Stifel Financial Corp Has $19.26 Million Position in Darling Ingredients Inc. (NYSE:DAR)

Stifel Financial Corp cut its position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 571,672 shares of the company's stock after selling 35,095 shares during the period. Stifel Financial Corp owned 0.36% of Darling Ingredients worth $19,260,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Heck Capital Advisors LLC acquired a new position in Darling Ingredients during the fourth quarter worth approximately $25,000. Wilmington Savings Fund Society FSB increased its holdings in shares of Darling Ingredients by 157.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock worth $40,000 after acquiring an additional 721 shares during the last quarter. Palouse Capital Management Inc. bought a new stake in Darling Ingredients in the 4th quarter valued at $86,000. First Horizon Advisors Inc. lifted its holdings in Darling Ingredients by 30.9% during the 4th quarter. First Horizon Advisors Inc. now owns 3,016 shares of the company's stock valued at $102,000 after purchasing an additional 712 shares during the last quarter. Finally, Avanza Fonder AB bought a new position in Darling Ingredients during the fourth quarter worth $145,000. 94.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on DAR. StockNews.com raised shares of Darling Ingredients from a "sell" rating to a "hold" rating in a report on Friday, April 25th. TD Cowen dropped their price target on Darling Ingredients from $37.00 to $34.00 and set a "hold" rating for the company in a report on Friday, April 25th. Citigroup dropped their target price on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Stephens reaffirmed an "overweight" rating and set a $52.00 price target on shares of Darling Ingredients in a research report on Thursday, January 23rd. Finally, Robert W. Baird cut their price objective on shares of Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, April 25th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $50.33.

Darling Ingredients Price Performance

NYSE DAR traded up $0.08 during trading on Wednesday, hitting $32.28. 1,101,935 shares of the company's stock were exchanged, compared to its average volume of 2,273,339. The company has a market cap of $5.10 billion, a PE ratio of 18.66 and a beta of 1.19. 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 Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $47.28. The stock's 50 day moving average price is $31.44 and its two-hundred day moving average price is $35.44.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.36). The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.45 billion. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. Darling Ingredients's revenue for the quarter was down 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.50 EPS. Research analysts expect that Darling Ingredients Inc. will post 2.81 EPS for the current year.

About Darling Ingredients

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.