Barrow Hanley Mewhinney & Strauss LLC Has $148.01 Million Stock Holdings in Darling Ingredients Inc. (NYSE:DAR)

Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 148.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,393,153 shares of the company's stock after acquiring an additional 2,627,785 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned 2.76% of Darling Ingredients worth $148,005,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sycomore Asset Management lifted its holdings in shares of Darling Ingredients by 101.2% in the fourth quarter. Sycomore Asset Management now owns 130,096 shares of the company's stock valued at $4,743,000 after purchasing an additional 65,444 shares in the last quarter. KBC Group NV raised its position in Darling Ingredients by 180.1% in the 4th quarter. KBC Group NV now owns 104,143 shares of the company's stock valued at $3,509,000 after buying an additional 66,966 shares during the last quarter. AXQ Capital LP bought a new stake in Darling Ingredients in the 4th quarter valued at approximately $735,000. Raymond James Financial Inc. acquired a new position in Darling Ingredients during the 4th quarter worth approximately $13,769,000. Finally, Quilter Plc bought a new position in shares of Darling Ingredients during the 4th quarter worth approximately $2,021,000. 94.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DAR has been the topic of a number of research reports. Citigroup cut their price objective on shares of Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. TD Cowen cut their price target 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 upgraded shares of Darling Ingredients from a "sell" rating to a "hold" rating in a research note on Friday, April 25th. Finally, Robert W. Baird lowered their target price on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $46.00.

Darling Ingredients Stock Performance

NYSE DAR traded down $0.53 on Wednesday, hitting $31.82. 362,877 shares of the stock were exchanged, compared to its average volume of 2,232,011. The company has a market capitalization of $5.03 billion, a PE ratio of 18.39 and a beta of 1.25. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. The business's fifty day moving average is $31.61 and its 200 day moving average is $34.73. Darling Ingredients Inc. has a 52 week low of $26.00 and a 52 week high of $43.49.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported ($0.16) earnings per share (EPS) 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 the consensus estimate of $1.45 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The firm's revenue for the quarter was down 2.8% compared to the same quarter last year. Research analysts anticipate that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal 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.