Darling Ingredients Inc. (NYSE:DAR) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC decreased its holdings in shares of Darling Ingredients Inc. (NYSE:DAR) by 63.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 6,437 shares of the company’s stock after selling 10,962 shares during the period. Emerald Advisers LLC’s holdings in Darling Ingredients were worth $217,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Darling Ingredients by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 15,567,996 shares of the company’s stock valued at $524,486,000 after buying an additional 203,921 shares during the last quarter. LPL Financial LLC increased its holdings in Darling Ingredients by 13.6% in the 4th quarter. LPL Financial LLC now owns 33,100 shares of the company’s stock worth $1,115,000 after acquiring an additional 3,954 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Darling Ingredients during the fourth quarter worth about $1,088,000. AXQ Capital LP acquired a new position in shares of Darling Ingredients during the fourth quarter valued at approximately $735,000. Finally, American Century Companies Inc. raised its stake in Darling Ingredients by 1,003.0% in the 4th quarter. American Century Companies Inc. now owns 578,908 shares of the company’s stock valued at $19,503,000 after purchasing an additional 526,425 shares during the last quarter. Hedge funds and other institutional investors own 94.44% of the company’s stock.

Darling Ingredients Stock Down 1.7 %

Shares of NYSE:DAR opened at $29.87 on Monday. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of 17.26 and a beta of 1.25. Darling Ingredients Inc. has a 12-month low of $27.20 and a 12-month high of $48.39. The business has a 50-day moving average price of $35.67 and a 200 day moving average price of $36.64. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share 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%. Sell-side analysts expect that Darling Ingredients Inc. will post 2.81 EPS for the current year.

Analyst Ratings Changes

A number of analysts have commented on DAR shares. Stephens reiterated an “overweight” rating and issued a $52.00 price objective on shares of Darling Ingredients in a report on Thursday, January 23rd. Citigroup lowered their price objective on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, StockNews.com raised Darling Ingredients from a “sell” rating to a “hold” rating in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Darling Ingredients has an average rating of “Moderate Buy” and a consensus target price of $52.75.

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.