Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) VP Thomas G. Dritsas bought 7,194 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was bought at an average price of $13.97 per share, with a total value of $100,500.18. Following the completion of the purchase, the vice president now owns 10,848 shares of the company’s stock, valued at $151,546.56. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) opened at 14.35 on Monday. Del Frisco’s Restaurant Group, Inc. has a 52 week low of $13.01 and a 52 week high of $18.80. The firm has a market capitalization of $303.17 million, a P/E ratio of 24.66 and a beta of 0.80. The firm has a 50-day moving average price of $15.53 and a 200-day moving average price of $16.88.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings data on Friday, July 21st. The restaurant operator reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.02. The firm had revenue of $82.30 million for the quarter, compared to the consensus estimate of $81.92 million. Del Frisco’s Restaurant Group had a return on equity of 7.39% and a net margin of 3.73%. Del Frisco’s Restaurant Group’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 earnings per share. Equities analysts forecast that Del Frisco’s Restaurant Group, Inc. will post $0.76 EPS for the current year.

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A number of brokerages have commented on DFRG. BidaskClub upgraded Del Frisco’s Restaurant Group from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. TheStreet downgraded Del Frisco’s Restaurant Group from a “b” rating to a “c+” rating in a research note on Wednesday, June 7th. Zacks Investment Research downgraded Del Frisco’s Restaurant Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 19th. Deutsche Bank AG restated a “hold” rating and issued a $17.50 target price (up from $16.00) on shares of Del Frisco’s Restaurant Group in a research note on Saturday, April 29th. Finally, Canaccord Genuity restated a “hold” rating and issued a $19.00 target price on shares of Del Frisco’s Restaurant Group in a research note on Tuesday, April 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $18.75.

A number of hedge funds have recently modified their holdings of DFRG. Bank of New York Mellon Corp boosted its stake in shares of Del Frisco’s Restaurant Group by 30.0% in the second quarter. Bank of New York Mellon Corp now owns 155,804 shares of the restaurant operator’s stock valued at $2,509,000 after buying an additional 35,997 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of 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 valued at $186,000 after buying an additional 4,621 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Del Frisco’s Restaurant Group by 1.9% in the second quarter. Rhumbline Advisers now owns 26,097 shares of the restaurant operator’s stock valued at $420,000 after buying an additional 485 shares in the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of Del Frisco’s Restaurant Group by 0.5% in the second quarter. Wedge Capital Management L L P NC now owns 829,121 shares of the restaurant operator’s stock valued at $13,349,000 after buying an additional 4,288 shares in the last quarter. Finally, Cigna Investments Inc. New purchased a new stake in shares of Del Frisco’s Restaurant Group during the second quarter valued at $205,000.

Del Frisco’s Restaurant Group Company 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.

Insider Buying and Selling by Quarter for Del Frisco`s Restaurant Group (NASDAQ:DFRG)

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