Impax Asset Management Group plc Has $100.17 Million Position in Darling Ingredients Inc. (NYSE:DAR)

Impax Asset Management Group plc lowered its holdings in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,989,309 shares of the company's stock after selling 376,523 shares during the quarter. Impax Asset Management Group plc owned about 1.88% of Darling Ingredients worth $100,168,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in DAR. Heck Capital Advisors LLC bought a new position in shares of Darling Ingredients in the fourth quarter valued at about $25,000. Signaturefd LLC raised its stake in shares of Darling Ingredients by 75.0% in the third quarter. Signaturefd LLC now owns 901 shares of the company's stock worth $33,000 after acquiring an additional 386 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Darling Ingredients by 38.0% during the third quarter. Blue Trust Inc. now owns 1,046 shares of the company's stock worth $38,000 after purchasing an additional 288 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of Darling Ingredients by 157.1% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock worth $40,000 after purchasing an additional 721 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Darling Ingredients during the third quarter valued at approximately $58,000. Institutional investors own 94.44% of the company's stock.

Darling Ingredients Trading Up 0.3 %

Shares of Darling Ingredients stock traded up $0.10 during trading on Thursday, reaching $36.88. 1,519,352 shares of the company were exchanged, compared to its average volume of 2,165,004. The business has a 50-day moving average price of $36.44 and a 200-day moving average price of $37.67. The firm has a market capitalization of $5.86 billion, a price-to-earnings ratio of 21.32 and a beta of 1.21. 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 Inc. has a twelve month low of $32.55 and a twelve month high of $48.39.

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on DAR shares. Stephens reaffirmed an "overweight" rating and set a $52.00 price objective on shares of Darling Ingredients in a report on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on Darling Ingredients from $58.00 to $59.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th. Finally, Citigroup decreased their price target on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Darling Ingredients has a consensus rating of "Moderate Buy" and a consensus target price of $53.22.

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.