Hilton Capital Management and PGGM Investments reduced their holdings in Darden Restaurants, while entities such as Proficio Capital Partners, Jones Financial Companies, and Banco Santander boosted their investments in the company. Despite stock sell-offs by Great Lakes Advisors, AGF Management, and Victory Capital Management, the restaurant chain continues to attract sizeable investments. Darden Restaurants' performance has been impressive, with noteworthy Q2 earnings bolstering sales and the stock price hitting an all-time high of $202.88. The company's strong earnings and positive outlook led to an 18% gain in market performance and a new 52-week high. However, insider trading activity, such as large stock sell-offs, may denote potential weakness. The company recently completed the acquisition of Chuy's Holdings, a clear reflection of its strategic growth intent. Darden's ongoing partnership with Uber for delivery services further underscores its determination to overcome challenges in the industry.
Darden Restaurants Stocks DRI News Analytics from Tue, 17 Sep 2024 10:56:00 GMT to Sat, 15 Mar 2025 13:30:08 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor -4
