Darden Restaurants, Inc. (DRI) Given Outperform Rating at Oppenheimer Holdings, Inc

Share

Canaccord Genuity rates Darden shares buy with a $102 price target. Van ECK Associates Corp boosted its position in shares of Darden Restaurants by 4.6% in the first quarter. Finally, Wells Fargo & Company restated a market perform rating on shares of Darden Restaurants in a report on Tuesday, March 28th. The institutional investor purchased 6,700 shares of the restaurant operator's stock, valued at approximately $561,000. Whittier Trust Co. now owns 2,477 shares of the restaurant operator's stock worth $207,000 after buying an additional 117 shares during the last quarter. The firm earned "Strong-Buy" rating on Tuesday, August 25 by Zacks. The company has an average rating of Hold and an average target price of $83.96.

The Relative Volume of the company is 3.85 and Average Volume (3 months) is 1.61 million. (NYSE:DRI) in a research report released on Wednesday. Darden expects adjusted earnings of $4.38 to $4.50 a share this year, higher than the $4.42 predicted by analysts. The firm shares 50 day moving average were calculated 5.50%.

ILLEGAL ACTIVITY NOTICE: "Darden Restaurants, Inc". Finally, Whittier Trust Co. increased its position in shares of Darden Restaurants by 5.0% in the first quarter.

Interim Released for NEET Aspirants; Delhi HC Stays CBSE Orders
Now, the council has come up with another major decision of allowing students above 25 years of age to apply for NEET 2018 . However, Supreme Court had passed a judgment that students above 25 would be allowed to appear for this examination.

Its 52-week range quite noticeable, lower range was $55.78% and hit highest level of $-0.35%. "Bottom Line Climbs 6% In Q4" on June 27, 2017, also Bloomberg.com with their article: "Olive Garden Comeback Helps Fuel Rally at Darden Restaurants" published on June 27, 2017, Stltoday.com published: "Darden Restaurants profit tops Street 4Q forecasts" on June 27, 2017. First Manhattan Co. increased its position in shares of Darden Restaurants by 2.8% in the first quarter. During the same quarter in the previous year, the firm posted $1.10 EPS. The Return on Equity (ROE) value stands at 26.1%. (NYSE:DRI). Janus Cap Management Ltd Company invested in 0.01% or 156,997 shares. New England Research & Management Inc who had been investing in Darden Restaurants for a number of months, seems to be less bullish one the $11.28B market cap company.

"Of interest was a comment that about 30% of the company's versus about 24% of the population and, for context, this compares to the broader casual dining category of about 14% and Chili's of about 17%", analysts wrote in a Wednesday note. Wetherby Asset Management Inc. now owns 4,798 shares of the restaurant operator's stock worth $401,000 after buying an additional 26 shares during the last quarter. Goldman Sachs Group, (The) reiterated a "neutral" recommendation and given a $87.00 target price (up from $81.00) on stocks of Darden Restaurants in a study note on early Wednesday. This represents an increase of 937% compared to the typical daily volume of 1,121 call options. Over the next five years, our model assumes organic top-line growth of around 6% with adjusted operating margins improving from 10% in fiscal 2016 to nearly 12% by fiscal 2022, with profitability driven by operational efficiencies and improving store economics and synergies from Cheddar's (consistent with our third-quarter note, management raised its forecast annual synergy to $22 million-$27 million starting in fiscal 2019 from $20 million-$25 million). The Florida-based Independent Consultants Inc has invested 0% in Darden Restaurants, Inc. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark laws.

The company also boosted its quarterly dividend to 63 cents from 56 cents. If you are viewing this story on another site, it was illegally copied and reposted in violation of USA and global copyright laws. The legal version of this article can be viewed at https://baseballnewssource.com/markets/darden-restaurants-inc-dri-given-equal-weight-rating-at-stephens/1103380.html. ARP Americas LLC now owns 5,473 shares of the restaurant operator's stock worth $458,000 after buying an additional 60 shares during the last quarter. Wedbush Securities Inc. now owns 3,180 shares of the restaurant operator's stock valued at $266,000 after buying an additional 13 shares in the last quarter. Investors of record on Monday, July 10th will be paid a $0.63 dividend. The ex-dividend date is Thursday, July 6th. This represents a $2.52 dividend on an annualized basis and a yield of 2.75%. Credit Suisse downgraded Darden Restaurants, Inc.

North Korea asks United States not to involve China in bilateral talks
After all, South Korea's conventional forces are far better trained, equipped, and motivated than their North Korean counterparts. The ban would come as tensions continue to escalate between Trump and Kim Jong Un , North Korea's authoritarian leader.

In other Darden Restaurants news, insider David C. George sold 84,283 shares of Darden Restaurants stock in a transaction that occurred on Monday, April 3rd.

The stock exchanged hands 7.24M shares versus average trading capacity of4.15 M shares. Following the transaction, the insider now owns 78,010 shares in the company, valued at $6,484,971.30. (NYSE:DRI). Bryn Mawr Company invested in 122,451 shares or 0.56% of the stock. Also Executive Eugene I. Lee, Jr. unloaded 98,124 stocks of Darden Restaurants shares in a trade on early Fri, Mar 31st. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The disclosure for this sale can be found here. The Beta for the stock stands at 0.27. The Minnesota-based Advantus Capital Management has invested 0.02% in Darden Restaurants, Inc. The Firm owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016.

Putin & Trump will likely have contact on sidelines of G20 - Lavrov
The country's Defense Ministry announced this year the establishment of a new cyber-warrior operation. But the officials said there was no evidence that Moscow was able to change the vote count.

Share