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Darden Restaurants Inc Add to portfolio

INX:DRI, Jul 16, 09:57 UTC

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Thursday, June 28


News

Trilogy Capital Inc. Purchases Shares of 1,637 Darden Restaurants, Inc. (NYSE:DRI)

DRI

Trilogy Capital Inc. acquired a new position in shares of Darden Restaurants, Inc. (NYSE:DRI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). A number of other institutional investors and hedge funds have also added to or reduced their stakes in DRI. BMO Capital Markets decreased their target price on shares of Darden Restaurants from $99.00 to $97.00 and set a “market perform” rating on the stock in a research note on Thursday, March 22nd. In related news, CFO Ricardo Cardenas sold 10,666 shares of Darden Restaurants stock in a transaction that occurred on Monday, June 25th.

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Darden Restaurants, Inc. (DRI) Insider Daniel J. Kiernan Sells 6,000 Shares – RealistInvestor.com

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Darden Restaurants, Inc. (NYSE:DRI) insider Daniel J. Kiernan sold 6,000 shares of the business’s stock in a transaction dated Monday, June 25th. The company has a market cap of $13.32 billion, a P/E ratio of 22.01, a P/E/G ratio of 1.90 and a beta of 0.20. American Century Companies Inc. now owns 2,002,547 shares of the restaurant operator’s stock valued at $170,717,000 after purchasing an additional 313,371 shares in the last quarter. Canaccord Genuity boosted their price target on shares of Darden Restaurants from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, June 22nd.

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Darden Restaurants, Inc. (DRI) COO Sells $4,146,165.37 in Stock – Enterprise Leader

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Darden Restaurants, Inc. (NYSE:DRI) COO David C. George sold 38,323 shares of the company’s stock in a transaction dated Tuesday, June 26th. Following the completion of the transaction, the chief operating officer now owns 72,560 shares in the company, valued at $7,850,266.40. The company has a market capitalization of $13.32 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 1.90 and a beta of 0.20. Canaccord Genuity upped their price target on shares of Darden Restaurants from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, June 22nd.

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Darden Restaurants (NYSE:DRI) Updates FY19 Earnings Guidance

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Darden Restaurants (NYSE:DRI) issued an update on its FY19 earnings guidance on Thursday morning. Jefferies Financial Group increased their price objective on shares of Darden Restaurants from $90.00 to $100.00 and gave the company a hold rating in a research note on Friday, June 22nd. The firm has a market capitalization of $13.32 billion, a P/E ratio of 22.01, a price-to-earnings-growth ratio of 1.90 and a beta of 0.20. In other Darden Restaurants news, CFO Ricardo Cardenas sold 10,666 shares of Darden Restaurants stock in a transaction on Monday, June 25th.

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Oppenheimer Weighs in on Darden Restaurants, Inc.’s Q1 2019 Earnings (DRI) – BangaloreWeekly

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Oppenheimer analyst B. Bittner now expects that the restaurant operator will post earnings per share of $1.22 for the quarter, down from their previous forecast of $1.24. Oppenheimer also issued estimates for Darden Restaurants’ Q2 2019 earnings at $0.89 EPS, Q4 2019 earnings at $1.67 EPS, FY2019 earnings at $5.52 EPS and FY2020 earnings at $6.07 EPS. SunTrust Banks upgraded Darden Restaurants from a “hold” rating to a “buy” rating and increased their price target for the company from $104.00 to $110.00 in a report on Wednesday, June 6th. Following the completion of the transaction, the chief operating officer now directly owns 72,560 shares of the company’s stock, valued at $7,850,266.40.

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Wednesday, June 27


News

Darden Restaurants, Inc. (DRI) Insider Sells $644,280.00 in Stock

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Darden Restaurants, Inc. (NYSE:DRI) insider Daniel J. Kiernan sold 6,000 shares of the company’s stock in a transaction on Monday, June 25th. Following the transaction, the insider now owns 6,715 shares of the company’s stock, valued at approximately $721,056.70. The stock has a market cap of $13.26 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 1.89 and a beta of 0.20. Finally, Jefferies Financial Group upped their price objective on shares of Darden Restaurants from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Friday, June 22nd.

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Why Mr. Market Savored Darden Restaurants' Latest Results

CMG DRI

The restaurant industry may not be in a total slump anymore, but it's still not what a person would call healthy. So, the fact that Darden Restaurants (NYSE: DRI) could bring some fairly reasonable growth to the table last week got investors enthused. In this segment from the Motley Fool Money podcast, host Chris Hill and senior Motley Fool analysts Jason Moser, David Kretzmann, and Ron Gross review where the company is getting its best results and where its growth has gone cold. Plus, they discuss the latest plan by Chipotle Mexican Grill (NYSE: CMG) to win back some of its lapsed fans with a handful of promising new menu items. You have adjusted EPS up 17% on an increase of sales of 10%, and blended comps across all of their restaurants up 2.2%, with folks like Olive Garden and Capital Grille leading the way.

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Darden Restaurants (DRI) & Sonic Drive-In (SONC) Financial Contrast – Marea Informative

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Darden Restaurants (DRI) & Sonic Drive-In (SONC) Financial Contrast – The Ledger Gazette. Sonic Drive-In (NASDAQ: SONC) and Darden Restaurants (NYSE:DRI) are both retail/wholesale companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, earnings, profitability, dividends and valuation. Darden Restaurants is trading at a lower price-to-earnings ratio than Sonic Drive-In, indicating that it is currently the more affordable of the two stocks. Darden Restaurants pays an annual dividend of $2.52 per share and has a dividend yield of 2.3%. Sonic Drive-In pays out 51.2% of its earnings in the form of a dividend.

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Tuesday, June 26


News

Darden Restaurants (DRI) Price Target Raised to $125.00 at Argus

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BMO Capital Markets lowered their target price on shares of Darden Restaurants from $99.00 to $97.00 and set a market perform rating on the stock in a report on Thursday, March 22nd. Shares of Darden Restaurants stock opened at $107.30 on Monday. Darden Restaurants has a 1 year low of $76.27 and a 1 year high of $109.53. The firm has a market cap of $13.45 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 1.82 and a beta of 0.20.

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Analysts Favor ‘Buys’ on Darden after Its Strong Fiscal Q4 2018

DRI

On June 21, Darden Restaurants (DRI) was trading at $107.06. On the same day, analysts were expecting Darden’s stock price to reach $105.86 in the next 12 months, which represents a fall of 1.1% from its current stock price. Darden’s strong fiscal fourth-quarter earnings and optimistic outlook for fiscal 2019 appear to have compelled analysts to raise their target prices on the stock.

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