Union Bancaire Privee UBP SA Buys Shares of 20,298 Darling Ingredients Inc. (NYSE:DAR)

Union Bancaire Privee UBP SA acquired a new position in Darling Ingredients Inc. (NYSE:DAR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 20,298 shares of the company's stock, valued at approximately $679,000.

A number of other large investors have also recently made changes to their positions in the business. State Street Corp increased its position in shares of Darling Ingredients by 5.7% during the third quarter. State Street Corp now owns 5,357,815 shares of the company's stock valued at $199,096,000 after buying an additional 289,407 shares during the period. FMR LLC grew its holdings in shares of Darling Ingredients by 17.3% during the 3rd quarter. FMR LLC now owns 3,324,217 shares of the company's stock worth $123,528,000 after acquiring an additional 491,477 shares during the period. Geode Capital Management LLC raised its position in shares of Darling Ingredients by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,739,621 shares of the company's stock worth $101,830,000 after acquiring an additional 36,618 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of 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 valued at $62,134,000 after purchasing an additional 1,235,985 shares during the period. Finally, Southernsun Asset Management LLC boosted its position in shares of Darling Ingredients by 11.6% during the third quarter. Southernsun Asset Management LLC now owns 1,487,458 shares of the company's stock valued at $55,274,000 after purchasing an additional 154,038 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DAR. Citigroup decreased their price objective on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. Stephens reiterated an "overweight" rating and issued a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Darling Ingredients presently has an average rating of "Moderate Buy" and a consensus price target of $53.22.

Darling Ingredients Stock Down 2.2 %

DAR stock traded down $0.81 during trading on Friday, hitting $36.06. 1,674,578 shares of the stock traded hands, compared to its average volume of 2,152,405. The stock has a market cap of $5.73 billion, a price-to-earnings ratio of 20.84 and a beta of 1.21. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. Darling Ingredients Inc. has a 1 year low of $32.55 and a 1 year high of $48.39. The firm's 50 day moving average is $36.50 and its two-hundred day moving average is $37.67.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.63 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%. On average, sell-side analysts anticipate that Darling Ingredients Inc. will post 2.81 EPS 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.