Del Frisco's Restaurant Group Inc (NASDAQ:DFRG) Holdings Lifted by Citadel Advisors LLC

Citadel Advisors LLC increased its stake in Del Frisco's Restaurant Group Inc (NASDAQ:DFRG) by 243.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,610 shares of the restaurant operator’s stock after buying an additional 70,598 shares during the period. Citadel Advisors LLC owned about 0.47% of Del Frisco's Restaurant Group worth $1,450,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. SG Americas Securities LLC boosted its holdings in Del Frisco's Restaurant Group by 66.4% in the second quarter. SG Americas Securities LLC now owns 11,580 shares of the restaurant operator’s stock worth $186,000 after purchasing an additional 4,621 shares during the period. AXA acquired a new position in shares of Del Frisco's Restaurant Group during the second quarter valued at $203,000. Cigna Investments Inc. New acquired a new stake in Del Frisco's Restaurant Group in the second quarter worth about $205,000. Voya Investment Management LLC lifted its holdings in Del Frisco's Restaurant Group by 12.7% in the second quarter. Voya Investment Management LLC now owns 14,576 shares of the restaurant operator’s stock worth $235,000 after purchasing an additional 1,643 shares during the period. Finally, Strs Ohio acquired a new stake in Del Frisco's Restaurant Group in the second quarter worth about $299,000. Institutional investors and hedge funds own 96.32% of the company’s stock.

Shares of Del Frisco's Restaurant Group Inc (NASDAQ:DFRG) traded down $0.15 during trading on Friday, reaching $15.25. The company’s stock had a trading volume of 140,844 shares, compared to its average volume of 134,168. The company has a market capitalization of $326.77, a PE ratio of 33.89, a P/E/G ratio of 1.91 and a beta of 0.79. The company has a quick ratio of 0.33, a current ratio of 0.76 and a debt-to-equity ratio of 0.19. Del Frisco's Restaurant Group Inc has a 52-week low of $11.70 and a 52-week high of $18.80.

Del Frisco's Restaurant Group (NASDAQ:DFRG) last announced its earnings results on Friday, October 13th. The restaurant operator reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Del Frisco's Restaurant Group had a return on equity of 6.94% and a net margin of 3.00%. The company had revenue of $73.30 million for the quarter, compared to the consensus estimate of $73.58 million. During the same period in the previous year, the company earned $0.04 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. analysts expect that Del Frisco's Restaurant Group Inc will post 0.73 EPS for the current year.

Several equities research analysts recently weighed in on DFRG shares. Zacks Investment Research raised shares of Del Frisco's Restaurant Group from a “sell” rating to a “hold” rating in a report on Friday, November 17th. Raymond James Financial set a $16.00 price target on shares of Del Frisco's Restaurant Group and gave the stock a “hold” rating in a research report on Monday, October 16th. Credit Suisse Group cut their price objective on Del Frisco's Restaurant Group from $16.50 to $14.50 and set an “outperform” rating on the stock in a report on Wednesday, October 18th. Finally, Canaccord Genuity restated a “hold” rating and set a $16.00 price objective on shares of Del Frisco's Restaurant Group in a report on Sunday, October 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Del Frisco's Restaurant Group currently has a consensus rating of “Hold” and a consensus price target of $16.00.

In other news, Director Ian Russell Carter bought 8,900 shares of the business’s stock in a transaction that occurred on Tuesday, October 17th. The stock was acquired at an average cost of $12.70 per share, for a total transaction of $113,030.00. Following the completion of the purchase, the director now owns 47,239 shares of the company’s stock, valued at approximately $599,935.30. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders have bought 11,000 shares of company stock valued at $139,796. Corporate insiders own 2.40% of the company’s stock.

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Del Frisco's Restaurant Group Profile

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States.

Institutional Ownership by Quarter for Del Frisco's Restaurant Group (NASDAQ:DFRG)

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