Is Selling Del Frisco's Restaurant Group, Inc. (DFRG) Here a Winning Strategy?

Investors sentiment decreased to 1 in Q4 2018. Its down 0.70, from 1.7 in 2018Q3. It worsened, as 27 investors sold Del Frisco's Restaurant Group, Inc. shares while 23 reduced holdings. 14 funds opened positions while 36 raised stakes. 31.46 million shares or 4.73% more from 30.04 million shares in 2018Q3 were reported.
Fmr Limited Company stated it has 0% of its portfolio in Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG). Blackrock reported 2.29 million shares stake. Metropolitan Life Ins New York reported 9,212 shares. Royal Bancorp Of Canada owns 964,286 shares for 0% of their portfolio. 267,249 are owned by Wells Fargo Mn. Franklin Resources Inc invested 0% in Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG). Polar Asset Mngmt Prtnrs holds 0.19% or 1.36M shares in its portfolio. Citadel Advsrs Limited Liability Corp holds 43,199 shares or 0% of its portfolio. Nomura reported 328,000 shares. Millennium Mgmt Llc holds 0% of its portfolio in Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) for 112,192 shares. Harvest Capital Strategies Ltd Co stated it has 200,000 shares. Moreover, Parallax Volatility Advisers Lp has 0% invested in Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG). Legal General Gru Public Limited Company holds 0% of its portfolio in Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) for 4,974 shares. Barclays Public Ltd Llc has invested 0% of its portfolio in Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG). Lsv Asset Mgmt accumulated 698,911 shares.

Since November 15, 2018, it had 15 insider buys, and 0 sales for $15.60 million activity.

The stock of Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) reached all time low today, May, 8 and still has $5.76 target or 3.00 % below today’s $5.94 share price. This indicates more downside for the $198.49 million company. This technical setup was reported by Barchart.com. If the $5.76 PT is reached, the company will be worth $5.95 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 3.26% or $0.2 during the last trading session, reaching $5.94. About 681,046 shares traded or 7.00% up from the average. Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) has declined 51.29% since May 8, 2018 and is downtrending. It has underperformed by 55.66% the S&P500.

Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) Ratings Coverage

Among 3 analysts covering Del Frisco’s Restaurant (NASDAQ:DFRG), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Del Frisco’s Restaurant has $9 highest and $8.5 lowest target. $8.75’s average target is 47.31% above currents $5.94 stock price. Del Frisco’s Restaurant had 3 analyst reports since February 15, 2019 according to SRatingsIntel. The rating was initiated by J.P. Morgan with “Hold” on Friday, February 15. On Monday, March 11 the stock rating was maintained by Stephens with “Hold”.

More notable recent Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) news were published by: Seekingalpha.com which released: “Finally, An Activist Tries To Stop Horrid Capital Allocation At Del Frisco’s Restaurant Group – Seeking Alpha” on December 14, 2018, also Seekingalpha.com with their article: “Del Frisco Is Down ~46% Since My Bearish Article – What Now? – Seeking Alpha” published on November 21, 2018, Bizjournals.com published: “​CBJ Morning Buzz: Wine bar nears opening in South End; Controversial Matthews project up for vote; Brawl among American Airlines employees sparks lawsuit – Charlotte Business Journal” on November 12, 2018. More interesting news about Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) were released by: Seekingalpha.com and their article: “Del Frisco’s Restaurant’s (DFRG) CEO Norman Abdallah on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 07, 2018 as well as Globenewswire.com‘s news article titled: “Del Frisco’s Restaurant Group to Support Hurricane Harvey Relief Efforts – GlobeNewswire” with publication date: August 30, 2017.

Del Frisco's Restaurant Group, Inc. develops, owns, and operates restaurants in the United States. The company has market cap of $198.49 million. It owns and operates restaurants under the Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille brand names. It currently has negative earnings. The firm offers steaks, as well as other menu selections, such as chops and fresh seafood.

Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) Institutional Positions Chart

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