As Darden Restaurants (DRI) Stock Price Declined, Dupont Capital Management Has Raised by $1.85 Million Its Holding; As Omnicom Group (OMC) Market Valuation Declined, Holder Davis R M Decreased Its Holding by $772,560

April 20, 2018 - By Dolores Ford

Darden Restaurants, Inc. (NYSE:DRI) Logo

Davis R M Inc decreased its stake in Omnicom Group Inc (OMC) by 13.78% based on its latest 2017Q4 regulatory filing with the SEC. Davis R M Inc sold 10,730 shares as the company’s stock declined 1.21% with the market. The institutional investor held 67,155 shares of the advertising company at the end of 2017Q4, valued at $4.89M, down from 77,885 at the end of the previous reported quarter. Davis R M Inc who had been investing in Omnicom Group Inc for a number of months, seems to be less bullish one the $16.88 billion market cap company. The stock decreased 1.01% or $0.76 during the last trading session, reaching $74.27. About 448,678 shares traded. Omnicom Group Inc. (NYSE:OMC) has declined 13.63% since April 20, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Dupont Capital Management Corp increased its stake in Darden Restaurants Inc (DRI) by 1389.31% based on its latest 2017Q4 regulatory filing with the SEC. Dupont Capital Management Corp bought 19,228 shares as the company’s stock declined 12.63% with the market. The institutional investor held 20,612 shares of the consumer services company at the end of 2017Q4, valued at $1.98 million, up from 1,384 at the end of the previous reported quarter. Dupont Capital Management Corp who had been investing in Darden Restaurants Inc for a number of months, seems to be bullish on the $11.26 billion market cap company. The stock increased 1.36% or $1.22 during the last trading session, reaching $90.98. About 339,359 shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 11.43% since April 20, 2017 and is uptrending. It has underperformed by 0.12% the S&P500.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.08, from 0.96 in 2017Q3. It worsened, 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. 206,173 are owned by Ny State Teachers Retirement Systems. Northwestern Mutual Wealth has 3,718 shares. 2,646 are held by Asset Management Grp Incorporated. Vident Advisory has invested 0.03% in Darden Restaurants, Inc. (NYSE:DRI). Dixon Hubard Feinour Brown Va owns 3,018 shares or 0.08% of their US portfolio. Calamos Advsrs Limited Com reported 0.02% stake. Putnam Fl Investment reported 29,345 shares. Hm Payson Co holds 0.05% or 13,769 shares. Advantus Capital Mgmt reported 12,509 shares. Vnbtrust Natl Association has invested 0.23% in Darden Restaurants, Inc. (NYSE:DRI). Nomura Asset Mngmt Ltd reported 23,806 shares or 0.03% of all its holdings. Oppenheimer And holds 0.02% or 8,831 shares in its portfolio. Palouse Capital Mgmt owns 0.3% invested in Darden Restaurants, Inc. (NYSE:DRI) for 9,139 shares. Employees Retirement Association Of Colorado reported 24,797 shares. Hudson Valley Advsr Adv accumulated 3,610 shares.

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 16 have Buy rating, 0 Sell and 11 Hold. Therefore 59% are positive. Darden Restaurants had 109 analyst reports since August 25, 2015 according to SRatingsIntel. The company was maintained on Wednesday, March 29 by Canaccord Genuity. The firm earned “Sector Perform” rating on Monday, December 21 by RBC Capital Markets. SunTrust initiated Darden Restaurants, Inc. (NYSE:DRI) on Thursday, October 8 with “Neutral” rating. The stock has “Hold” rating by Deutsche Bank on Friday, December 16. The stock has “Buy” rating by Oppenheimer on Thursday, December 14. The firm has “Market Perform” rating by Bernstein given on Thursday, May 26. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Buy” rating given on Thursday, December 21 by Argus Research. Robert W. Baird upgraded the stock to “Outperform” rating in Wednesday, September 27 report. The stock has “Hold” rating by SunTrust on Tuesday, January 2. The rating was downgraded by Raymond James on Friday, January 29 to “Underperform”.

Since January 10, 2018, it had 0 buys, and 3 selling transactions for $7.25 million activity. 10,783 shares were sold by Cardenas Ricardo, worth $1.05 million on Wednesday, January 10. Milanes Douglas J. also sold $417,315 worth of Darden Restaurants, Inc. (NYSE:DRI) on Wednesday, January 10.

Dupont Capital Management Corp, which manages about $36.48 billion and $4.37B US Long portfolio, decreased its stake in Ppg Industries Inc (NYSE:PPG) by 18,001 shares to 117,839 shares, valued at $13.77 million in 2017Q4, according to the filing. It also reduced its holding in Enterprise Financial Service (NASDAQ:EFSC) by 18,162 shares in the quarter, leaving it with 7,310 shares, and cut its stake in State Street Corp (NYSE:STT).

Among 16 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Omnicom had 49 analyst reports since July 23, 2015 according to SRatingsIntel. Pivotal Research maintained Omnicom Group Inc. (NYSE:OMC) rating on Monday, October 17. Pivotal Research has “Hold” rating and $86 target. The stock has “Hold” rating by Jefferies on Monday, August 14. Wells Fargo downgraded the shares of OMC in report on Thursday, April 14 to “Market Perform” rating. The firm has “Hold” rating by Pivotal Research given on Friday, October 16. The stock has “Hold” rating by BMO Capital Markets on Wednesday, November 22. BMO Capital Markets maintained the shares of OMC in report on Monday, October 16 with “Hold” rating. The firm earned “Neutral” rating on Wednesday, September 6 by Citigroup. Macquarie Research downgraded the shares of OMC in report on Tuesday, January 2 to “Underperform” rating. Credit Suisse maintained it with “Neutral” rating and $80 target in Wednesday, October 18 report. RBC Capital Markets maintained it with “Buy” rating and $101 target in Wednesday, April 12 report.

Davis R M Inc, which manages about $2.84B and $2.55B US Long portfolio, upped its stake in Guggenheim Bulletshares 2020 C (BSCK) by 55,597 shares to 71,573 shares, valued at $1.52M in 2017Q4, according to the filing. It also increased its holding in Us Bancorp (NYSE:USB) by 11,139 shares in the quarter, for a total of 851,687 shares, and has risen its stake in Carnival Corp (NYSE:CCL).

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart

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