Inceptionr LLC Boosts Stake in Darling Ingredients Inc. (NYSE:DAR)

Inceptionr LLC grew its stake in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 156.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,034 shares of the company's stock after buying an additional 15,893 shares during the quarter. Inceptionr LLC's holdings in Darling Ingredients were worth $877,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DAR. Heck Capital Advisors LLC bought a new stake in shares of Darling Ingredients in the fourth quarter worth about $25,000. Wilmington Savings Fund Society FSB grew its stake in shares of Darling Ingredients by 157.1% in 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 during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Darling Ingredients in the third quarter worth about $58,000. Farther Finance Advisors LLC grew its stake 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 worth $69,000 after purchasing an additional 758 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of Darling Ingredients by 42.5% in the third quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company's stock worth $86,000 after purchasing an additional 687 shares during the last quarter. 94.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Citigroup cut their target price 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. StockNews.com raised Darling Ingredients from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Stephens reaffirmed an "overweight" rating and set a $52.00 price objective on shares of Darling Ingredients in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Darling Ingredients has a consensus rating of "Moderate Buy" and a consensus target price of $52.75.

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Darling Ingredients Stock Down 1.6 %

DAR stock traded down $0.54 during midday trading on Friday, hitting $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 market cap of $5.12 billion, a PE ratio of 18.64 and a beta of 1.25. Darling Ingredients Inc. has a 12 month low of $31.87 and a 12 month high of $48.39. 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 firm's 50-day moving average is $36.53 and its 200-day moving average is $37.40.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts forecast that Darling Ingredients Inc. will post 2.81 earnings per share for the current fiscal year.

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.