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Darden Restaurants, Inc. (DRI) EPS Estimated At $1.35; Polar Securities Has Cut Microchip Technology (MCHP) Holding By $15.57 Million

Darden Restaurants, Inc. (NYSE:DRI) Logo

Analysts expect Darden Restaurants, Inc. (NYSE:DRI) to report $1.35 EPS on June, 21 before the open.They anticipate $0.17 EPS change or 14.41% from last quarter’s $1.18 EPS. DRI’s profit would be $167.11 million giving it 17.07 P/E if the $1.35 EPS is correct. After having $1.71 EPS previously, Darden Restaurants, Inc.’s analysts see -21.05% EPS growth. The stock decreased 0.21% or $0.19 during the last trading session, reaching $92.19. About 1.68 million shares traded or 5.42% up from the average. Darden Restaurants, Inc. (NYSE:DRI) has declined 0.25% since June 15, 2017 and is downtrending. It has underperformed by 12.82% the S&P500. Some Historical DRI News: ; 22/03/2018 – DARDEN RESTAURANTS INC – INCREASED ITS FINANCIAL OUTLOOK FOR FISCAL 2018; 20/03/2018 – QSR Operators Leveraging Gig Economy Platform Targeting Restaurant Delivery Services; 22/03/2018 – DARDEN EARNINGS CALL ENDS; 14/05/2018 – CLINTON GROUP ADDED D, DRI, GOOGL, MA, REG IN 1Q: 13F; 20/04/2018 – DJ Darden Restaurants Inc, Inst Holders, 1Q 2018 (DRI); 09/03/2018 – Oil Dri 2Q Loss 12c/Basic Class B Shr; 09/03/2018 – Oil Dri 2Q Loss 17c/Basic Common Sh; 22/03/2018 – Darden Restaurants 3Q Adj EPS $1.71; 22/03/2018 – Darden Restaurants 3Q EPS $1.73; 22/03/2018 – DARDEN 3Q ADJ EPS CONT OPS $1.71, EST. $1.64

Polar Securities Inc decreased Microchip Technology Inc (MCHP) stake by 50.98% reported in 2018Q1 SEC filing. Polar Securities Inc sold 171,100 shares as Microchip Technology Inc (MCHP)’s stock rose 10.92%. The Polar Securities Inc holds 164,500 shares with $15.03 million value, down from 335,600 last quarter. Microchip Technology Inc now has $24.11 billion valuation. The stock increased 0.48% or $0.49 during the last trading session, reaching $102.57. About 1.39M shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has risen 17.17% since June 15, 2017 and is uptrending. It has outperformed by 4.60% the S&P500. Some Historical MCHP News: ; 13/04/2018 – Microchip Technology Sees Closing Microsemi Buy in June; 08/05/2018 – Microchip qtrly revenue rises 11 pct; 21/05/2018 – MICROCHIP TECHNOLOGY REPORTS INTENTION TO OFFER SR SECURED; 07/05/2018 – MICROCHIP TECHNOLOGY ON MOFCOM APPROVAL FOR MICROSEMI DEAL- BELIEVE REVIEW PROCESS IS RUNNING SMOOTHLY; CO OPTIMISTIC IT WILL RECEIVE CLEARANCE SHORTLY; 15/05/2018 – Microchip Tech Sees Closing Microsemi Buy In Late May or Early June; 08/05/2018 – MICROCHIP TECHNOLOGY DECLARES QTRLY CASH DIV OF 36.35C/SHR; 29/05/2018 – Microchip Tech Sees Deal Immediately Adding to Adjusted EPS; 23/05/2018 – MICROCHIP: MICROSEMI HOLDERS APPROVED MERGER; 12/04/2018 – Microchip Closes Above 200-Day Moving Average: Technicals; 30/05/2018 – S&P REVISES MICROCHIP TECHNOLOGY INC. OUTLOOK TO ‘STABLE’ FROM CREDIT WATCH ‘NEGATIVE’; RATING ‘BB’

More recent Darden Restaurants, Inc. (NYSE:DRI) news were published by: Streetinsider.com which released: “SunTrust Robinson Humphrey Upgrades Darden Restaurants (DRI) to Buy” on June 07, 2018. Also Bizjournals.com published the news titled: “Inside the list: See the highest-paid CEOs among Central Florida’s top publicly-traded companies” on May 31, 2018. Seekingalpha.com‘s news article titled: “This Net Lease REIT Is ‘Finger Lickin’ Good'” with publication date: June 04, 2018 was also an interesting one.

Investors sentiment is 0.88 in Q1 2018. Its the same as in 2017Q4. It has no change, as 53 investors sold Darden Restaurants, Inc. shares while 190 reduced holdings. only 75 funds opened positions while 138 raised stakes. 104.89 million shares or 1.80% more from 103.03 million shares in 2017Q4 were reported. Old Mutual Customised Solutions (Proprietary) Ltd invested 0.06% in Darden Restaurants, Inc. (NYSE:DRI). Principal Fincl Grp Inc Inc has invested 0.02% in Darden Restaurants, Inc. (NYSE:DRI). Mirae Asset Global Invests Ltd reported 3,111 shares or 0% of all its holdings. Global X Mngmt Ltd Limited Liability Company stated it has 8,505 shares. Stevens Mgmt Limited Partnership holds 0.4% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 125,064 shares. Highbridge Capital Ltd Limited Liability Company accumulated 259,751 shares. Amundi Pioneer Asset stated it has 247,147 shares. 45,926 are owned by Suntrust Banks Incorporated. 32,461 are owned by D E Shaw & Inc. Bb&T Corporation stated it has 0% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). Savings Bank Of America Corporation De invested in 602,732 shares or 0.01% of the stock. Atria Invests Ltd Liability Com invested in 0.06% or 14,393 shares. Panagora Asset Management owns 22,093 shares for 0.01% of their portfolio. Creative Planning holds 7,160 shares or 0% of its portfolio. Lpl Finance Limited Liability Com holds 0% in Darden Restaurants, Inc. (NYSE:DRI) or 15,016 shares.

Since January 10, 2018, it had 0 buys, and 3 sales for $7.25 million activity. 4,300 shares were sold by Milanes Douglas J., worth $417,315 on Wednesday, January 10. 59,783 shares were sold by LEE EUGENE I JR, worth $5.79M. $1.05M worth of Darden Restaurants, Inc. (NYSE:DRI) was sold by Cardenas Ricardo on Wednesday, January 10.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. The company has market cap of $11.41 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 21.33 P/E ratio.

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 18 have Buy rating, 0 Sell and 9 Hold. Therefore 67% are positive. Darden Restaurants has $116.0 highest and $50 lowest target. $96.21’s average target is 4.36% above currents $92.19 stock price. Darden Restaurants had 112 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, April 2 by Raymond James. On Tuesday, August 25 the stock rating was downgraded by Zacks to “Strong-Buy”. The firm earned “Buy” rating on Monday, October 19 by Maxim Group. The rating was downgraded by Raymond James to “Market Perform” on Monday, October 12. The stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Hold” rating by Jefferies on Tuesday, December 19. The rating was initiated by SunTrust on Thursday, October 8 with “Neutral”. The rating was maintained by Canaccord Genuity on Friday, January 5 with “Buy”. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Sell” rating given on Tuesday, July 26 by Stifel Nicolaus. The stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Buy” rating by Oppenheimer on Thursday, July 20. The company was maintained on Wednesday, December 20 by Bernstein.

Analysts await Microchip Technology Incorporated (NASDAQ:MCHP) to report earnings on August, 2. They expect $1.39 earnings per share, up 11.20% or $0.14 from last year’s $1.25 per share. MCHP’s profit will be $326.70 million for 18.45 P/E if the $1.39 EPS becomes a reality. After $1.33 actual earnings per share reported by Microchip Technology Incorporated for the previous quarter, Wall Street now forecasts 4.51% EPS growth.

Among 24 analysts covering Microchip Technology (NASDAQ:MCHP), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Microchip Technology has $135 highest and $43 lowest target. $103.39’s average target is 0.80% above currents $102.57 stock price. Microchip Technology had 76 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Equal-Weight” rating given on Tuesday, June 5 by Morgan Stanley. The firm has “Buy” rating given on Monday, September 11 by Jefferies. On Tuesday, November 7 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Tuesday, August 9 by Jefferies. Mizuho upgraded the shares of MCHP in report on Monday, March 5 to “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, September 26. The firm has “Buy” rating by B. Riley & Co given on Thursday, November 5. The firm earned “Buy” rating on Thursday, August 3 by Stifel Nicolaus. Needham maintained the stock with “Buy” rating in Thursday, September 7 report. Needham maintained the stock with “Buy” rating in Friday, August 4 report.

Polar Securities Inc increased Bce Inc (Put) (NYSE:BCE) stake by 290,900 shares to 309,300 valued at $13.31 million in 2018Q1. It also upped Lakeland Inds Inc (NASDAQ:LAKE) stake by 81,603 shares and now owns 196,603 shares. Kayne Anderson Acquisition was raised too.

More notable recent Microchip Technology Incorporated (NASDAQ:MCHP) news were published by: Nasdaq.com which released: “Streamline Deployment of Smart Energy Equipment with Flexible Power Line Communication (PLC) Modem” on June 12, 2018, also Globenewswire.com with their article: “Microchip Technology Announces Completion of Microsemi Acquisition” published on May 29, 2018, Seekingalpha.com published: “Microchip Technology, Inc. (MCHP) CEO Steve Sanghi on Microsemi Acquisition Call (Transcript)” on June 01, 2018. More interesting news about Microchip Technology Incorporated (NASDAQ:MCHP) were released by: Globenewswire.com and their article: “Microchip Technology Incorporated Prices $2.0 Billion Note Offering” published on May 24, 2018 as well as Benzinga.com‘s news article titled: “4 Stocks That Look Like They Will Go Higher In The Coming Days” with publication date: May 31, 2018.

Since February 22, 2018, it had 0 insider purchases, and 13 sales for $6.45 million activity. Shares for $324,093 were sold by SIMONCIC RICHARD J. Bjornholt James Eric sold $215,913 worth of stock or 2,308 shares. $564,492 worth of Microchip Technology Incorporated (NASDAQ:MCHP) was sold by CHAPMAN MATTHEW W. DREHOBL STEPHEN V sold $453,935 worth of Microchip Technology Incorporated (NASDAQ:MCHP) on Thursday, February 22. LITTLE MITCHELL R sold $374,013 worth of stock or 3,998 shares. Shares for $474,590 were sold by MEYERCORD WADE F. Shares for $222,732 were sold by Johnson Esther on Wednesday, March 14.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.19, from 1 in 2017Q4. It fall, as 53 investors sold MCHP shares while 272 reduced holdings. 81 funds opened positions while 182 raised stakes. 248.38 million shares or 5.16% more from 236.19 million shares in 2017Q4 were reported. New York State Common Retirement Fund reported 571,814 shares. Kayne Anderson Rudnick Invest Mgmt Ltd holds 86,148 shares or 0.06% of its portfolio. Regent Inv Mgmt Ltd Liability Company holds 0.09% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP) for 2,959 shares. Btim Corp holds 0.01% or 4,290 shares in its portfolio. Citizens Northern has invested 0.49% in Microchip Technology Incorporated (NASDAQ:MCHP). 39,621 were reported by Bluefin Trading Lc. Chevy Chase Trust holds 0.08% or 199,076 shares. Duncker Streett has invested 0.02% in Microchip Technology Incorporated (NASDAQ:MCHP). Wealth Enhancement Advisory Svcs Lc reported 10,696 shares. Orleans Capital Management Corporation La has invested 2.16% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). State Board Of Administration Of Florida Retirement Systems invested 0.08% in Microchip Technology Incorporated (NASDAQ:MCHP). Crawford Inv Counsel invested in 9,907 shares or 0.03% of the stock. Tiaa Cref Invest Mgmt Limited Liability Com holds 0.04% or 657,163 shares. Northern Tru reported 3.24 million shares or 0.08% of all its holdings. Legal & General Public Limited Company reported 1.15M shares.

Microchip Technology Incorporated (NASDAQ:MCHP) Institutional Positions Chart

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