Darling Ingredients Inc. (NYSE:DAR) Position Trimmed by Hartree Partners LP

Hartree Partners LP trimmed its position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 60.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,000 shares of the company's stock after selling 70,000 shares during the period. Hartree Partners LP's holdings in Darling Ingredients were worth $1,516,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Erste Asset Management GmbH acquired a new position in shares of Darling Ingredients during the third quarter valued at $30,545,000. Sycomore Asset Management increased its stake in Darling Ingredients by 101.2% during the 4th quarter. Sycomore Asset Management now owns 130,096 shares of the company's stock valued at $4,743,000 after buying an additional 65,444 shares during the period. KBC Group NV raised its position in shares of Darling Ingredients by 180.1% during the 4th quarter. KBC Group NV now owns 104,143 shares of the company's stock worth $3,509,000 after buying an additional 66,966 shares in the last quarter. AXQ Capital LP acquired a new stake in shares of Darling Ingredients in the 4th quarter worth approximately $735,000. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Darling Ingredients by 203.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,844,297 shares of the company's stock valued at $62,134,000 after acquiring an additional 1,235,985 shares in the last quarter. Institutional investors own 94.44% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on DAR. Stephens restated an "overweight" rating and issued a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd. Citigroup dropped their price objective on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Finally, StockNews.com cut Darling Ingredients from a "hold" rating to a "sell" rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $52.75.

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Darling Ingredients Trading Up 2.6 %

Shares of NYSE DAR traded up $0.85 during mid-day trading on Wednesday, hitting $33.10. 2,456,011 shares of the company traded hands, compared to its average volume of 2,249,140. The business has a 50 day moving average of $34.89 and a two-hundred day moving average of $36.42. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of 19.13 and a beta of 1.19. Darling Ingredients Inc. has a 1 year low of $27.20 and a 1 year high of $48.39.

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

About Darling Ingredients

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.