Renaissance Technologies LLC raised its position in shares of Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) by 26.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,300 shares of the restaurant operator’s stock after buying an additional 9,175 shares during the period. Renaissance Technologies LLC owned about 0.20% of Del Frisco’s Restaurant Group worth $800,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of Del Frisco’s Restaurant Group by 15.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,395,582 shares of the restaurant operator’s stock worth $25,190,000 after buying an additional 190,478 shares in the last quarter. Geode Capital Management LLC increased its stake in Del Frisco’s Restaurant Group by 11.9% in the first quarter. Geode Capital Management LLC now owns 197,271 shares of the restaurant operator’s stock worth $3,560,000 after buying an additional 20,973 shares during the last quarter. Vanguard Group Inc. increased its stake in Del Frisco’s Restaurant Group by 6.1% in the first quarter. Vanguard Group Inc. now owns 957,474 shares of the restaurant operator’s stock worth $17,282,000 after buying an additional 54,626 shares during the last quarter. Menta Capital LLC increased its stake in Del Frisco’s Restaurant Group by 22.4% in the first quarter. Menta Capital LLC now owns 30,573 shares of the restaurant operator’s stock worth $552,000 after buying an additional 5,600 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new stake in Del Frisco’s Restaurant Group during the first quarter worth about $1,325,000. 99.22% of the stock is currently owned by institutional investors.

Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) remained flat at $13.90 during midday trading on Tuesday. 18,533 shares of the company traded hands. The company’s 50 day moving average price is $14.62 and its 200-day moving average price is $16.51. Del Frisco’s Restaurant Group, Inc. has a 52 week low of $13.01 and a 52 week high of $18.80. The firm has a market capitalization of $293.67 million, a PE ratio of 23.88 and a beta of 0.80.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings results on Friday, July 21st. The restaurant operator reported $0.15 EPS for the quarter, missing the consensus estimate of $0.17 by $0.02. Del Frisco’s Restaurant Group had a return on equity of 7.39% and a net margin of 3.73%. The business had revenue of $82.30 million for the quarter, compared to analyst estimates of $81.92 million. During the same quarter in the prior year, the firm earned $0.19 EPS. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts forecast that Del Frisco’s Restaurant Group, Inc. will post $0.76 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on the stock. BidaskClub downgraded shares of Del Frisco’s Restaurant Group from a “sell” rating to a “strong sell” rating in a research report on Friday. Raymond James Financial, Inc. reiterated an “outperform” rating and set a $20.00 price target on shares of Del Frisco’s Restaurant Group in a research report on Monday, July 24th. TheStreet downgraded shares of Del Frisco’s Restaurant Group from a “b” rating to a “c+” rating in a research report on Wednesday, June 7th. Finally, Zacks Investment Research downgraded shares of Del Frisco’s Restaurant Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $18.75.

In other Del Frisco’s Restaurant Group news, Director Ian Russell Carter purchased 12,200 shares of the stock in a transaction dated Tuesday, July 25th. The stock was bought at an average price of $14.00 per share, for a total transaction of $170,800.00. Following the transaction, the director now directly owns 38,339 shares in the company, valued at $536,746. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Norman J. Abdallah purchased 15,000 shares of the stock in a transaction dated Tuesday, July 25th. The shares were acquired at an average price of $14.11 per share, with a total value of $211,650.00. Following the transaction, the chief executive officer now owns 52,712 shares in the company, valued at $743,766.32. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 57,394 shares of company stock valued at $809,299. 2.70% of the stock is owned by corporate insiders.

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.

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Institutional Ownership by Quarter for Del Frisco`s Restaurant Group (NASDAQ:DFRG)

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