$0.46 EPS Expected for Sierra Bancorp (BSRR); Cornerstone Capital Management Holdings Has Upped Darden Restaurants (DRI) Position By $2.55 Million

Darden Restaurants, Inc. (NYSE:DRI) Logo

Analysts expect Sierra Bancorp (NASDAQ:BSRR) to report $0.46 EPS on April, 23.They anticipate $0.14 EPS change or 43.75% from last quarter’s $0.32 EPS. BSRR’s profit would be $7.01M giving it 14.48 P/E if the $0.46 EPS is correct. After having $0.44 EPS previously, Sierra Bancorp’s analysts see 4.55% EPS growth. The stock decreased 1.15% or $0.31 during the last trading session, reaching $26.64. About 39,755 shares traded or 56.46% up from the average. Sierra Bancorp (NASDAQ:BSRR) has risen 1.94% since March 31, 2017 and is uptrending. It has underperformed by 9.61% the S&P500.

Cornerstone Capital Management Holdings Llc increased Darden Restaurants Inc (DRI) stake by 6.22% reported in 2017Q4 SEC filing. Cornerstone Capital Management Holdings Llc acquired 26,593 shares as Darden Restaurants Inc (DRI)’s stock declined 12.63%. The Cornerstone Capital Management Holdings Llc holds 454,320 shares with $43.62 million value, up from 427,727 last quarter. Darden Restaurants Inc now has $10.53 billion valuation. The stock increased 1.03% or $0.87 during the last trading session, reaching $85.25. About 1.32M shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 11.43% since March 31, 2017 and is uptrending. It has underperformed by 0.12% the S&P500.

Investors sentiment increased to 1.92 in 2017 Q4. Its up 0.21, from 1.71 in 2017Q3. It increased, as 4 investors sold Sierra Bancorp shares while 22 reduced holdings. 16 funds opened positions while 34 raised stakes. 7.79 million shares or 5.31% more from 7.40 million shares in 2017Q3 were reported. Foundry Ltd Liability Co accumulated 173,340 shares. Cornerstone Management Ltd Liability Co has invested 0% in Sierra Bancorp (NASDAQ:BSRR). Legal & General Public Limited has 0% invested in Sierra Bancorp (NASDAQ:BSRR). Schwab Charles Invest Mgmt owns 21,200 shares for 0% of their portfolio. Deutsche State Bank Ag accumulated 0% or 71,200 shares. 16,270 were accumulated by D E Shaw And Incorporated. First Quadrant Ltd Partnership Ca owns 0% invested in Sierra Bancorp (NASDAQ:BSRR) for 3,100 shares. Morgan Stanley stated it has 0% in Sierra Bancorp (NASDAQ:BSRR). American Gru reported 9,078 shares or 0% of all its holdings. Ameriprise invested in 0% or 137,883 shares. Metropolitan Life New York, New York-based fund reported 4,635 shares. Vanguard invested 0% of its portfolio in Sierra Bancorp (NASDAQ:BSRR). Wells Fargo And Mn invested 0% of its portfolio in Sierra Bancorp (NASDAQ:BSRR). Dimensional Fund Advsr Lp, Texas-based fund reported 965,526 shares. Bridgeway Cap Mngmt holds 0.04% or 138,200 shares in its portfolio.

Sierra Bancorp operates as the bank holding firm for Bank of the Sierra that provides a range of retail and commercial banking services to individuals and businesses in California. The company has market cap of $405.86 million. The firm accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, sweep accounts, demand deposit accounts, NOW accounts, certificates of deposit, and brokered deposits. It has a 19.59 P/E ratio. It also provides real estate loans secured by commercial, professional office, and agricultural properties; construction loans for residential and commercial development; permanent mortgage loans, land acquisition and development loans, and multifamily credit facilities; secondary market services for residential mortgage loans; agricultural production loans; commercial and industrial loans and leases, including SBA loans and direct finance leases; mortgage warehouse loans; and consumer loans.

Since October 30, 2017, it had 3 insider buys, and 1 insider sale for $5,705 activity. WOODS GORDON T had sold 2,000 shares worth $53,000. Christenson Vonn R had bought 230 shares worth $6,107. $13,430 worth of Sierra Bancorp (NASDAQ:BSRR) shares were bought by Dutto Laurence S. Another trade for 1,000 shares valued at $27,758 was made by EVANS ROBB on Monday, January 29.

Among 9 analysts covering Sierra Bancorp (NASDAQ:BSRR), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Sierra Bancorp had 20 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, January 23 by Sandler O’Neill. The rating was maintained by Hovde Group with “Hold” on Monday, February 5. Hovde Group downgraded it to “Market Perform” rating and $23.50 target in Monday, December 5 report. The stock of Sierra Bancorp (NASDAQ:BSRR) has “Hold” rating given on Tuesday, October 24 by DA Davidson. The stock of Sierra Bancorp (NASDAQ:BSRR) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The rating was upgraded by Raymond James on Thursday, January 7 to “Outperform”. As per Thursday, June 9, the company rating was initiated by DA Davidson. The stock has “Buy” rating by DA Davidson on Tuesday, May 23. Keefe Bruyette & Woods maintained Sierra Bancorp (NASDAQ:BSRR) on Wednesday, January 6 with “Market Perform” rating. The firm has “Buy” rating given on Tuesday, July 25 by Raymond James.

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 14 have Buy rating, 0 Sell and 13 Hold. Therefore 52% are positive. Darden Restaurants has $116.0 highest and $50 lowest target. $94.88’s average target is 11.30% above currents $85.25 stock price. Darden Restaurants had 107 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Buy” rating by Tigress Financial given on Friday, June 24. Jefferies maintained Darden Restaurants, Inc. (NYSE:DRI) on Monday, September 11 with “Hold” rating. The stock has “Hold” rating by Jefferies on Tuesday, December 19. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Buy” rating given on Friday, June 9 by Canaccord Genuity. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, June 27. The stock has “Buy” rating by Guggenheim on Tuesday, December 19. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 2. The company was maintained on Thursday, December 14 by Oppenheimer. Canaccord Genuity maintained Darden Restaurants, Inc. (NYSE:DRI) on Wednesday, September 27 with “Buy” rating. The stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Hold” rating by RBC Capital Markets on Friday, March 23.

Since January 10, 2018, it had 0 insider purchases, and 3 selling transactions for $7.25 million activity. 59,783 Darden Restaurants, Inc. (NYSE:DRI) shares with value of $5.79 million were sold by LEE EUGENE I JR. The insider Cardenas Ricardo sold 10,783 shares worth $1.05 million. Milanes Douglas J. had sold 4,300 shares worth $417,315.

Cornerstone Capital Management Holdings Llc decreased Arconic Inc stake by 79,192 shares to 79,635 valued at $2.17 million in 2017Q4. It also reduced Vonage Holdings Corp (NYSE:VG) stake by 46,000 shares and now owns 484,422 shares. Apple Inc (NASDAQ:AAPL) was reduced too.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.08, from 0.96 in 2017Q3. It is negative, as 46 investors sold DRI shares while 187 reduced holdings. 83 funds opened positions while 121 raised stakes. 103.03 million shares or 4.63% less from 108.03 million shares in 2017Q3 were reported. Livforsakringsbolaget Skandia Omsesidigt stated it has 0.36% in Darden Restaurants, Inc. (NYSE:DRI). First Financial Bank, a Alabama-based fund reported 12,788 shares. Acropolis Inv Management Ltd has invested 0.05% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). New York-based Citigroup Inc has invested 0.02% in Darden Restaurants, Inc. (NYSE:DRI). American Century Incorporated reported 0.16% stake. Moreover, State Of Wisconsin Investment Board has 0.07% invested in Darden Restaurants, Inc. (NYSE:DRI) for 251,176 shares. Redwood Ltd Liability Co stated it has 0.03% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). National Bank & Trust Of Montreal Can holds 0.03% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 309,470 shares. Loomis Sayles And Lp owns 3,226 shares or 0% of their US portfolio. Oakworth Cap invested in 1,445 shares or 0.03% of the stock. Asset Mngmt Gru Inc has invested 0.09% in Darden Restaurants, Inc. (NYSE:DRI). Kentucky Retirement Systems Ins Trust Fund owns 3,284 shares for 0.05% of their portfolio. Moreover, Lsv Asset Management has 0.05% invested in Darden Restaurants, Inc. (NYSE:DRI). Services Automobile Association has 279,170 shares. Bancshares Of Ny Mellon Corp holds 0.07% or 2.91M shares.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Positions Chart