Grantham Mayo Van Otterloo & Co Has Raised Its Netease (NTES) Stake by $13.83 Million; Share Value Declined; Hs Management Partners Upped Its Stake in Darden Restaurants (DRI) as Share Price Declined

June 20, 2018 - By Peter Erickson

Darden Restaurants, Inc. (NYSE:DRI) Logo

Hs Management Partners Llc increased its stake in Darden Restaurants Inc (DRI) by 7.34% based on its latest 2018Q1 regulatory filing with the SEC. Hs Management Partners Llc bought 129,950 shares as the company’s stock declined 8.76% with the market. The institutional investor held 1.90 million shares of the consumer services company at the end of 2018Q1, valued at $161.92M, up from 1.77M at the end of the previous reported quarter. Hs Management Partners Llc who had been investing in Darden Restaurants Inc for a number of months, seems to be bullish on the $11.71 billion market cap company. The stock increased 0.31% or $0.29 during the last trading session, reaching $94.61. About 1.79 million shares traded or 13.68% up from the average. Darden Restaurants, Inc. (NYSE:DRI) has declined 0.25% since June 20, 2017 and is downtrending. It has underperformed by 12.82% the S&P500. Some Historical DRI News: 22/03/2018 – DARDEN REPORTS FISCAL 2018 3Q RESULTS & BOOSTS FINL OUTLOOK FOR; 20/03/2018 – Darden Restaurants Inc expected to post earnings of $1.64 a share – summary; 22/03/2018 – DARDEN RESTAURANTS INC – INCREASED ITS FINANCIAL OUTLOOK FOR FISCAL 2018; 22/03/2018 – DARDEN RESTAURANTS INC – QTRLY OLIVE GARDEN SALES $ 1,073.2 MLN VERSUS $1,035.1 MLN; 22/03/2018 – DARDEN RESTAURANTS INC – SEES 2018 ADJUSTED DILUTED NET EARNINGS PER SHARE FROM CONTINUING OPERATIONS $4.75 TO $4.80; 22/03/2018 – Darden Restaurants 3Q Adj EPS $1.71; 09/03/2018 – Oil Dri 2Q Loss 15c/Diluted Shr; 22/03/2018 – DARDEN RESTAURANTS INC – QTRLY OLIVE GARDEN SAME-RESTAURANT SALES ROSE 2.2 PCT; 22/03/2018 – Darden Restaurants Back FY18 Sales Growth View of 13%; 22/03/2018 – DARDEN SEES FY EFFECTIVE TAX RATE 16%-16.5%

Grantham Mayo Van Otterloo & Co Llc increased its stake in Netease Inc (NTES) by 66.85% based on its latest 2018Q1 regulatory filing with the SEC. Grantham Mayo Van Otterloo & Co Llc bought 49,400 shares as the company’s stock declined 25.93% with the market. The institutional investor held 123,300 shares of the miscellaneous company at the end of 2018Q1, valued at $34.57 million, up from 73,900 at the end of the previous reported quarter. Grantham Mayo Van Otterloo & Co Llc who had been investing in Netease Inc for a number of months, seems to be bullish on the $32.73 billion market cap company. The stock decreased 1.26% or $3.17 during the last trading session, reaching $249.19. About 1.06 million shares traded. NetEase, Inc. (NASDAQ:NTES) has declined 22.10% since June 20, 2017 and is downtrending. It has underperformed by 34.67% the S&P500. Some Historical NTES News: 11/05/2018 – HSBC Adds Santander Brasil, Exits Sensata, Cuts Netease: 13F; 16/05/2018 – Netease 1Q EPS 91c; 16/05/2018 – Netease 1Q Net $119.9M; 15/03/2018 – Anna Nicolaou: scoop: the top indie record labels are going to stream in china. Merlin struck a deal with 5 services, owned by; 22/05/2018 – Franklin Dynatech Adds DocuSign Inc., Exits Netease; 22/05/2018 – NetEase Unveils Games Pipeline at Fourth Annual Game Enthusiasts’ Day; 08/03/2018 – MMORPG Crusaders of Light Launches on Steam with New Server and Major Content Update; 13/03/2018 – NETEASE CLOUD MUSIC – ALIMUSIC TO SUBLICENSE PREMIER MUSIC COPYRIGHTS OWNED BY ROCK RECORDS CO., SM ENTERTAINMENT, BMG, OTHERS TO CO; 15/05/2018 – Chinese cross-border e-commerce operator NetEase Kaola facilitates sales of made in Japan products in China; 16/05/2018 – Netease 1Q Rev $2.26B

More recent Darden Restaurants, Inc. (NYSE:DRI) news were published by: Streetinsider.com which released: “SunTrust Robinson Humphrey Upgrades Darden Restaurants (DRI) to Buy” on June 07, 2018. Also Benzinga.com published the news titled: “The Week Ahead: Pharma IPOs Galore, Blackberry Earnings And More” on June 18, 2018. Benzinga.com‘s news article titled: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 1)” with publication date: June 19, 2018 was also an interesting one.

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 18 have Buy rating, 0 Sell and 9 Hold. Therefore 67% are positive. Darden Restaurants had 112 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Wednesday, September 27 with “Equal-Weight”. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, April 6 report. Stifel Nicolaus maintained it with “Buy” rating and $100 target in Friday, March 23 report. Bank of America maintained Darden Restaurants, Inc. (NYSE:DRI) rating on Monday, June 26. Bank of America has “Buy” rating and $8000 target. The firm earned “Hold” rating on Monday, November 28 by Maxim Group. The firm has “Buy” rating by Mizuho given on Thursday, March 15. The firm earned “Hold” rating on Tuesday, December 19 by Jefferies. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, June 27. As per Thursday, September 21, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating by Maxim Group given on Friday, March 24.

Investors sentiment is 0.88 in 2018 Q1. Its the same as in 2017Q4. It is flat, as 53 investors sold DRI shares while 190 reduced holdings. only 75 funds opened positions while 138 raised stakes. 104.89 million shares or 1.80% more from 103.03 million shares in 2017Q4 were reported. Earnest Prns accumulated 618,177 shares. Swiss Comml Bank reported 653,341 shares. Macquarie Group Limited, a Australia-based fund reported 51,283 shares. Massachusetts-based Middleton Co Incorporated Ma has invested 0.05% in Darden Restaurants, Inc. (NYSE:DRI). Synovus Finance holds 0.18% in Darden Restaurants, Inc. (NYSE:DRI) or 123,108 shares. Nordea Investment Ab owns 66,032 shares. Ny State Teachers Retirement Systems invested in 213,564 shares or 0.04% of the stock. Renaissance Group Inc Ltd owns 389,948 shares for 1.13% of their portfolio. Tarbox Family Office reported 22 shares. Lee Danner And Bass holds 0.06% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 6,440 shares. Canandaigua Savings Bank & Tru Communications has 19,356 shares. Bluecrest Cap accumulated 39,311 shares. 31,919 are owned by Texas Permanent School Fund. Royal Bancshares Of Canada holds 0% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 122,755 shares. Assetmark owns 4,618 shares or 0% of their US portfolio.

Since January 10, 2018, it had 0 buys, and 3 selling transactions for $7.25 million activity. LEE EUGENE I JR sold $5.79 million worth of stock or 59,783 shares. On Wednesday, January 10 Cardenas Ricardo sold $1.05M worth of Darden Restaurants, Inc. (NYSE:DRI) or 10,783 shares.

Among 20 analysts covering NetEase (NASDAQ:NTES), 13 have Buy rating, 4 Sell and 3 Hold. Therefore 65% are positive. NetEase had 48 analyst reports since August 12, 2015 according to SRatingsIntel. Bernstein maintained the shares of NTES in report on Tuesday, February 27 with “Sell” rating. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, November 10. Standpoint Research downgraded the shares of NTES in report on Friday, October 16 to “Hold” rating. The firm has “Buy” rating given on Wednesday, January 4 by CLSA. The stock has “Buy” rating by Goldman Sachs on Wednesday, November 25. The firm has “Buy” rating by Standpoint Research given on Monday, January 9. Jefferies maintained NetEase, Inc. (NASDAQ:NTES) on Friday, June 16 with “Buy” rating. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Outperform” rating by Macquarie Research on Wednesday, September 28. The stock has “Hold” rating by Zacks on Tuesday, August 25. The stock has “Hold” rating by Barclays Capital on Tuesday, November 21.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Positions Chart

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