Arnhold LLC Sells 34,559 Shares of Darling Ingredients Inc. (NYSE:DAR)

Arnhold LLC lowered its position in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 8.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 359,898 shares of the company's stock after selling 34,559 shares during the quarter. Arnhold LLC owned about 0.23% of Darling Ingredients worth $12,125,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several research analysts recently weighed in on DAR shares. TD Cowen decreased their price objective on shares of Darling Ingredients from $37.00 to $34.00 and set a "hold" rating on the stock in a research report on Friday. Robert W. Baird decreased their price objective on shares of Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday. Citigroup decreased their price objective on shares of Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. StockNews.com upgraded shares of Darling Ingredients from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Stephens restated an "overweight" rating and issued a $52.00 price objective on shares of Darling Ingredients in a research report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $50.33.

Darling Ingredients Trading Down 0.1 %

Darling Ingredients stock traded down $0.04 during trading hours on Monday, reaching $31.84. The stock had a trading volume of 2,121,821 shares, compared to its average volume of 2,249,506. The stock has a market cap of $5.04 billion, a PE ratio of 18.40 and a beta of 1.19. Darling Ingredients Inc. has a 52 week low of $26.00 and a 52 week high of $47.28. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. The company has a fifty day simple moving average of $31.59 and a 200-day simple moving average of $35.47.

Darling Ingredients (NYSE:DAR - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.36). The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.45 billion. Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. Darling Ingredients's revenue was down 2.8% on a year-over-year basis. During the same period last year, the business earned $0.50 EPS. Analysts forecast that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

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.