Jump Financial LLC Invests $3.36 Million in Darling Ingredients Inc. (NYSE:DAR)

Jump Financial LLC bought a new position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 99,728 shares of the company's stock, valued at approximately $3,360,000. Jump Financial LLC owned about 0.06% of Darling Ingredients as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in Darling Ingredients in the fourth quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB grew its stake in Darling Ingredients by 157.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock worth $40,000 after purchasing an additional 721 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in shares of Darling Ingredients during the fourth quarter worth approximately $86,000. First Horizon Advisors Inc. lifted its position in shares of Darling Ingredients by 30.9% during the 4th quarter. First Horizon Advisors Inc. now owns 3,016 shares of the company's stock worth $102,000 after purchasing an additional 712 shares during the last quarter. Finally, Avanza Fonder AB acquired a new position in shares of Darling Ingredients during the 4th quarter worth about $145,000. Hedge funds and other institutional investors own 94.44% of the company's stock.

Darling Ingredients Trading Down 0.4 %

Shares of Darling Ingredients stock traded down $0.13 during trading hours on Wednesday, reaching $30.53. The stock had a trading volume of 561,419 shares, compared to its average volume of 2,224,011. Darling Ingredients Inc. has a 1 year low of $26.00 and a 1 year high of $47.28. The firm has a 50 day simple moving average of $32.34 and a two-hundred day simple moving average of $35.63. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 17.65 and a beta of 1.19. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.

Darling Ingredients (NYSE:DAR - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.15. Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. As a group, equities research analysts anticipate that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Analyst Ratings Changes

DAR has been the subject of a number of research reports. StockNews.com cut Darling Ingredients from a "hold" rating to a "sell" rating in a research note on Wednesday, April 2nd. Robert W. Baird reduced their price target on Darling Ingredients from $51.00 to $41.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Stephens restated an "overweight" rating and set a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd. Citigroup cut their price target on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Finally, TD Cowen dropped their price target on Darling Ingredients from $43.00 to $37.00 and set a "hold" rating for the company in a research report on Friday, April 4th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $50.78.

Darling Ingredients Company Profile

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.