15% invested in Dunkin' Brands Group, Inc. (NASDAQ:DNKN) for 115,785 shares. Putnam Lc owns 43,300 shares. Bnp Paribas Arbitrage Sa holds 97,436 shares or 0.01% of its portfolio.

Since August 30, 2017, it had 0 insider purchases, and 2 sales for $13.44 million activity. On Tuesday, October 24 CAMILLERI LOUIS C sold $11.81M worth of Philip Morris International Inc. (NYSE:PM) or 108,979 shares.

Among 19 analysts covering Philip Morris International (NYSE:PM), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Philip Morris International had 49 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by SBG Securities on Friday, August 11 to “Hold”. The firm has “Neutral” rating by Nomura given on Monday, November 30. The firm has “Hold” rating by Societe Generale given on Thursday, April 21. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, January 10 report. The firm has “Neutral” rating given on Tuesday, September 13 by Citigroup. The firm has “Neutral” rating by Citigroup given on Friday, October 20. Goldman Sachs upgraded the shares of PM in report on Monday, September 12 to “Buy” rating. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Monday, August 24 by Vetr. The firm has “Outperform” rating by BNP Paribas given on Tuesday, March 8. The rating was maintained by Piper Jaffray with “Buy” on Thursday, January 11.

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