Darden Restaurants (DRI) Holder Alliancebernstein LP Has Trimmed Stake; As Analog Devices (ADI) Stock Price Declined, Holder Dearborn Partners Has Raised Its Position

Darden Restaurants, Inc. (NYSE:DRI) Logo

Alliancebernstein Lp decreased its stake in Darden Restaurants Inc (DRI) by 26.67% based on its latest 2018Q3 regulatory filing with the SEC. Alliancebernstein Lp sold 76,524 shares as the company’s stock declined 11.22% with the market. The hedge fund held 210,353 shares of the consumer services company at the end of 2018Q3, valued at $23.39M, down from 286,877 at the end of the previous reported quarter. Alliancebernstein Lp who had been investing in Darden Restaurants Inc for a number of months, seems to be less bullish one the $13.79 billion market cap company. The stock increased 0.12% or $0.13 during the last trading session, reaching $111.64. About 692,785 shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 23.55% since February 14, 2018 and is uptrending. It has outperformed by 23.55% the S&P500. Some Historical DRI News: 22/03/2018 – Darden Restaurants Inc. CDS Widens 6 Bps, Most in 12 Months; 20/03/2018 – Darden Restaurants Inc expected to post earnings of $1.64 a share – summary; 22/03/2018 – Darden Restaurants Sees FY18 Adj EPS $4.75-Adj EPS $4.80; 22/03/2018 – DARDEN RESTAURANTS INC – SEES 2018 ADJUSTED DILUTED NET EARNINGS PER SHARE FROM CONTINUING OPERATIONS $4.75 TO $4.80; 22/03/2018 – DARDEN: PROFIT WON’T BE AFFECTED BY LACK OF OLIVE GARDEN DEAL; 09/03/2018 – Oil Dri 2Q Loss 17c/Basic Common Sh; 22/03/2018 – Darden Restaurants 3Q Net $217.8M; 20/04/2018 – DJ Darden Restaurants Inc, Inst Holders, 1Q 2018 (DRI); 25/05/2018 – FCPT REPORTS DISPOSITION OF DARDEN-LEASED RESTAURANT PROPERTY; 17/05/2018 – Darden 10.3% Owned by Hedge Funds

Dearborn Partners Llc increased its stake in Analog Devices Inc (ADI) by 4.22% based on its latest 2018Q3 regulatory filing with the SEC. Dearborn Partners Llc bought 3,262 shares as the company’s stock declined 6.46% with the market. The institutional investor held 80,635 shares of the technology company at the end of 2018Q3, valued at $7.46 million, up from 77,373 at the end of the previous reported quarter. Dearborn Partners Llc who had been investing in Analog Devices Inc for a number of months, seems to be bullish on the $38.56B market cap company. The stock increased 0.35% or $0.36 during the last trading session, reaching $104.42. About 2.42M shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 2.75% since February 14, 2018 and is uptrending. It has outperformed by 2.75% the S&P500. Some Historical ADI News: 08/05/2018 – DTS Virtual:X Immersive Audio Technology Now Available Across Popular Analog Devices Product Series; 30/05/2018 – Analog Devices Reports Second Quarter Revenue Above the High-End of Guidance Led by Double-Digit YoY B2B Growth, and Record; 30/04/2018 – Fidelity Series Growth&Income Adds Analog Devices; 30/05/2018 – ANALOG DEVICES SEES 3Q REV. $1.47B TO $1.55B, EST. $1.50B; 22/04/2018 – DJ Analog Devices Inc, Inst Holders, 1Q 2018 (ADI); 24/04/2018 – ANALOG DEVICES, XILINX GAIN AFTER TEXAS INSTRUMENTS’ REV. BEAT; 08/05/2018 – DTS Virtual:X lmmersive Audio Technology Now Available Across Popular Analog Devices Product Series; 04/04/2018 – Analog Devices Non-Deal Roadshow Set By SunTrust for Apr. 11; 09/03/2018 – ANALOG DEVICES INC – ALSO PRICED $450 MLN AGGREGATE PRINCIPAL AMOUNT OF 2.950% SENIOR UNSECURED NOTES DUE JANUARY 12, 2021; 08/03/2018 Analog Devices Adds Innovative RADAR Technology For Industrial And Automotive Markets With Acquisition Of Symeo GmbH

Dearborn Partners Llc, which manages about $1.48 billion and $1.43 billion US Long portfolio, decreased its stake in Jack Henry & Assoc Inc Com (NASDAQ:JKHY) by 34,339 shares to 139,544 shares, valued at $22.34M in 2018Q3, according to the filing.

Investors sentiment decreased to 0.98 in 2018 Q3. Its down 0.16, from 1.14 in 2018Q2. It is negative, as 45 investors sold ADI shares while 249 reduced holdings. 66 funds opened positions while 223 raised stakes. 322.04 million shares or 0.42% more from 320.70 million shares in 2018Q2 were reported. Nuwave Invest Mngmt Ltd Llc holds 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 11 shares. Millennium Management Lc reported 396,246 shares. Sunbelt Inc holds 0.24% or 4,934 shares in its portfolio. Jefferies Gru Lc reported 0% stake. Tci Wealth Advsr accumulated 26 shares or 0% of the stock. Alphamark Advsr Limited Liability Corporation accumulated 0% or 67 shares. Naples Global Advisors, Florida-based fund reported 33,888 shares. Macquarie has 76,552 shares. Renaissance Inv Group reported 0.09% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Moreover, Teacher Retirement Sys Of Texas has 0.08% invested in Analog Devices, Inc. (NASDAQ:ADI). Johnson Gp holds 0.01% in Analog Devices, Inc. (NASDAQ:ADI) or 1,527 shares. Cohen Klingenstein Ltd reported 35,600 shares. Cornerstone Advisors Inc reported 0.16% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Moreover, Iberiabank has 0.06% invested in Analog Devices, Inc. (NASDAQ:ADI) for 4,788 shares. Mutual Of America Mgmt Limited Liability Com has invested 0.08% in Analog Devices, Inc. (NASDAQ:ADI).

Since August 27, 2018, it had 0 buys, and 16 sales for $11.83 million activity. Mahendra-Rajah Prashanth sold $243,886 worth of stock. STATA RAY sold 10,000 shares worth $900,140. $933,400 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by ROCHE VINCENT on Monday, December 3. Real Peter sold $1.84M worth of stock. On Wednesday, January 2 Henderson Gregory N. sold $420,402 worth of Analog Devices, Inc. (NASDAQ:ADI) or 5,003 shares. Hassett Joseph had sold 12,000 shares worth $1.20M.

Among 34 analysts covering Analog Devices (NASDAQ:ADI), 19 have Buy rating, 1 Sell and 14 Hold. Therefore 56% are positive. Analog Devices had 158 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, January 18 the stock rating was maintained by UBS with “Neutral”. The stock has “Buy” rating by Drexel Hamilton on Wednesday, August 30. The firm earned “Neutral” rating on Monday, June 27 by Bank of America. As per Wednesday, August 19, the company rating was maintained by UBS. As per Thursday, April 12, the company rating was maintained by SunTrust. The firm earned “Buy” rating on Monday, September 14 by Evercore. As per Tuesday, October 23, the company rating was maintained by Barclays Capital. On Tuesday, February 13 the stock rating was upgraded by Piper Jaffray to “Buy”. The firm earned “Buy” rating on Thursday, October 19 by Jefferies. The company was maintained on Wednesday, December 13 by Morgan Stanley.

More notable recent Analog Devices, Inc. (NASDAQ:ADI) news were published by: Nasdaq.com which released: “Analog Devices (ADI) Beats Q2 Earnings, Revenue Estimates – Nasdaq” on May 30, 2018, also Seekingalpha.com with their article: “Analog Devices: Estimates Could Be Too Low – Seeking Alpha” published on June 11, 2018, Seekingalpha.com published: “BofAML upgrades ADI on 5G potential – Seeking Alpha” on February 11, 2019. More interesting news about Analog Devices, Inc. (NASDAQ:ADI) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Analog Devices, Maxim Integrated Products and AAON – Nasdaq” published on November 26, 2018 as well as Nasdaq.com‘s news article titled: “Analog Devices, Inc. (ADI) Ex-Dividend Date Scheduled for March 08, 2018 – Nasdaq” with publication date: March 07, 2018.

Analysts await Darden Restaurants, Inc. (NYSE:DRI) to report earnings on March, 28. They expect $1.74 EPS, up 1.75% or $0.03 from last year’s $1.71 per share. DRI’s profit will be $214.91M for 16.04 P/E if the $1.74 EPS becomes a reality. After $0.92 actual EPS reported by Darden Restaurants, Inc. for the previous quarter, Wall Street now forecasts 89.13% EPS growth.

Since September 26, 2018, it had 0 insider buys, and 3 selling transactions for $13.03 million activity. The insider GEORGE DAVID C sold $6.03M. 1,565 shares valued at $164,169 were sold by Simon William S on Friday, February 1.

Among 32 analysts covering Darden Restaurants (NYSE:DRI), 19 have Buy rating, 2 Sell and 11 Hold. Therefore 59% are positive. Darden Restaurants had 140 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Buy” rating given on Monday, April 2 by Raymond James. The stock has “Hold” rating by Maxim Group on Tuesday, June 27. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Hold” rating given on Tuesday, June 27 by RBC Capital Markets. The firm earned “Buy” rating on Friday, January 11 by Bank of America. The firm has “Buy” rating given on Wednesday, September 27 by Maxim Group. The firm earned “Overweight” rating on Wednesday, July 18 by Barclays Capital. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Hold” rating given on Friday, March 24 by Maxim Group. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Equal-Weight” rating given on Friday, June 22 by Morgan Stanley. Canaccord Genuity maintained Darden Restaurants, Inc. (NYSE:DRI) rating on Wednesday, March 29. Canaccord Genuity has “Buy” rating and $90 target. As per Thursday, April 19, the company rating was upgraded by Bernstein.

Alliancebernstein Lp, which manages about $153.13 billion US Long portfolio, upped its stake in Wsfs Finl Corp (NASDAQ:WSFS) by 53,700 shares to 580,633 shares, valued at $27.38 million in 2018Q3, according to the filing. It also increased its holding in Anthem Inc (NYSE:ANTM) by 7,671 shares in the quarter, for a total of 2.96 million shares, and has risen its stake in Peoples United Financial Inc (NASDAQ:PBCT).

More notable recent Darden Restaurants, Inc. (NYSE:DRI) news were published by: Seekingalpha.com which released: “Darden Restaurants: A Growth Story Setting Up To Take A Break – Seeking Alpha” on January 15, 2019, also 247Wallst.com with their article: “Activist Investor Takes the Reins at Papa John’s – 24/7 Wall St.” published on February 04, 2019, Investorplace.com published: “7 S&P 500 Stocks That Need a New CEO – Investorplace.com” on January 30, 2019. More interesting news about Darden Restaurants, Inc. (NYSE:DRI) were released by: Globenewswire.com and their article: “New Research: Key Drivers of Growth for McCormick & Company, Darden Restaurants, Vanda Pharmaceuticals, SunPower, Pretium Resources, and America’s Car-Mart — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” published on January 29, 2019 as well as Ocbj.com‘s news article titled: “Stacked Taps Yard House Vet for First COO – Orange County Business Journal” with publication date: January 29, 2019.

Investors sentiment decreased to 1.02 in Q3 2018. Its down 0.05, from 1.07 in 2018Q2. It is negative, as 37 investors sold DRI shares while 185 reduced holdings. 79 funds opened positions while 148 raised stakes. 104.62 million shares or 0.24% more from 104.37 million shares in 2018Q2 were reported. Qs Investors Ltd Liability Corp owns 31,946 shares. 8,057 were reported by Fulton Bancorp Na. First Merchants holds 0.06% or 3,370 shares in its portfolio. Bryn Mawr Tru owns 118,476 shares or 0.7% of their US portfolio. 440,455 are held by Martingale Asset Limited Partnership. Citadel Advsr Ltd Com holds 0.01% in Darden Restaurants, Inc. (NYSE:DRI) or 263,961 shares. Castleark Mngmt Ltd Liability Corporation has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI). Edgestream Ptnrs Lp stated it has 1,992 shares or 0.04% of all its holdings. Pub Employees Retirement Sys Of Ohio holds 0.03% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 51,166 shares. Hs Mgmt Prtnrs Ltd Liability Company invested in 480,425 shares or 1.54% of the stock. Marshall Wace Ltd Liability Partnership reported 123,124 shares. Atria Invests Lc invested in 18,561 shares. Guggenheim Capital Ltd Liability Corporation holds 89,557 shares or 0.06% of its portfolio. Macquarie invested in 34,650 shares or 0.01% of the stock. Peddock Cap Advsrs Ltd Limited Liability Company reported 9,594 shares.

Analog Devices, Inc. (NASDAQ:ADI) Institutional Positions Chart