Dimensional Fund Advisors LP Has $25.39 Million Position in Del Frisco's Restaurant Group Inc (DFRG)

Dimensional Fund Advisors LP raised its holdings in shares of Del Frisco's Restaurant Group Inc (NASDAQ:DFRG) by 10.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,744,814 shares of the restaurant operator’s stock after purchasing an additional 159,038 shares during the period. Dimensional Fund Advisors LP owned 8.22% of Del Frisco's Restaurant Group worth $25,387,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Rhumbline Advisers raised its position in shares of Del Frisco's Restaurant Group by 1.9% in the 2nd quarter. Rhumbline Advisers now owns 26,097 shares of the restaurant operator’s stock valued at $420,000 after acquiring an additional 485 shares during the period. Voya Investment Management LLC raised its position in shares of Del Frisco's Restaurant Group by 12.7% in the 2nd quarter. Voya Investment Management LLC now owns 14,576 shares of the restaurant operator’s stock valued at $235,000 after acquiring an additional 1,643 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Del Frisco's Restaurant Group by 5.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 79,916 shares of the restaurant operator’s stock valued at $1,163,000 after acquiring an additional 4,021 shares during the period. Bank of New York Mellon Corp raised its position in shares of Del Frisco's Restaurant Group by 6.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 165,249 shares of the restaurant operator’s stock valued at $2,405,000 after acquiring an additional 9,445 shares during the period. Finally, TIAA CREF Investment Management LLC raised its position in shares of Del Frisco's Restaurant Group by 9.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 107,629 shares of the restaurant operator’s stock valued at $1,733,000 after acquiring an additional 9,447 shares during the period. Institutional investors own 97.31% of the company’s stock.

A number of analysts recently weighed in on the stock. Stephens upgraded shares of Del Frisco's Restaurant Group from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $15.10 to $18.00 in a research report on Wednesday, January 10th. Zacks Investment Research upgraded shares of Del Frisco's Restaurant Group from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Friday, January 12th. Credit Suisse Group dropped their target price on shares of 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. Raymond James Financial set a $16.00 target price on shares of Del Frisco's Restaurant Group and gave the stock a “hold” rating in a report on Monday, October 16th. Finally, BidaskClub upgraded shares of Del Frisco's Restaurant Group from a “hold” rating to a “buy” rating in a report on Tuesday, January 23rd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Del Frisco's Restaurant Group currently has an average rating of “Buy” and a consensus price target of $17.00.

Shares of Del Frisco's Restaurant Group Inc (DFRG) traded down $0.20 on Friday, hitting $17.15. 276,793 shares of the stock traded hands, compared to its average volume of 284,502. The company has a market cap of $363.91, a PE ratio of 37.28, a P/E/G ratio of 1.91 and a beta of 0.92. Del Frisco's Restaurant Group Inc has a one year low of $11.70 and a one year high of $18.80. The company has a quick ratio of 0.33, a current ratio of 0.76 and a debt-to-equity ratio of 0.19.

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Del Frisco's Restaurant Group Profile

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.

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

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