Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) VP Thomas G. Dritsas purchased 1,500 shares of the stock in a transaction on Friday, October 20th. The stock was acquired at an average cost of $12.80 per share, for a total transaction of $19,200.00. Following the acquisition, the vice president now owns 12,348 shares in the company, valued at $158,054.40. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) traded up 1.20% during trading on Monday, hitting $12.60. The company had a trading volume of 304,781 shares. The firm’s 50 day moving average is $14.01 and its 200-day moving average is $15.62. Del Frisco’s Restaurant Group, Inc. has a 52 week low of $11.70 and a 52 week high of $18.80. The stock has a market capitalization of $267.36 million, a P/E ratio of 26.20 and a beta of 0.78.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last posted its earnings results on Friday, October 13th. The restaurant operator reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $73.30 million during the quarter, compared to analysts’ expectations of $73.58 million. Del Frisco’s Restaurant Group had a return on equity of 6.94% and a net margin of 3.00%. Del Frisco’s Restaurant Group’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 earnings per share. Equities research analysts anticipate that Del Frisco’s Restaurant Group, Inc. will post $0.73 EPS for the current fiscal year.

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DFRG has been the topic of several recent analyst reports. Canaccord Genuity reaffirmed a “hold” rating and issued a $16.00 price target on shares of Del Frisco’s Restaurant Group in a report on Sunday, October 1st. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Del Frisco’s Restaurant Group in a report on Monday, July 24th. Zacks Investment Research cut Del Frisco’s Restaurant Group from a “hold” rating to a “sell” rating in a report on Friday, October 13th. BidaskClub cut Del Frisco’s Restaurant Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 25th. Finally, Credit Suisse Group decreased their price objective on Del Frisco’s Restaurant Group from $16.50 to $14.50 and set an “outperform” rating on the stock in a report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $16.00.

Several large investors have recently bought and sold shares of the stock. FMR LLC lifted its position in shares of Del Frisco’s Restaurant Group by 2.0% in the first quarter. FMR LLC now owns 2,338,515 shares of the restaurant operator’s stock worth $42,210,000 after buying an additional 46,065 shares in the last quarter. Macquarie Group Ltd. lifted its position in shares of Del Frisco’s Restaurant Group by 21.8% in the second quarter. Macquarie Group Ltd. now owns 1,666,193 shares of the restaurant operator’s stock worth $26,826,000 after buying an additional 298,294 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Del Frisco’s Restaurant Group by 13.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,585,776 shares of the restaurant operator’s stock worth $25,531,000 after buying an additional 190,194 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Del Frisco’s Restaurant Group by 17.1% in the first quarter. Wellington Management Group LLP now owns 1,068,102 shares of the restaurant operator’s stock worth $19,279,000 after buying an additional 155,999 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Del Frisco’s Restaurant Group by 4.4% in the second quarter. Vanguard Group Inc. now owns 999,420 shares of the restaurant operator’s stock worth $16,091,000 after buying an additional 41,946 shares in the last quarter. Institutional investors own 99.22% of the company’s stock.

About Del Frisco’s Restaurant Group

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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