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Hamlin Capital Management LLC Sells 14,665 Shares of Darden Restaurants, Inc. $DRI
Hamlin Capital Management LLC reduced its stake in Darden Restaurants, Inc. (NYSE:DRI) by 1.6% in the third quarter, selling 14,665 shares and retaining ownership of 903,722 shares valued at approximately $172.0 million. Darden Restaurants remains the fund’s 11th-largest position. Analysts currently rate Darden as a “Moderate Buy” with an average price target of $224.33, while institutional investors collectively own 93.64% of the company’s stock.