Susquehanna Fundamental Investments LLC Invests $7.11 Million in Darling Ingredients Inc. (NYSE:DAR)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 211,021 shares of the company's stock, valued at approximately $7,109,000. Susquehanna Fundamental Investments LLC owned 0.13% of Darling Ingredients at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DAR. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Darling Ingredients by 148.9% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company's stock valued at $148,005,000 after purchasing an additional 2,627,785 shares during the last quarter. Norges Bank acquired a new stake in shares of Darling Ingredients during the 4th quarter valued at about $63,956,000. Assenagon Asset Management S.A. increased its holdings in Darling Ingredients by 203.2% in 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 last quarter. Dimensional Fund Advisors LP raised its position in Darling Ingredients by 14.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,453,845 shares of the company's stock valued at $217,425,000 after acquiring an additional 791,157 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Darling Ingredients by 266.7% in the fourth quarter. Franklin Resources Inc. now owns 973,556 shares of the company's stock valued at $32,799,000 after acquiring an additional 708,035 shares during the last quarter. 94.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Citigroup reduced their price objective on shares of Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Robert W. Baird cut their price objective on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday. TD Cowen decreased their target price on Darling Ingredients from $37.00 to $34.00 and set a "hold" rating for the company in a research report on Friday. Stephens reissued an "overweight" rating and issued a $52.00 price target on shares of Darling Ingredients in a research report on Thursday, January 23rd. Finally, StockNews.com raised shares of Darling Ingredients from a "sell" rating to a "hold" rating in a report on Friday. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Darling Ingredients presently has a consensus rating of "Moderate Buy" and an average price target of $50.33.

Darling Ingredients Stock Up 5.0 %

Shares of DAR stock opened at $31.98 on Monday. The stock has a market cap of $5.06 billion, a P/E ratio of 18.49 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. The stock has a fifty day moving average price of $31.72 and a 200 day moving average price of $35.50. Darling Ingredients Inc. has a one year low of $26.00 and a one year high of $47.28.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.36). Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.45 billion. Analysts predict that Darling Ingredients Inc. will post 2.81 earnings per share for the current 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.

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