Institutional Investors Are Dumping Del Friscos Restaurant Group Inc (NASDAQ:DFRG)

April 17, 2018 - By Tina Thibodeau

Sentiment for Del Friscos Restaurant Group Inc (NASDAQ:DFRG)

Del Friscos Restaurant Group Inc (NASDAQ:DFRG) institutional sentiment increased to 0.86 in Q4 2017. Its up 0.16, from 0.7 in 2017Q3. The ratio is positive, as 42 investment professionals increased or started new holdings, while 49 trimmed and sold stock positions in Del Friscos Restaurant Group Inc. The investment professionals in our partner’s database now own: 18.26 million shares, down from 20.16 million shares in 2017Q3. Also, the number of investment professionals holding Del Friscos Restaurant Group Inc in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 14 Reduced: 35 Increased: 26 New Position: 16.

Del Frisco's Restaurant Group, Inc. develops, owns, and operates restaurants in the United States. The company has market cap of $324.46 million. It owns and operates restaurants under the Del FriscoÂ’s Double Eagle Steak House, SullivanÂ’s Steakhouse, and Del FriscoÂ’s Grille brand names. It currently has negative earnings. The firm offers steaks, as well as other menu selections, such as chops and fresh seafood.

The stock decreased 0.93% or $0.15 during the last trading session, reaching $15.95. About 116,055 shares traded. Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) has declined 19.03% since April 17, 2017 and is downtrending. It has underperformed by 30.58% the S&P500.

Analysts await Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) to report earnings on April, 24. They expect $0.20 EPS, 0.00 % or $0.00 from last year’s $0.2 per share. DFRG’s profit will be $4.07M for 19.94 P/E if the $0.20 EPS becomes a reality. After $0.39 actual EPS reported by Del Frisco's Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts -48.72 % negative EPS growth.

Harber Asset Management Llc holds 0.96% of its portfolio in Del Frisco's Restaurant Group, Inc. for 180,000 shares. Kempen Capital Management N.V. owns 782,276 shares or 0.94% of their US portfolio. Moreover, Thomson Horstmann & Bryant Inc has 0.94% invested in the company for 467,683 shares. The Connecticut-based Prospector Partners Llc has invested 0.86% in the stock. Cardinal Capital Management Llc Ct, a Connecticut-based fund reported 1.20 million shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $241,950 activity.

Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) Ratings Coverage

Ratings analysis reveals 75% of Del Frisco’s Restaurant’s analysts are positive. Out of 4 Wall Street analysts rating Del Frisco’s Restaurant, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $14.5 while the high is $17.5. The stock’s average target of $16.75 is 5.02% above today’s ($15.95) share price. DFRG was included in 5 notes of analysts from October 18, 2017. Credit Suisse maintained Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) rating on Wednesday, October 18. Credit Suisse has “Outperform” rating and $14.5 target. Deutsche Bank upgraded the stock to “Buy” rating in Friday, March 2 report. As per Wednesday, January 10, the company rating was upgraded by Stephens. The stock has “Outperform” rating by Credit Suisse on Tuesday, March 13. On Friday, January 5 the stock rating was maintained by Canaccord Genuity with “Hold”.

Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) Institutional Positions Chart

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