Darling Ingredients Inc. (NYSE:DAR) Holdings Reduced by CenterBook Partners LP

CenterBook Partners LP cut its stake in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 31.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,883 shares of the company's stock after selling 40,612 shares during the period. CenterBook Partners LP owned approximately 0.06% of Darling Ingredients worth $2,994,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DAR. Heck Capital Advisors LLC purchased a new stake in shares of Darling Ingredients during the 4th quarter valued at $25,000. Wilmington Savings Fund Society FSB grew its position in Darling Ingredients by 157.1% during the fourth 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. Palouse Capital Management Inc. acquired a new stake in Darling Ingredients during the fourth quarter worth about $86,000. First Horizon Advisors Inc. raised its holdings in shares of Darling Ingredients by 30.9% in 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 period. Finally, Avanza Fonder AB acquired a new position in shares of Darling Ingredients in the 4th quarter valued at about $145,000. 94.44% of the stock is currently owned by hedge funds and other institutional investors.

Darling Ingredients Stock Up 0.3 %

Shares of NYSE:DAR traded up $0.08 during midday trading on Tuesday, reaching $29.37. The company had a trading volume of 507,139 shares, compared to its average volume of 2,238,813. Darling Ingredients Inc. has a one year low of $26.00 and a one year 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 stock has a market capitalization of $4.64 billion, a P/E ratio of 16.98 and a beta of 1.19. The stock's fifty day moving average price is $33.48 and its 200-day moving average price is $35.89.

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Darling Ingredients (NYSE:DAR - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.15. Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. Equities research analysts expect that Darling Ingredients Inc. will post 2.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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