B. Riley Wealth Advisors Inc. Purchases Shares of 30,316 Darling Ingredients Inc. (NYSE:DAR)

B. Riley Wealth Advisors Inc. purchased a new stake in Darling Ingredients Inc. (NYSE:DAR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,316 shares of the company's stock, valued at approximately $1,021,000.

A number of other large investors have also recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Darling Ingredients by 148.9% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company's stock valued at $148,005,000 after buying an additional 2,627,785 shares during the last quarter. iSAM Funds UK Ltd acquired a new stake in shares of Darling Ingredients during the fourth quarter valued at $314,000. Sourcerock Group LLC acquired a new stake in shares of Darling Ingredients during the fourth quarter valued at $5,054,000. Triglav Skladi D.O.O. acquired a new stake in shares of Darling Ingredients during the 4th quarter worth about $1,453,000. Finally, Tidal Investments LLC boosted its stake in shares of Darling Ingredients by 30.4% during the 4th quarter. Tidal Investments LLC now owns 26,137 shares of the company's stock worth $881,000 after purchasing an additional 6,088 shares during the last quarter. Institutional investors and hedge funds own 94.44% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DAR shares. Robert W. Baird decreased their price target on shares of Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. TD Cowen decreased their target price on shares of Darling Ingredients from $37.00 to $34.00 and set a "hold" rating on the stock in a research report on Friday, April 25th. Wall Street Zen raised Darling Ingredients from a "sell" rating to a "hold" rating in a research report on Friday, April 25th. Finally, Citigroup lowered their price objective on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $46.00.

Darling Ingredients Trading Up 0.4%

Shares of DAR traded up $0.11 during mid-day trading on Friday, reaching $31.24. The company had a trading volume of 2,032,541 shares, compared to its average volume of 2,168,685. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 18.06 and a beta of 1.25. The firm has a fifty day simple moving average of $31.70 and a 200-day simple moving average of $34.45. Darling Ingredients Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $43.49. 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 - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.36). Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the business posted $0.50 EPS. Darling Ingredients's revenue was down 2.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

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.