Rockefeller Capital Management L.P. Has $4.92 Million Stake in Darling Ingredients Inc. (NYSE:DAR)

Rockefeller Capital Management L.P. reduced its holdings in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 22.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,081 shares of the company's stock after selling 41,484 shares during the quarter. Rockefeller Capital Management L.P. owned 0.09% of Darling Ingredients worth $4,922,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in shares of Darling Ingredients during the fourth quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB raised its holdings 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 during the period. Palouse Capital Management Inc. bought a new stake in shares of Darling Ingredients during the 4th quarter valued at about $86,000. First Horizon Advisors Inc. raised its position 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 period. Finally, Avanza Fonder AB acquired a new stake in Darling Ingredients in the fourth quarter worth $145,000. 94.44% of the stock is owned by hedge funds and other institutional investors.

Darling Ingredients Trading Up 0.5 %

Darling Ingredients stock traded up $0.14 during mid-day trading on Wednesday, hitting $30.80. The stock had a trading volume of 474,008 shares, compared to its average volume of 2,239,313. Darling Ingredients Inc. has a 12 month low of $26.00 and a 12 month high of $47.28. The stock has a 50-day simple moving average of $32.34 and a two-hundred day simple moving average of $35.63. 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 has a market capitalization of $4.87 billion, a PE ratio of 17.80 and a beta of 1.19.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted 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%. As a group, sell-side analysts forecast that Darling Ingredients Inc. will post 2.81 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DAR. TD Cowen cut their price objective on shares of Darling Ingredients from $43.00 to $37.00 and set a "hold" rating on the stock in a research note on Friday, April 4th. Robert W. Baird lowered their price objective 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. Stephens restated an "overweight" rating and set a $52.00 price objective on shares of Darling Ingredients in a research report on Thursday, January 23rd. StockNews.com cut Darling Ingredients from a "hold" rating to a "sell" rating in a report on Wednesday, April 2nd. Finally, Citigroup dropped their target price on shares of Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $50.78.

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.