The Darden Restaurants, Inc. (DRI) Stake Maintained by Catawba Capital Management VA

Finance Architects holds 0.04% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 6,235 shares. Net income for the quarter to August 27 rose to $119.0 million, or 93 cents a share, from $110.2 million, or 87 cents a share, in the same period a year ago. As a result, Darden Restaurants, Inc. attained a Profit Margin of 6.70% *. 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. PGGM Investments increased its stake in Darden Restaurants by 244.5% in the third quarter.

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

About 2.07 million shares traded or 3.50% up from the average. Van ECK Associates Corp boosted its position in Darden Restaurants by 4.6% during the first quarter. Institutional investors own 88.65% of the company's stock. As higher figure of institutional mostly indicates intentions of capital gain, which is suitable for passive investors as well stocks with a large amount of institutional ownership are often looked upon favorably. (NYSE:DRI) for 23,662 shares.

Now we take a performance look how Darden Restaurants, Inc.

09/27/2017 - Darden Restaurants, Inc. had its "equal-weight" rating reiterated by analysts at Stephens. In this case performance of tends to percentage rate of return for a stock for a given time frame. (NYSE:DRI) earned "Hold" rating by Deutsche Bank on Friday, December 16.

USA slaps steep tariffs on Canadian planemaker Bombardier
Sinn Féin Leader in the North Michelle O'Neill said the priority going forward must be the "livelihoods of local workers". We use cookies to give you the best experience on our website and bring you more relevant advertising.

Hacked Credit Agency Equifax 'Hit By Separate Intrusion In March'
The flaw had been discovered and fixed by Apache in March, but Equifax had not applied the patch to its own systems by May. Federal investigations: Equifax is being investigated by both the Department of Justice and the FBI.

Hansen rates ruthless All Blacks 'a B-plus or an A-minus'
The All Blacks remain unbeaten after four rounds of the competition and appear headed towards a successful defence of their southern hemisphere crown.

The average Wall Street analyst rating for Darden Restaurants, Inc.is Hold, according to the average of 17 analyst scores. "(DRI) Acquired by Bank of Hawaii" was originally reported by Week Herald and is the property of of Week Herald. If you are accessing this piece on another domain, it was stolen and republished in violation of USA & global trademark and copyright law. The correct version of this article can be read at https://www.dispatchtribunal.com/2017/09/27/darden-restaurants-inc-dri-price-target-cut-to-90-00.html.

TIAA CREF Investment Management LLC boosted its position in shares of Darden Restaurants, Inc. (NYSE:DRI) on Wednesday, March 29 with "Sector Perform" rating. Narrowing in, the stock is at a distance of -13.08% from the 50 day high and 2.85% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Darden Restaurants, Inc. The company has a 50-day moving average of $77.30 and a 200-day moving average of $71.74. The firm has a market capitalization of $10.43 billion, a PE ratio of 21.86 and a beta of 0.27.

In a report released on 9/27/2017 RBC Capital Markets reduced the stock price target of Darden Restaurants Inc. The dividend payment will be $0.630 per share for the quarter or $2.52 on an annualized basis. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period in the prior year, the company earned $1.21 earnings per share. On average, analysts anticipate that Darden Restaurants will post $4.47 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 1st. Stockholders of record on Tuesday, October 10th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, October 6th. Darden Restaurants's dividend payout ratio (DPR) is presently 66.14%. Shares for $8.16M were sold by LEE EUGENE I JR on Friday, March 31. The stock was sold at an average price of $91.58, for a total transaction of $8,528,387.50. The transaction related to this sale was declared in a document with the SEC which can be accessed through the Security and Exchange Commission website.

Bank of America Corporation fixed a $80.00 price objective on Darden Restaurants and issued the company a "buy" recommendation in a analysis note on Mon, Jun 26th. 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).


Popular
  • Cooperation among SAARC countries at risk: Sushma Swaraj

    Cooperation among SAARC countries at risk: Sushma Swaraj

    All this is to say that if Japan has its economic and commercial interests in India, it has similar interests in Pakistan as well. What have you (Pakistan) produced? "Pakistan's Prime Minister spoke of a "Comprehensive Dialogue" between our two countries.
    New Trailer For Star Wars: the Last Jedi Coming Next Month

    New Trailer For Star Wars: the Last Jedi Coming Next Month

    Before Star Wars: The Force Awakens , a new trailer was released around the same time , also during a football game. But he then added, "Watch Monday Night Football on Monday October 9th-for no reason in particular".

    Sean Spicer Crashed The Emmys, And The Reactions Were Priceless

    He joked that putting on an orange wig to portray Trump was like birth control. At that point, Spicer walked out onto the stage behind a podium.
  • Ousted Thai PM Yingluck sentenced in absentia to 5 years

    Ousted Thai PM Yingluck sentenced in absentia to 5 years

    The military seized power from Yingluck's government in a May 2014 coup citing the need to restore order and normalcy. She took office in 2011. "Therefore, the action of the accused is considered negligence of duty".
    United States  review bilateral defense cooperation

    United States review bilateral defense cooperation

    I am happy to note that Secretary Mattis reaffirmed the United States position in support of these principles. The agendas of defence partnership and building weapon in India under Make in India program is very high.
    Bangladesh restricts movement of Rohingya refugees

    Bangladesh restricts movement of Rohingya refugees

    A police official told Reuters the two were found to be working on tourist visas and police were investigating. CAFOD partner, Caritas Bangladesh, is responding to the refugee crisis by providing emergency aid.
  • Trump Approves US Virgin Islands Disaster Declaration Following Hurricane Maria

    Trump Approves US Virgin Islands Disaster Declaration Following Hurricane Maria

    On Tuesday, the 300 animals safely arrived in Norfolk, Virginia - some in cages marked with the note "I survived Hurricane Irma". While thousands and thousands of people were evacuated from the Virgin Islands, another kind of evacuation was taking place.
    Mayo boss heartbroken after latest All-Ireland Final loss

    Mayo boss heartbroken after latest All-Ireland Final loss

    On the triumphant 145-mile return to Castlebar, so the story goes, much drink was taken on the team bus. It's All-Ireland football final day as Dublin and Mayo battle it out to be crowned champions for 2017.
    Amla, Perera lead World XI to T20 win

    Amla, Perera lead World XI to T20 win

    In the end, the momentum lost during his stay could have proven to be costly for the World XI if not for Perera's late assault. In the first match of Independence Cup, he leaked as many as 51 runs and then scored a mere 17 in a pursuit of colossal total.
  • Facebook to reveal ads purchased by Russians to influence election

    Facebook to reveal ads purchased by Russians to influence election

    Mueller III , who is conducting a criminal investigation of possible links between Russian Federation and the Trump campaign. Zuckerberg said that Facebook is working to ensure the integrity of the upcoming German elections.
    Dollar close to 2015 lows as conflicted Fed prepares policy update

    Dollar close to 2015 lows as conflicted Fed prepares policy update

    USA crude oil prices CLc1 edged up 2 cents to settle at $49.91 a barrel, after hovering near multimonth highs. Building permits rose by 5.7% to a rate of 1.3 million, slightly higher than an expected 1.22 million.
    Oil prices decline as United States  crude stocks soar

    Oil prices decline as United States crude stocks soar

    But data show that in the first eight months of the year Iran's production averaged 3.79 million barrels daily. Notably, U.S. crude is trading below $50.00 per barrel while Brent oil is hovering around $55.00 per barrel.

CONNECT