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Capital Investment Counsel LLC Invests $4.99 Million in Darden Restaurants, Inc. $DRI
Capital Investment Counsel LLC has initiated a new position in Darden Restaurants (NYSE:DRI) worth approximately $4.99 million. This move is part of a broader trend of significant institutional ownership, with about 93.64% of Darden Restaurants’ stock held by institutions. The company recently beat quarterly EPS estimates and pays a substantial quarterly dividend, while analysts maintain a “Moderate Buy” rating with an average target price of $226.24.