Darling Ingredients Inc. (NYSE:DAR) Shares Bought by Barclays PLC

Barclays PLC boosted its stake in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 3.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,382,400 shares of the company's stock after purchasing an additional 49,531 shares during the period. Barclays PLC owned about 0.87% of Darling Ingredients worth $46,572,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DAR. Vanguard Group Inc. grew its holdings in shares of Darling Ingredients by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 15,567,996 shares of the company's stock valued at $524,486,000 after purchasing an additional 203,921 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Darling Ingredients by 148.9% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company's stock worth $148,005,000 after acquiring an additional 2,627,785 shares in the last quarter. FMR LLC increased its position in shares of Darling Ingredients by 17.9% during the fourth quarter. FMR LLC now owns 3,919,542 shares of the company's stock worth $132,049,000 after acquiring an additional 595,325 shares during the period. Geode Capital Management LLC raised its stake in shares of Darling Ingredients by 1.4% in the third quarter. Geode Capital Management LLC now owns 2,739,621 shares of the company's stock valued at $101,830,000 after acquiring an additional 36,618 shares in the last quarter. Finally, Schroder Investment Management Group boosted its holdings in Darling Ingredients by 19.2% in the fourth quarter. Schroder Investment Management Group now owns 2,425,277 shares of the company's stock valued at $80,034,000 after purchasing an additional 389,980 shares during the period. Hedge funds and other institutional investors own 94.44% of the company's stock.

Darling Ingredients Stock Performance

NYSE DAR traded up $0.14 during trading hours on Wednesday, hitting $30.80. The company had a trading volume of 474,008 shares, compared to its average volume of 2,239,313. The business has a 50 day moving average of $32.34 and a 200-day moving average of $35.63. The company has a market cap of $4.87 billion, a PE ratio of 17.80 and a beta of 1.19. Darling Ingredients Inc. has a 1-year low of $26.00 and a 1-year high of $47.28. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41.

Darling Ingredients (NYSE:DAR - Get Free Report) last announced 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%. As a group, equities research analysts expect that Darling Ingredients Inc. will post 2.81 EPS for the current year.

Wall Street Analyst Weigh In

DAR has been the topic of several recent research reports. TD Cowen cut their price target on Darling Ingredients from $43.00 to $37.00 and set a "hold" rating on the stock in a report on Friday, April 4th. Stephens reaffirmed an "overweight" rating and issued a $52.00 target price on shares of Darling Ingredients in a report on Thursday, January 23rd. Robert W. Baird lowered their price target on shares of Darling Ingredients from $51.00 to $41.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Citigroup decreased their price objective 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, April 15th. Finally, StockNews.com lowered Darling Ingredients from a "hold" rating to a "sell" rating in a report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $50.78.

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.