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Glenview Capital Management Has Lifted Flex LTD (FLEX) Stake; Darden Restaurants (DRI) Sellers Decreased By 1.89% Their Shorts

Glenview Capital Management Llc increased Flex Ltd (FLEX) stake by 3.33% reported in 2017Q3 SEC filing. Glenview Capital Management Llc acquired 1.27 million shares as Flex Ltd (FLEX)’s stock rose 0.43%. The Glenview Capital Management Llc holds 39.43 million shares with $653.40M value, up from 38.16 million last quarter. Flex Ltd now has $9.41B valuation. The stock decreased 0.22% or $0.04 during the last trading session, reaching $17.83. About 5.22M shares traded or 26.88% up from the average. Flex Ltd. (NASDAQ:FLEX) has risen 35.11% since March 20, 2017 and is uptrending. It has outperformed by 18.41% the S&P500.

Darden Restaurants Inc (NYSE:DRI) had a decrease of 1.89% in short interest. DRI’s SI was 6.09M shares in March as released by FINRA. Its down 1.89% from 6.20 million shares previously. With 1.12M avg volume, 5 days are for Darden Restaurants Inc (NYSE:DRI)’s short sellers to cover DRI’s short positions. The SI to Darden Restaurants Inc’s float is 4.94%. The stock increased 0.78% or $0.74 during the last trading session, reaching $95.11. About 1.93 million shares traded or 28.46% up from the average. Darden Restaurants, Inc. (NYSE:DRI) has risen 31.96% since March 20, 2017 and is uptrending. It has outperformed by 15.26% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.08, from 0.96 in 2017Q2. It worsened, as 55 investors sold Darden Restaurants, Inc. shares while 169 reduced holdings. 56 funds opened positions while 160 raised stakes. 108.03 million shares or 1.09% more from 106.87 million shares in 2017Q2 were reported. Wetherby Asset Mngmt reported 0.06% stake. Stonebridge Ltd has 0.11% invested in Darden Restaurants, Inc. (NYSE:DRI). C M Bidwell Assocs Limited holds 215 shares or 0.03% of its portfolio. Argent Cap Mngmt Limited Liability Corp holds 5,132 shares or 0.02% of its portfolio. Contravisory Investment Mngmt has 2,963 shares. Meiji Yasuda Life Insur, Japan-based fund reported 5,140 shares. Goelzer Inv Mngmt invested in 47,723 shares or 0.44% of the stock. Ledyard Financial Bank accumulated 1,718 shares. Hs Management Prtnrs Lc invested in 1.99 million shares. First Interstate Comml Bank has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI). Choate Invest Advisors invested in 13,690 shares or 0.06% of the stock. British Columbia Investment Corporation reported 55,058 shares. Numeric Invsts Limited Liability invested in 0.05% or 83,400 shares. Schroder Inv Mgmt holds 0.02% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 181,236 shares. Fred Alger Mgmt has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI).

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 13 have Buy rating, 0 Sell and 14 Hold. Therefore 48% are positive. Darden Restaurants had 99 analyst reports since August 25, 2015 according to SRatingsIntel. Raymond James upgraded the shares of DRI in report on Tuesday, October 18 to “Mkt Perform” rating. Zacks downgraded Darden Restaurants, Inc. (NYSE:DRI) on Tuesday, August 25 to “Strong-Buy” rating. The firm has “Buy” rating given on Thursday, December 14 by Oppenheimer. The stock has “Buy” rating by Maxim Group on Monday, December 21. Credit Suisse maintained Darden Restaurants, Inc. (NYSE:DRI) on Friday, November 13 with “Outperform” rating. The rating was upgraded by Guggenheim on Thursday, December 1 to “Buy”. Stifel Nicolaus maintained the stock with “Sell” rating in Monday, October 3 report. The firm earned “Buy” rating on Wednesday, April 6 by BTIG Research. Maxim Group upgraded Darden Restaurants, Inc. (NYSE:DRI) on Monday, October 19 to “Buy” rating. The rating was maintained by Oppenheimer with “Buy” on Wednesday, January 10.

Since January 10, 2018, it had 0 insider purchases, and 3 selling transactions for $7.25 million activity. Cardenas Ricardo sold $1.05M worth of Darden Restaurants, Inc. (NYSE:DRI) on Wednesday, January 10. 4,300 shares were sold by Milanes Douglas J., worth $417,315. LEE EUGENE I JR also sold $5.79M worth of Darden Restaurants, Inc. (NYSE:DRI) shares.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. The company has market cap of $11.75 billion. As of June 27, 2017, it owned and operated approximately 1,700 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's brands. It has a 24.38 P/E ratio.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.11, from 0.92 in 2017Q2. It dived, as 33 investors sold FLEX shares while 106 reduced holdings. 38 funds opened positions while 90 raised stakes. 497.19 million shares or 0.70% less from 500.69 million shares in 2017Q2 were reported. Fdx Advsr, California-based fund reported 50,746 shares. Glenmede Trust Na has 112,885 shares. Aviva Public Ltd Co invested in 0.03% or 339,764 shares. Pzena Inv Management Lc invested in 4.43M shares. Bb&T Lc holds 0% or 20,454 shares in its portfolio. Gmt Capital Corporation accumulated 8.07M shares. Woodmont Inv Counsel Ltd Liability Company has 14,746 shares. Legal General Gru Public Ltd Company has 0.04% invested in Flex Ltd. (NASDAQ:FLEX). Mitsubishi Ufj Tru And Bk Corp accumulated 0.04% or 1.29 million shares. Etrade Mngmt Ltd Liability Com has 23,809 shares. Putnam Invests Limited Com owns 61,831 shares. Deutsche Natl Bank Ag holds 0.01% or 858,197 shares. Peak6 Invests Ltd Partnership stated it has 0% of its portfolio in Flex Ltd. (NASDAQ:FLEX). Lpl Financial Ltd Liability Company reported 0% stake. Mackenzie Finance has invested 0.08% in Flex Ltd. (NASDAQ:FLEX).

Glenview Capital Management Llc decreased Hertz Global Hldgs Inc stake by 652,738 shares to 5.06 million valued at $113.19M in 2017Q3. It also reduced Liberty Global Plc (NASDAQ:LBTYK) stake by 150,000 shares and now owns 6.53M shares. Visa Inc (NYSE:V) was reduced too.

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