Darling Ingredients Inc. (NYSE:DAR) Shares Purchased by Schroder Investment Management Group

Schroder Investment Management Group raised its position in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 19.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,425,277 shares of the company's stock after acquiring an additional 389,980 shares during the period. Schroder Investment Management Group owned approximately 1.52% of Darling Ingredients worth $80,034,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Erste Asset Management GmbH acquired a new stake in Darling Ingredients in the third quarter valued at $30,545,000. Sycomore Asset Management increased its holdings in shares of Darling Ingredients by 101.2% in the 4th quarter. Sycomore Asset Management now owns 130,096 shares of the company's stock valued at $4,743,000 after purchasing an additional 65,444 shares in the last quarter. KBC Group NV lifted its stake in shares of Darling Ingredients by 180.1% in the fourth quarter. KBC Group NV now owns 104,143 shares of the company's stock valued at $3,509,000 after purchasing an additional 66,966 shares during the period. AXQ Capital LP purchased a new stake in Darling Ingredients during the fourth quarter worth about $735,000. Finally, Assenagon Asset Management S.A. grew its position in Darling Ingredients by 203.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,844,297 shares of the company's stock worth $62,134,000 after buying an additional 1,235,985 shares during the period. 94.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DAR. Stephens restated an "overweight" rating and issued a $52.00 price target on shares of Darling Ingredients in a report on Thursday, January 23rd. Citigroup lowered their target price on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. Finally, StockNews.com downgraded 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 given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $52.75.

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Darling Ingredients Trading Up 2.6 %

NYSE DAR traded up $0.85 during trading hours on Wednesday, hitting $33.10. 2,456,064 shares of the company's stock were exchanged, compared to its average volume of 2,249,140. The business's 50 day moving average is $34.89 and its 200-day moving average is $36.42. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41. Darling Ingredients Inc. has a 12-month low of $27.20 and a 12-month high of $48.39. The firm has a market capitalization of $5.23 billion, a P/E ratio of 19.13 and a beta of 1.19.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, analysts anticipate that Darling Ingredients Inc. will post 2.81 EPS 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.