Stock Traders Purchase Large Volume of Put Options on Darling Ingredients (NYSE:DAR)

Darling Ingredients Inc. (NYSE:DAR - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Stock investors acquired 3,016 put options on the company. This represents an increase of approximately 141% compared to the typical volume of 1,249 put options.

Darling Ingredients Trading Up 3.3 %

Shares of NYSE:DAR traded up $1.02 during trading on Tuesday, reaching $32.26. The company's stock had a trading volume of 2,033,679 shares, compared to its average volume of 2,243,993. The stock has a market capitalization of $5.10 billion, a PE ratio of 18.61 and a beta of 1.25. Darling Ingredients has a 12 month low of $27.20 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 simple moving average is $34.95 and its two-hundred day simple moving average is $36.44.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted 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, research analysts predict that Darling Ingredients will post 2.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Darling Ingredients by 148.9% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company's stock worth $148,005,000 after acquiring an additional 2,627,785 shares during the last quarter. Norges Bank bought a new position in shares of Darling Ingredients in the fourth quarter worth about $63,956,000. Assenagon Asset Management S.A. increased its stake in Darling Ingredients by 203.2% in the 4th 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. Paloma Partners Management Co lifted its holdings in Darling Ingredients by 2,140.4% during the 3rd quarter. Paloma Partners Management Co now owns 877,200 shares of the company's stock valued at $32,597,000 after buying an additional 838,047 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Darling Ingredients by 14.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,453,845 shares of the company's stock valued at $217,425,000 after buying an additional 791,157 shares during the period. 94.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on DAR shares. StockNews.com cut shares of Darling Ingredients from a "hold" rating to a "sell" rating in a research note on Monday, March 24th. Stephens reiterated an "overweight" rating and issued a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd. Finally, Citigroup dropped their price target on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued 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 price target of $52.75.

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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.

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