Centaurus Financial Inc. Has $2.11 Million Stock Position in Darling Ingredients Inc. (NYSE:DAR)

Centaurus Financial Inc. cut its position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 28.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 62,473 shares of the company's stock after selling 24,925 shares during the quarter. Centaurus Financial Inc.'s holdings in Darling Ingredients were worth $2,105,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of DAR. Heck Capital Advisors LLC bought a new stake in shares of Darling Ingredients in the 4th quarter worth $25,000. Wilmington Savings Fund Society FSB raised its stake in shares of Darling Ingredients by 157.1% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock worth $40,000 after buying an additional 721 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in shares of Darling Ingredients in the 4th quarter worth $86,000. First Horizon Advisors Inc. raised its stake in shares of Darling Ingredients by 30.9% in the 4th quarter. First Horizon Advisors Inc. now owns 3,016 shares of the company's stock worth $102,000 after buying an additional 712 shares in the last quarter. Finally, Kapitalo Investimentos Ltda bought a new stake in shares of Darling Ingredients in the 4th quarter worth $109,000. Institutional investors own 94.44% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Citigroup dropped their price objective on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Robert W. Baird decreased their target price on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. TD Cowen decreased their target price on Darling Ingredients from $37.00 to $34.00 and set a "hold" rating on the stock in a report on Friday, April 25th. Finally, Wall Street Zen upgraded Darling Ingredients from a "sell" rating to a "hold" rating in a report on Friday, April 25th. Two 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, Darling Ingredients has a consensus rating of "Moderate Buy" and a consensus price target of $46.00.

Darling Ingredients Stock Up 0.4%

Shares of DAR stock traded up $0.11 on Friday, reaching $31.24. 2,032,541 shares of the company's stock traded hands, compared to its average volume of 2,231,580. Darling Ingredients Inc. has a 12-month low of $26.00 and a 12-month high of $43.49. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41. The company has a market capitalization of $4.94 billion, a P/E ratio of 18.06 and a beta of 1.25. The business's 50 day moving average price is $31.70 and its two-hundred day moving average price is $34.55.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly 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). The business had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.45 billion. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. The business's quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 EPS. On average, equities analysts forecast that Darling Ingredients Inc. will post 2.81 earnings per share for the current 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.