Harber Asset Management buys $8,916,334 stake in Del Frisco's Restaurant Group Inc (DFRG)

Del Frisco's Restaurant Group Inc (DFRG) : Harber Asset Management scooped up 47,164 additional shares in Del Frisco's Restaurant Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 577,109 shares of Del Frisco's Restaurant Group Inc which is valued at $8,916,334.Del Frisco's Restaurant Group Inc makes up approximately 4.48% of Harber Asset Management’s portfolio.

Other Hedge Funds, Including , Wellington Management Group Llp reduced its stake in DFRG by selling 395,926 shares or 18.31% in the most recent quarter. The Hedge Fund company now holds 1,766,809 shares of DFRG which is valued at $27,297,199. Del Frisco's Restaurant Group Inc makes up approx 0.01% of Wellington Management Group Llp’s portfolio.Group One Trading boosted its stake in DFRG in the latest quarter, The investment management firm added 3,200 additional shares and now holds a total of 4,200 shares of Del Frisco's Restaurant Group Inc which is valued at $64,890. Del Frisco's Restaurant Group Inc makes up approx 0.01% of Group One Trading’s portfolio.Blackrock Investment Management boosted its stake in DFRG in the latest quarter, The investment management firm added 6,187 additional shares and now holds a total of 101,459 shares of Del Frisco's Restaurant Group Inc which is valued at $1,567,542.Stanley-laman Group Ltd. reduced its stake in DFRG by selling 6,526 shares or 32.38% in the most recent quarter. The Hedge Fund company now holds 13,631 shares of DFRG which is valued at $205,828. Del Frisco's Restaurant Group Inc makes up approx 0.08% of Stanley-laman Group Ltd.’s portfolio. Monarch Partners Asset Management sold out all of its stake in DFRG during the most recent quarter. The investment firm sold 11,370 shares of DFRG which is valued $171,460.

Del Frisco's Restaurant Group Inc closed down -0.05 points or -0.33% at $15 with 3,12,611 shares getting traded on Thursday. Post opening the session at $15.02, the shares hit an intraday low of $14.8 and an intraday high of $15.48 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Del Frisco's Restaurant Group Inc reported $0.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.18. The company had revenue of $79.90 million for the quarter, compared to analysts expectations of $80.59 million. The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.

Many Wall Street Analysts have commented on Del Frisco's Restaurant Group Inc. Del Frisco's Restaurant Group Inc was Downgraded by Stifel to ” Hold” on Jul 26, 2016.

Del Frisco’s Restaurant Group Inc. is a holding company. The Company 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 or the Grille. The Company’s segments include Del Frisco’s Sullivan’s and Grille. It operates approximately 46 restaurants in over 20 states and the District of Columbia. Each of its three restaurant concepts offers steaks as well as other menu selections such as chops and fresh seafood. Its Del Frisco’s menu includes USDA Prime grade wet-aged steaks hand-cut at the time of order and a range of other offerings including prime lamb fresh seafood and signature side dishes and desserts. Its Sullivan’s brand offers open kitchen live music and a bar area for social gathering and entertainment. Its Del Frisco’s Grille’s menu offers a range of Del Frisco’s prime aged steaks other menu items and a selection of wines.

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