Acropolis Investment Management Has Cut Darden Restaurants (DRI) Stake By $1.00 Million; Sunstone Hotel Investors, Inc. (SHO) Had 4 Bulls

May 20, 2018 - By Nellie Frank

Darden Restaurants, Inc. (NYSE:DRI) Logo

Acropolis Investment Management Llc decreased Darden Restaurants Inc (DRI) stake by 76.56% reported in 2017Q4 SEC filing. Acropolis Investment Management Llc sold 10,548 shares as Darden Restaurants Inc (DRI)’s stock declined 12.63%. The Acropolis Investment Management Llc holds 3,230 shares with $310,000 value, down from 13,778 last quarter. Darden Restaurants Inc now has $10.53 billion valuation. The stock decreased 1.02% or $0.88 during the last trading session, reaching $85.06. About 1.75M shares traded or 6.99% up from the average. Darden Restaurants, Inc. (NYSE:DRI) has risen 11.43% since May 20, 2017 and is uptrending. It has underperformed by 0.12% the S&P500.

Among 19 analysts covering Sunstone Hotel Investors Inc (NYSE:SHO), 4 have Buy rating, 3 Sell and 12 Hold. Therefore 21% are positive. Sunstone Hotel Investors Inc had 45 analyst reports since July 21, 2015 according to SRatingsIntel. Raymond James upgraded the shares of SHO in report on Friday, January 8 to “Outperform” rating. The rating was maintained by FBR Capital with “Mkt Perform” on Thursday, May 4. The company was maintained on Thursday, August 3 by Canaccord Genuity. The stock of Sunstone Hotel Investors, Inc. (NYSE:SHO) has “Neutral” rating given on Monday, August 22 by Citigroup. The firm has “Outperform” rating given on Friday, November 20 by FBR Capital. On Wednesday, March 23 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Sell” rating on Thursday, November 16 by J.P. Morgan. As per Thursday, February 18, the company rating was initiated by Jefferies. SunTrust maintained the stock with “Hold” rating in Tuesday, October 17 report. On Monday, March 21 the stock rating was downgraded by Evercore to “Hold”. See Sunstone Hotel Investors, Inc. (NYSE:SHO) latest ratings:

21/02/2018 Broker: Boenning \u0026 Scattergood Old Rating: Neutral New Rating: Buy Upgrade
14/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $17.0 Maintain
14/02/2018 Broker: Boenning & Scattergood Rating: Hold Maintain
12/02/2018 Broker: FBR Capital Rating: Hold New Target: $16.0
12/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $18.0 Maintain
08/01/2018 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Downgrade
19/12/2017 Broker: Wells Fargo Old Rating: Outperform New Rating: Market Perform Downgrade

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.08, from 0.96 in 2017Q3. It fall, as 46 investors sold DRI shares while 187 reduced holdings. 83 funds opened positions while 121 raised stakes. 103.03 million shares or 4.63% less from 108.03 million shares in 2017Q3 were reported. Moreover, Gateway Invest Advisers Ltd Liability has 0.01% invested in Darden Restaurants, Inc. (NYSE:DRI) for 8,096 shares. 12,788 were reported by First Commercial Bank. Fruth Invest Management accumulated 20,900 shares. Aviva Public Limited owns 0.04% invested in Darden Restaurants, Inc. (NYSE:DRI) for 68,678 shares. Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 12,700 shares. Barclays Public Ltd Com holds 269,042 shares. Martingale Asset Mngmt Lp invested in 0.62% or 487,005 shares. Schroder Inv Grp has 187,111 shares. Greatmark Invest stated it has 6,555 shares or 0.23% of all its holdings. Bancorp Of Nova Scotia accumulated 50,060 shares. Vanguard Grp Inc stated it has 0.05% in Darden Restaurants, Inc. (NYSE:DRI). First Citizens Financial Bank Company reported 4,827 shares. Alliancebernstein LP has 0.02% invested in Darden Restaurants, Inc. (NYSE:DRI) for 306,321 shares. Gw Henssler And Associate reported 121,431 shares. Vnbtrust Natl Association holds 4,050 shares or 0.23% of its portfolio.

Analysts await Darden Restaurants, Inc. (NYSE:DRI) to report earnings on June, 26. They expect $1.35 earnings per share, up 14.41% or $0.17 from last year’s $1.18 per share. DRI’s profit will be $167.12M for 15.75 P/E if the $1.35 EPS becomes a reality. After $1.71 actual earnings per share reported by Darden Restaurants, Inc. for the previous quarter, Wall Street now forecasts -21.05% negative EPS growth.

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

Acropolis Investment Management Llc increased Ishares Tr (ICF) stake by 3,642 shares to 13,879 valued at $1.41M in 2017Q4. It also upped Marathon Pete Corp (NYSE:MPC) stake by 14,833 shares and now owns 29,120 shares. Ishares Tr (SCZ) was raised too.

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 17 have Buy rating, 0 Sell and 10 Hold. Therefore 63% are positive. Darden Restaurants has $116.0 highest and $50 lowest target. $95.96’s average target is 12.81% above currents $85.06 stock price. Darden Restaurants had 111 analyst reports since August 25, 2015 according to SRatingsIntel. Stephens upgraded the shares of DRI in report on Monday, March 26 to “Overweight” rating. The rating was maintained by Jefferies with “Hold” on Tuesday, December 19. The stock has “Strong-Buy” rating by Zacks on Tuesday, August 25. Argus Research upgraded the stock to “Buy” rating in Thursday, January 5 report. The rating was maintained by Bernstein with “Hold” on Wednesday, December 20. Maxim Group maintained Darden Restaurants, Inc. (NYSE:DRI) on Wednesday, November 11 with “Buy” rating. The firm earned “Hold” rating on Tuesday, December 19 by Wells Fargo. Citigroup maintained it with “Buy” rating and $90 target in Monday, October 2 report. Deutsche Bank maintained Darden Restaurants, Inc. (NYSE:DRI) on Friday, March 23 with “Hold” rating. Wells Fargo maintained Darden Restaurants, Inc. (NYSE:DRI) rating on Wednesday, September 27. Wells Fargo has “Market Perform” rating and $84 target.

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The company has market cap of $3.76 billion. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. It has a 28.12 P/E ratio. The Company’s portfolio also includes mid-scale hotels.

More recent Sunstone Hotel Investors, Inc. (NYSE:SHO) news were published by: Seekingalpha.com which released: “Sunstone Hotel Investors’ (SHO) CEO John Arabia on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. Also Globenewswire.com published the news titled: “Consolidated Research: 2018 Summary Expectations for Sunstone Hotel Investors, Plains All American Pipeline …” on May 11, 2018. Bizjournals.com‘s news article titled: “Hedge fund increases stake in LaSalle Hotel Properties, urges Bethesda REIT to explore sale” with publication date: May 14, 2018 was also an interesting one.

The stock increased 1.90% or $0.31 during the last trading session, reaching $16.65. About 2.08 million shares traded. Sunstone Hotel Investors, Inc. (NYSE:SHO) has declined 0.75% since May 20, 2017 and is downtrending. It has underperformed by 12.30% the S&P500.

Sunstone Hotel Investors, Inc. (NYSE:SHO) Institutional Positions Chart

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