28 September, 2017
Short shares grew from 10,251,662 to 10,310,985 over that period. Finally, Huntington National Bank boosted its position in Darden Restaurants by 4.6% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Darden Restaurants during the fourth quarter valued at about $69,888,000. Bruderman Asset Management LLC lifted its stake in Darden Restaurants by 0.4% in the second quarter. Huntington National Bank now owns 1,578 shares of the restaurant operator's stock valued at $143,000 after buying an additional 70 shares during the period. Finally, D. E. Shaw & Co.
Royal Bank Of Canada reiterated their hold rating on shares of Darden Restaurants, Inc.
Large investors have recently modified their holdings of the company.
The most recent non open market insider trade was completed by MADONNA JOHN W. on 07/25/2017, and was a disposition of 311 shares with a final price of $86.94. Darden Restaurants, Inc. has a 52-week low of 60.16 and a 52-week high of 95.22. Institutional investors own 88.65% of the company's stock. DRI's latest closing price was -4.95% away from the average-price of 200 days while it maintained a distance of -7.17% from the 50 Day Moving Average and -5.33% away compared to its SMA 20. The third largest holder is American International Group Inc, which now holds $515.44 million worth of this stock and that ownership represents almost 5.28% of its market capitalization.
Fugitive former Thai PM Yingluck gets five years' jail in absentia
According to authorities, this caused the country $8 billion, in financial losses. - Sentences her to five years in jail . The military seized power from Yingluck's government in a May 2014 coup citing the need to restore order and normalcy.
Emir urges Trump to intervene in Gulf dispute
Earlier on Tuesday, Sheikh Tamim criticised the countries behind the blockade on Qatar in his address to the UN General Assembly. Shortly after the dispute erupted in June, Trump expressed support for isolating Qatar to fight terrorism.
Maryam Nawaz heads to London
Meanwhile, PML-N leader Maryam Nawaz Sharif says that the people of NA-120 have rejected the politics of chaos and conspiracies. Mr Sharif has always denied any wrongdoing but the Supreme Court recently dismissed petitions seeking a review of that decision.
In a report released on 9/27/2017 RBC Capital Markets reduced the stock price target of Darden Restaurants Inc. The Hotchkis & Wiley Capital Management Llc holds 2.23 million shares with $197.70M value, up from 1.24 million last quarter. Microchip Technology had 45 analyst reports since August 5, 2015 according to SRatingsIntel. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.93 billion. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $0.99 -Revenue (Q1): $1.94 Bln vs. $1.71 Bln previous year. Equities analysts forecast that Darden Restaurants, Inc. will post $4.47 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Monday, April 10th will be issued a dividend of $0.56 per share. The ex-dividend date is Friday, October 6th. Choate Inv Advsr holds 0% in Darden Restaurants, Inc.
Darden Restaurants' Board Declares Regular Quarterly Dividend. Zacks Investment Research raised Darden Restaurants from a hold rating to a buy rating and set a $100.00 price objective for the company in a report on Tuesday, July 11th. They noted that the move was a valuation call. Allstate owns 0.05% invested in Darden Restaurants, Inc. Institutional ownership is usually beneficial to a stock price initially, but very high institutional ownership has several shortcomings.
On 4/3/2017 David C George, Insider, sold 84,283 with an average share price of $83.13 per share and the total transaction amounting to $7,006,445.79. Another trade for 98,124 shares valued at $8.16M was made by LEE EUGENE I JR on Friday, March 31.
Since the beginning of the calendar year, the stock is 14.33%. The disclosure for this sale can be found here. The Firm owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues). (NYSE:DRI). Ubs Asset Americas Incorporated, a Illinois-based fund reported 814,910 shares.