Darden Restaurants, Inc. (DRI) Is At All-Time High at $108.05 on Jun, 29

June 29, 2018 - By Rachel Eickhoff

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 has no change. 138 increased stakes while only 75 funds bought stakes. Funds hold 104.89 million shares thus 1.80% more from 2017Q4’s 103.03 million shares.
Archford Cap Strategies Ltd Llc owns 42 shs or 0% of their US capital. Farmers Merchants Inc reported 0.01% of its capital in Darden Restaurants, Inc. (NYSE:DRI). Altavista Wealth accumulated 22,813 shs or 0.82% of the stock. Meeder Asset Mngmt stated it has 0% in Darden Restaurants, Inc. (NYSE:DRI). First Midwest Bancorporation Tru Division holds 0.31% or 26,281 shs. Johnson Gru Inc has invested 0% of its capital in Darden Restaurants, Inc. (NYSE:DRI). Architects Inc owns 1,859 shs or 0.03% of their US capital. Regions Financial Corp holds 0.03% of its capital in Darden Restaurants, Inc. (NYSE:DRI) for 34,221 shs. Fred Alger Mgmt Incorporated holds 0.01% or 12,957 shs in its capital. 267,808 are owned by Tobam. 30,554 are owned by Secor Cap Advsrs Limited Partnership. Moreover, Hsbc Hldgs Public Ltd Co has 0.04% invested in Darden Restaurants, Inc. (NYSE:DRI). Rampart Inv Management Limited Co, Massachusetts-based fund reported 7,709 shs. Fincl Bank Of New York Mellon owns 1.74M shs or 0.04% of their US capital. Livforsakringsbolaget Skandia Omsesidigt has 38,831 shs for 0.17% of their capital.

Darden Restaurants, Inc. registered $19.83 million net activity with 0 buys and 8 selling transactions since January 10, 2018. On Wednesday, January 10 Milanes Douglas J. sold $417,315 worth of Darden Restaurants, Inc. (NYSE:DRI) or 4,300 shs. Cardenas Ricardo sold $1.16M worth of Darden Restaurants, Inc. (NYSE:DRI) or 10,666 shs on Monday, June 25. On Monday, June 25 $644,264 worth of stock was sold by Kiernan Daniel J.. On Tuesday, June 26 Shares for $4.15 million were sold by GEORGE DAVID C. Madonna John W. sold 700 shs worth $76,445.

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 reached $108.05 during the last trading session after $0.05 change.Darden Restaurants, Inc. has volume of 643,002 shares. Since June 29, 2017 DRI has declined 0.25% and is downtrending. DRI underperformed by 12.82% the S&P 500.

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 Friday, June 22 the company was maintained by Robert W. Baird. In Thursday, March 22 report Oppenheimer maintained the stock with “Buy” rating. The stock rating was upgraded by Bank of America to “Neutral” on Friday, June 22. On Wednesday, January 10 the company was maintained by Oppenheimer. On Friday, March 23 the stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Market Perform” rating by BMO Capital Markets. In Friday, March 23 report Stifel Nicolaus maintained the stock with “Buy” rating. On Thursday, March 8 the firm has “Buy” rating by Oppenheimer given. The company rating was maintained by Jefferies on Friday, June 22. On Tuesday, April 17 the rating was maintained by Maxim Group with “Buy”. On Monday, April 2 the stock has “Buy” rating by RBC Capital Markets.

A couple more Darden Restaurants, Inc. (NYSE:DRI) news were announced by: Seekingalpha.com which released on June 22, 2018 “Don’t Give Up On Industrials – Cramer’s Mad Money (6/21/18)”, also Globenewswire.com on June 26, 2018 announced “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …”, the next Seekingalpha.com is “Suntrust sees Darden running to new high” on June 07, 2018. Fool.com has article titled “Why Mr. Market Savored Darden Restaurants’ Latest Results”.

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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