Emerald Advisers LLC Sells 10,962 Shares of Darling Ingredients Inc. (NYSE:DAR)

Emerald Advisers LLC cut its holdings in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 63.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,437 shares of the company's stock after selling 10,962 shares during the period. Emerald Advisers LLC's holdings in Darling Ingredients were worth $217,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of DAR. M&T Bank Corp increased its stake in Darling Ingredients by 3.3% during the 4th quarter. M&T Bank Corp now owns 8,987 shares of the company's stock worth $303,000 after purchasing an additional 286 shares in the last quarter. Ironwood Investment Management LLC raised its stake in shares of Darling Ingredients by 0.7% in the 4th quarter. Ironwood Investment Management LLC now owns 41,957 shares of the company's stock valued at $1,414,000 after purchasing an additional 297 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of Darling Ingredients by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 6,105 shares of the company's stock valued at $206,000 after purchasing an additional 337 shares in the last quarter. Metis Global Partners LLC boosted its position in shares of Darling Ingredients by 4.3% during the fourth quarter. Metis Global Partners LLC now owns 9,786 shares of the company's stock worth $330,000 after buying an additional 406 shares during the period. Finally, Glenmede Trust Co. NA grew its holdings in shares of Darling Ingredients by 5.7% during the third quarter. Glenmede Trust Co. NA now owns 7,609 shares of the company's stock worth $283,000 after buying an additional 412 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors.

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Darling Ingredients Stock Performance

Shares of DAR stock traded down $0.34 on Friday, reaching $31.58. The stock had a trading volume of 1,857,049 shares, compared to its average volume of 2,243,597. Darling Ingredients Inc. has a 12 month low of $27.20 and a 12 month high of $48.39. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 18.25 and a beta of 1.25. The firm's 50-day moving average is $35.06 and its two-hundred day moving average is $36.43. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) 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%. On average, research analysts expect that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

Analyst Ratings Changes

DAR has been the subject of several research reports. Stephens reaffirmed an "overweight" rating and set a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. StockNews.com lowered shares of Darling Ingredients from a "hold" rating to a "sell" rating in a research note on Monday. Finally, Citigroup decreased their price objective on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Darling Ingredients currently has a consensus rating of "Moderate Buy" and a consensus target price of $52.75.

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.