Dimensional Fund Advisors LP Raises Holdings in Darling Ingredients Inc. (NYSE:DAR)

Dimensional Fund Advisors LP increased its position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 14.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,453,845 shares of the company's stock after buying an additional 791,157 shares during the period. Dimensional Fund Advisors LP owned about 4.06% of Darling Ingredients worth $217,425,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in Darling Ingredients during the 4th quarter valued at about $25,000. Wilmington Savings Fund Society FSB increased its holdings 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 buying an additional 721 shares during the period. Palouse Capital Management Inc. bought a new position in Darling Ingredients in the fourth quarter worth approximately $86,000. First Horizon Advisors Inc. lifted its stake in shares of Darling Ingredients by 30.9% during 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 last quarter. Finally, Avanza Fonder AB purchased a new stake in shares of Darling Ingredients during the fourth quarter valued at about $145,000. 94.44% of the stock is currently owned by institutional investors.

Darling Ingredients Price Performance

Shares of DAR stock opened at $30.66 on Wednesday. The firm's 50-day moving average is $32.34 and its two-hundred day moving average is $35.63. Darling Ingredients Inc. has a 12 month low of $26.00 and a 12 month 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 company has a market capitalization of $4.85 billion, a PE ratio of 17.72 and a beta of 1.19.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping 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%. Analysts predict that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on DAR. Citigroup lowered their price target on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. StockNews.com lowered Darling Ingredients from a "hold" rating to a "sell" rating in a report on Wednesday, April 2nd. TD Cowen cut their price objective on shares of Darling Ingredients from $43.00 to $37.00 and set a "hold" rating for the company in a report on Friday, April 4th. Stephens reaffirmed an "overweight" rating and set a $52.00 target price on shares of Darling Ingredients in a research note on Thursday, January 23rd. Finally, Robert W. Baird decreased their price target on shares of Darling Ingredients from $51.00 to $41.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Darling Ingredients has an average rating of "Moderate Buy" and a consensus price target 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.

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