Brown Brothers Harriman & Co. Increases Holdings in Darling Ingredients Inc. (NYSE:DAR)

Brown Brothers Harriman & Co. boosted its holdings in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 29.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,279,907 shares of the company's stock after acquiring an additional 291,138 shares during the period. Brown Brothers Harriman & Co. owned 0.80% of Darling Ingredients worth $43,120,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DAR. Charles Schwab Investment Management Inc. increased its holdings in shares of Darling Ingredients by 2.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,080,056 shares of the company's stock valued at $40,135,000 after purchasing an additional 25,734 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Darling Ingredients by 127.7% in the 3rd quarter. Bank of Montreal Can now owns 112,252 shares of the company's stock worth $4,239,000 after acquiring an additional 62,958 shares during the last quarter. FMR LLC raised its holdings in shares of Darling Ingredients by 17.3% during the 3rd quarter. FMR LLC now owns 3,324,217 shares of the company's stock worth $123,528,000 after acquiring an additional 491,477 shares during the period. Townsquare Capital LLC boosted its position in shares of Darling Ingredients by 52.4% during the 3rd quarter. Townsquare Capital LLC now owns 12,395 shares of the company's stock valued at $461,000 after acquiring an additional 4,261 shares during the last quarter. Finally, Glenmede Trust Co. NA grew its holdings in shares of Darling Ingredients by 5.7% in the third quarter. Glenmede Trust Co. NA now owns 7,609 shares of the company's stock valued at $283,000 after purchasing an additional 412 shares during the period. Institutional investors and hedge funds own 94.44% of the company's stock.

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Darling Ingredients Trading Up 2.9 %

Shares of DAR stock traded up $0.93 on Wednesday, hitting $33.18. The stock had a trading volume of 973,175 shares, compared to its average volume of 2,243,539. 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 firm has a market capitalization of $5.25 billion, a P/E ratio of 19.18 and a beta of 1.19. The company's 50 day moving average price is $34.89 and its 200-day moving average price is $36.42. Darling Ingredients Inc. has a 1 year low of $27.20 and a 1 year high of $48.39.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. StockNews.com lowered shares of Darling Ingredients from a "hold" rating to a "sell" rating in a report on Wednesday. Stephens reiterated an "overweight" rating and issued a $52.00 price objective on shares of Darling Ingredients in a report on Thursday, January 23rd. Finally, Citigroup cut their target price on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Darling Ingredients has an average rating of "Moderate Buy" and an average price target of $52.75.

About Darling Ingredients

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.