Darling Ingredients Inc. (NYSE:DAR) Shares Sold by Bruce & Co. Inc.

Bruce & Co. Inc. decreased its holdings in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 29.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,000 shares of the company's stock after selling 60,000 shares during the quarter. Darling Ingredients comprises 1.5% of Bruce & Co. Inc.'s investment portfolio, making the stock its 18th largest holding. Bruce & Co. Inc. owned 0.09% of Darling Ingredients worth $4,750,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DAR. Heck Capital Advisors LLC purchased a new stake in shares of Darling Ingredients in the fourth quarter valued at about $25,000. Wilmington Savings Fund Society FSB increased its position in Darling Ingredients by 157.1% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock valued at $40,000 after acquiring an additional 721 shares during the period. First Horizon Advisors Inc. raised its stake in Darling Ingredients by 42.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company's stock valued at $86,000 after acquiring an additional 687 shares during the last quarter. Palouse Capital Management Inc. acquired a new stake in Darling Ingredients during the 4th quarter worth approximately $86,000. Finally, Avanza Fonder AB purchased a new position in shares of Darling Ingredients in the 4th quarter valued at approximately $145,000. Institutional investors and hedge funds own 94.44% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on DAR. Citigroup cut their price target 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. StockNews.com cut shares of Darling Ingredients from a "hold" rating to a "sell" rating in a research note on Monday. Finally, Stephens reiterated an "overweight" rating and set a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Darling Ingredients presently has a consensus rating of "Moderate Buy" and a consensus price target of $52.75.

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Darling Ingredients Price Performance

Shares of DAR traded down $0.19 during trading hours on Tuesday, reaching $29.68. The company had a trading volume of 1,281,693 shares, compared to its average volume of 2,116,993. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 17.16 and a beta of 1.25. Darling Ingredients Inc. has a 12-month low of $27.20 and a 12-month high of $48.39. The firm has a 50 day simple moving average of $35.53 and a 200-day simple moving average of $36.58. 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 posted its quarterly 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 net margin of 4.88% and a return on equity of 6.04%. Research analysts expect that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Darling Ingredients 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.