Today, Del Frisco’s Restaurant Group Inc. (DFRG) Upgrade at Credit Suisse Group AG

Today, Del Frisco’s Restaurant Group Inc. (DFRG) Upgrade at Credit Suisse Group AG

Del Frisco’s Restaurant Group Inc. (NASDAQ:DFRG) was upgraded by equities research analysts at Credit Suisse Group AG from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Other equities analysts have also issued reports about the company. Stephens reissued an “overweight” rating and set a $18.00 price target on shares of Del Frisco’s Restaurant Group in a research note on Monday, October 17th. Canaccord Genuity began coverage on Del Frisco’s Restaurant Group in a research note on Monday, August 22nd. They set a “hold” rating and a $15.00 price target for the company. Zacks Investment Research lowered Del Frisco’s Restaurant Group from a “hold” rating to a “sell” rating in a research note on Monday, October 3rd. Finally, Wm Smith began coverage on Del Frisco’s Restaurant Group in a research note on Wednesday, October 5th. They set a “not rated” rating and a $19.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $16.71.

Shares of Del Frisco’s Restaurant Group (NASDAQ:DFRG) opened at 17.00 on Tuesday. Del Frisco’s Restaurant Group has a 12 month low of $12.94 and a 12 month high of $17.15. The company has a market capitalization of $399.96 million, a price-to-earnings ratio of 21.49 and a beta of 0.83. The stock has a 50 day moving average price of $14.66 and a 200-day moving average price of $14.83.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last released its quarterly earnings data on Friday, October 14th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by $0.01. The business earned $71.40 million during the quarter. Del Frisco’s Restaurant Group had a return on equity of 8.15% and a net margin of 5.36%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the business posted $0.04 earnings per share. Analysts expect that Del Frisco’s Restaurant Group will post $0.79 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the company. BlackRock Investment Management LLC increased its stake in shares of Del Frisco’s Restaurant Group by 6.5% in the second quarter. BlackRock Investment Management LLC now owns 101,459 shares of the company’s stock valued at $1,453,000 after buying an additional 6,187 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its stake in shares of Del Frisco’s Restaurant Group by 148.0% in the second quarter. Dynamic Technology Lab Private Ltd now owns 30,765 shares of the company’s stock valued at $440,000 after buying an additional 18,358 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Del Frisco’s Restaurant Group by 3.4% in the second quarter. Vanguard Group Inc. now owns 848,657 shares of the company’s stock valued at $12,153,000 after buying an additional 27,591 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Del Frisco’s Restaurant Group by 22.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,102,566 shares of the company’s stock valued at $15,789,000 after buying an additional 200,788 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Del Frisco’s Restaurant Group by 45.6% in the second quarter. UBS Asset Management Americas Inc. now owns 618,123 shares of the company’s stock valued at $8,851,000 after buying an additional 193,514 shares during the last quarter. Hedge funds and other institutional investors own 98.88% of the company’s stock.

About Del Frisco’s Restaurant Group

Del Frisco’s Restaurant Group, Inc is engaged in developing, owning and operating restaurants. The Company’s complementary restaurants include Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). Its operating segments are Del Frisco’s, Sullivan’s and Del Frisco’s Grille.

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Today, Del Frisco’s Restaurant Group Inc. (DFRG) Upgrade at Credit Suisse Group AG

Today, Del Frisco’s Restaurant Group Inc. (DFRG) Upgrade at Credit Suisse Group AG

Del Frisco’s Restaurant Group Inc. (NASDAQ:DFRG) was upgraded by equities research analysts at Credit Suisse Group AG from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Other equities analysts have also issued reports about the company. Stephens reissued an “overweight” rating and set a $18.00 price target on shares of Del Frisco’s Restaurant Group in a research note on Monday, October 17th. Canaccord Genuity began coverage on Del Frisco’s Restaurant Group in a research note on Monday, August 22nd. They set a “hold” rating and a $15.00 price target for the company. Zacks Investment Research lowered Del Frisco’s Restaurant Group from a “hold” rating to a “sell” rating in a research note on Monday, October 3rd. Finally, Wm Smith began coverage on Del Frisco’s Restaurant Group in a research note on Wednesday, October 5th. They set a “not rated” rating and a $19.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $16.71.

Shares of Del Frisco’s Restaurant Group (NASDAQ:DFRG) opened at 17.00 on Tuesday. Del Frisco’s Restaurant Group has a 12 month low of $12.94 and a 12 month high of $17.15. The company has a market capitalization of $399.96 million, a price-to-earnings ratio of 21.49 and a beta of 0.83. The stock has a 50 day moving average price of $14.66 and a 200-day moving average price of $14.83.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last released its quarterly earnings data on Friday, October 14th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by $0.01. The business earned $71.40 million during the quarter. Del Frisco’s Restaurant Group had a return on equity of 8.15% and a net margin of 5.36%. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the business posted $0.04 earnings per share. Analysts expect that Del Frisco’s Restaurant Group will post $0.79 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the company. BlackRock Investment Management LLC increased its stake in shares of Del Frisco’s Restaurant Group by 6.5% in the second quarter. BlackRock Investment Management LLC now owns 101,459 shares of the company’s stock valued at $1,453,000 after buying an additional 6,187 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its stake in shares of Del Frisco’s Restaurant Group by 148.0% in the second quarter. Dynamic Technology Lab Private Ltd now owns 30,765 shares of the company’s stock valued at $440,000 after buying an additional 18,358 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Del Frisco’s Restaurant Group by 3.4% in the second quarter. Vanguard Group Inc. now owns 848,657 shares of the company’s stock valued at $12,153,000 after buying an additional 27,591 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Del Frisco’s Restaurant Group by 22.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,102,566 shares of the company’s stock valued at $15,789,000 after buying an additional 200,788 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Del Frisco’s Restaurant Group by 45.6% in the second quarter. UBS Asset Management Americas Inc. now owns 618,123 shares of the company’s stock valued at $8,851,000 after buying an additional 193,514 shares during the last quarter. Hedge funds and other institutional investors own 98.88% of the company’s stock.

About Del Frisco’s Restaurant Group

Del Frisco’s Restaurant Group, Inc is engaged in developing, owning and operating restaurants. The Company’s complementary restaurants include Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). Its operating segments are Del Frisco’s, Sullivan’s and Del Frisco’s Grille.

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