Nykredit A S Makes New Investment in Darden Restaurants, Inc. $DRI

Nykredit A S recently acquired a new stake of 48,432 shares in Darden Restaurants, Inc. (NYSE:DRI) worth approximately $9.98 million during the second quarter. Darden Restaurants exceeded earnings expectations with $3.66 per share and saw revenue grow 13.7% year over year to $3.72 billion, while also increasing its quarterly dividend to $1.62 per share. Analysts maintain a "Moderate Buy" rating for DRI with a consensus price target of $230.50, despite some insider selling activity.