Darden Restaurants, Inc. (DRI) Sets All Time High at $108.05

June 29, 2018 - By Jeanette Garcia

Darden Restaurants, Inc. (NYSE:DRI) Corporate Logo

During Q1 2018 the big money sentiment is 0.88. That’s change of 2017Q4’s as. 53 investors sold all, 190 reduced holdings as Darden Restaurants, Inc. ratio is the same. 138 grew positions while only 75 funds took positions. Funds hold 104.89 million shares thus 1.80% more from 2017Q4’s 103.03 million shares.
Tudor Investment Et Al owns 43,327 shs or 0.12% of their US capital. Principal Finance Gp stated it has 0.02% in Darden Restaurants, Inc. (NYSE:DRI). Tompkins Financial has 0% invested in Darden Restaurants, Inc. (NYSE:DRI) for 215 shs. Ing Groep Nv owns 0.02% invested in Darden Restaurants, Inc. (NYSE:DRI) for 10,732 shs. Quantitative Systematic Strategies Lc invested in 3,590 shs. New Mexico Educational Retirement Board holds 0.04% or 11,826 shs in its capital. Amp Cap Invsts reported 167,033 shs. Wellington Mngmt Llp reported 63,698 shs or 0% of all its holdings. 10,400 were accumulated by Old Mutual Glob (Uk) Ltd. Kentucky Retirement Insurance Trust Fund holds 0.05% or 2,828 shs. Moreover, Janney Montgomery Scott Ltd Llc has 0.01% invested in Darden Restaurants, Inc. (NYSE:DRI) for 12,329 shs. Natixis owns 0.02% invested in Darden Restaurants, Inc. (NYSE:DRI) for 45,544 shs. Gradient Investments Limited holds 0.43% or 94,201 shs in its capital. Optimum Invest invested in 0.19% or 7,475 shs. Blackrock has 10.65 million shs for 0.04% of their capital.

Darden Restaurants, Inc. registered $19.83 million net activity with 0 insider buys and 8 selling transactions since January 10, 2018. Cardenas Ricardo sold 10,783 shs worth $1.05M. On Monday, June 25 $76,445 worth of stock was sold by Madonna John W.. On Wednesday, January 10 Milanes Douglas J. also sold $417,315 worth of Darden Restaurants, Inc. (NYSE:DRI). On Monday, June 25 Shares for $644,264 were sold by Kiernan Daniel J.. 38,323 shs were sold by GEORGE DAVID C, worth $4.15 million on Tuesday, June 26.

On Jun, 29, all time high was reached by Darden Restaurants, Inc. (NYSE:DRI). Today’s price per share was $108.05. It’s 8.00 % above our $116.69. This technical pattern was reported by Barchart.com. The company has $13.38B market cap. At $116.69 PT, the company’s valuation could be $1.07B more.

DRI is touching $108.05 during the last trading session, after increased 0.05%.Currently Darden Restaurants, Inc. is downtrending after 0.25% change in last June 29, 2017. DRI has 643,002 shares volume. The stock underperformed the S&P 500 by 12.82%.

Darden Restaurants, Inc. (NYSE:DRI) Ratings Coverage

A total of 19 analysts rate Darden (NYSE:DRI) as follows: 12 “Buy”, 7 “Hold” and 0 “Sell”. Тherefore 63% are bullish. (NYSE:DRI) has 31 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Thursday, March 22 the firm earned “Buy” rating by Oppenheimer. On Tuesday, January 2 the firm has “Buy” rating by Robert W. Baird given. On Friday, March 23 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, January 16 the company was maintained by Barclays Capital. On Thursday, June 7 the rating was upgraded by SunTrust to “Buy”. On Friday, March 23 the firm has “Buy” rating by Stifel Nicolaus given. In Tuesday, April 17 report Maxim Group maintained the stock with “Buy” rating. The stock rating was maintained by SunTrust with “Hold” on Tuesday, January 2. On Friday, June 22 Canaccord Genuity maintained the shares of DRI in report with “Buy” rating. On Monday, March 26 the firm earned “Overweight” rating by Stephens.

A couple more Darden Restaurants, Inc. (NYSE:DRI) news were posted by: Seekingalpha.com which released on June 07, 2018 “Suntrust sees Darden running to new high”, also Globenewswire.com on June 26, 2018 posted “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …”, the next Fool.com is “Why Mr. Market Savored Darden Restaurants’ Latest Results” on June 27, 2018. Seekingalpha.com has article titled “Don’t Give Up On Industrials – Cramer’s Mad Money (6/21/18)”.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada.The firm is worth $13.38 billion. As of June 27, 2017, it owned and operated approximately 1,700 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's brands.22.85 is the P/E ratio.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Investors Chart

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