Luxfer Holdings PLC (LXFR) Reaches $16.65 After 6.00% Up Move; Darden Restaurants (DRI) Has 0.88 Sentiment

May 16, 2018 - By Michael Collier

Darden Restaurants, Inc. (NYSE:DRI) Logo

Darden Restaurants Inc (DRI) investors sentiment decreased to 0.88 in 2017 Q4. It’s down -0.08, from 0.96 in 2017Q3. The ratio has dropped, as 204 hedge funds opened new or increased stock positions, while 233 trimmed and sold holdings in Darden Restaurants Inc. The hedge funds in our database now hold: 103.03 million shares, down from 108.03 million shares in 2017Q3. Also, the number of hedge funds holding Darden Restaurants Inc in top ten stock positions increased from 1 to 4 for an increase of 3. Sold All: 46 Reduced: 187 Increased: 121 New Position: 83.

The stock of Luxfer Holdings PLC (NYSE:LXFR) is a huge mover today! The stock increased 4.19% or $0.67 during the last trading session, reaching $16.65. About 88,870 shares traded. Luxfer Holdings PLC (NYSE:LXFR) has risen 5.57% since May 16, 2017 and is uptrending. It has underperformed by 5.98% the S&P500.The move comes after 9 months positive chart setup for the $441.30 million company. It was reported on May, 16 by We have $17.65 PT which if reached, will make NYSE:LXFR worth $26.48M more.

Analysts await Darden Restaurants, Inc. (NYSE:DRI) to report earnings on June, 26. They expect $1.35 EPS, up 14.41% or $0.17 from last year’s $1.18 per share. DRI’s profit will be $167.11M for 16.20 P/E if the $1.35 EPS becomes a reality. After $1.71 actual EPS reported by Darden Restaurants, Inc. for the previous quarter, Wall Street now forecasts -21.05% negative EPS growth.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. The company has market cap of $10.83 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. It has a 20.24 P/E ratio.

Hs Management Partners Llc holds 5.21% of its portfolio in Darden Restaurants, Inc. for 1.77 million shares. Dynamic Capital Management Ltd owns 83,387 shares or 2.75% of their US portfolio. Moreover, Covington Investment Advisors Inc. has 2.56% invested in the company for 77,840 shares. The Connecticut-based Westport Asset Management Inc has invested 2.38% in the stock. Morgan Dempsey Capital Management Llc, a Wisconsin-based fund reported 65,720 shares.

Since January 1, 0001, it had 0 buys, and 3 sales for $7.25 million activity.

The stock increased 0.19% or $0.165 during the last trading session, reaching $87.465. About 732,881 shares traded. Darden Restaurants, Inc. (DRI) has risen 11.43% since May 16, 2017 and is uptrending. It has underperformed by 0.12% the S&P500.

Ratings analysis reveals 33% of Darden Restaurants’s analysts are positive. Out of 6 Wall Street analysts rating Darden Restaurants, 2 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $50.0 while the high is $74.0. The stock’s average target of $62 is -29.11% below today’s ($87.465) share price. DRI was included in 6 notes of analysts from October 3, 2016. The stock has “Neutral” rating by Credit Suisse on Tuesday, November 29. The firm has “Hold” rating by Maxim Group given on Monday, November 28. The stock has “Buy” rating by Argus Research on Thursday, January 5. The rating was maintained by Stifel Nicolaus with “Sell” on Monday, October 3. The company was upgraded on Thursday, December 1 by Guggenheim. The firm earned “Mkt Perform” rating on Tuesday, October 18 by Raymond James.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Positions Chart

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