Darling Ingredients (NYSE:DAR) Upgraded to "Hold" at StockNews.com

Darling Ingredients (NYSE:DAR - Get Free Report) was upgraded by research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Friday.

Several other research analysts have also commented on the stock. Stephens reaffirmed an "overweight" rating and set a $52.00 price objective on shares of Darling Ingredients in a research note on Thursday, January 23rd. Citigroup dropped their price objective on shares of Darling Ingredients from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Darling Ingredients currently has an average rating of "Moderate Buy" and a consensus price target of $52.75.

Darling Ingredients Price Performance

Shares of DAR stock traded down $0.54 on Friday, reaching $32.24. The company's stock had a trading volume of 1,901,086 shares, compared to its average volume of 2,171,847. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The stock's fifty day simple moving average is $36.53 and its 200-day simple moving average is $37.42. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 18.64 and a beta of 1.25. Darling Ingredients has a 1 year low of $31.87 and a 1 year high of $48.39.

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

Institutional Trading of Darling Ingredients

A number of large investors have recently made changes to their positions in DAR. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Darling Ingredients by 16.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,778 shares of the company's stock valued at $252,000 after acquiring an additional 952 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Darling Ingredients by 69.2% in the third quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company's stock valued at $69,000 after acquiring an additional 758 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Darling Ingredients by 16.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 44,480 shares of the company's stock valued at $1,653,000 after acquiring an additional 6,220 shares in the last quarter. Atria Investments Inc raised its holdings in shares of Darling Ingredients by 12.8% in the third quarter. Atria Investments Inc now owns 22,345 shares of the company's stock valued at $830,000 after acquiring an additional 2,536 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Darling Ingredients in the third quarter valued at about $58,000. 94.44% of the stock is owned by hedge funds and other institutional investors.

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.