Del Taco Restaurants Inc (NASDAQ:TACO) SVP David Pear sold 9,260 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $12.25, for a total value of $113,435.00. Following the completion of the sale, the senior vice president now owns 115,412 shares of the company’s stock, valued at approximately $1,413,797. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Del Taco Restaurants Inc (NASDAQ:TACO) traded up $0.15 on Friday, hitting $12.09. The stock had a trading volume of 355,709 shares, compared to its average volume of 254,103. The stock has a market cap of $461.81, a PE ratio of 21.71, a PEG ratio of 1.33 and a beta of -0.29. The company has a current ratio of 0.29, a quick ratio of 0.24 and a debt-to-equity ratio of 0.42. Del Taco Restaurants Inc has a 52 week low of $11.58 and a 52 week high of $15.99.

Del Taco Restaurants (NASDAQ:TACO) last released its earnings results on Thursday, October 19th. The restaurant operator reported $0.13 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.13. The company had revenue of $110.99 million during the quarter, compared to analysts’ expectations of $110.46 million. Del Taco Restaurants had a return on equity of 5.89% and a net margin of 4.78%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 EPS. sell-side analysts predict that Del Taco Restaurants Inc will post 0.54 EPS for the current fiscal year.

Several equities research analysts have weighed in on TACO shares. Zacks Investment Research cut Del Taco Restaurants from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Wedbush reiterated a “buy” rating and issued a $17.00 price objective on shares of Del Taco Restaurants in a report on Wednesday, September 13th. Finally, BTIG Research reiterated a “buy” rating and issued a $19.00 price objective on shares of Del Taco Restaurants in a report on Monday, September 25th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $16.67.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TACO. Vanguard Group Inc. lifted its stake in shares of Del Taco Restaurants by 7.1% in the 1st quarter. Vanguard Group Inc. now owns 1,233,306 shares of the restaurant operator’s stock valued at $16,354,000 after purchasing an additional 81,525 shares during the period. Geode Capital Management LLC lifted its stake in shares of Del Taco Restaurants by 2.5% in the 1st quarter. Geode Capital Management LLC now owns 276,260 shares of the restaurant operator’s stock valued at $3,663,000 after purchasing an additional 6,730 shares during the period. Bank of America Corp DE lifted its stake in shares of Del Taco Restaurants by 45.5% in the 1st quarter. Bank of America Corp DE now owns 26,256 shares of the restaurant operator’s stock valued at $348,000 after purchasing an additional 8,207 shares during the period. Bank of Montreal Can lifted its stake in shares of Del Taco Restaurants by 5,995.7% in the 2nd quarter. Bank of Montreal Can now owns 9,814 shares of the restaurant operator’s stock valued at $135,000 after purchasing an additional 9,653 shares during the period. Finally, Municipal Employees Retirement System of Michigan purchased a new position in shares of Del Taco Restaurants in the 2nd quarter valued at approximately $338,000. Institutional investors own 81.39% of the company’s stock.

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About Del Taco Restaurants

Del Taco Restaurants, Inc is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. As of January 3, 2017, the Company operated 551 Del Taco restaurants. The Company’s menu offers a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes.

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