Nomura Holdings Inc. Acquires New Holdings in Darling Ingredients Inc. (NYSE:DAR)

Nomura Holdings Inc. purchased a new position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,104 shares of the company's stock, valued at approximately $711,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DAR. Gates Capital Management Inc. increased its position in shares of Darling Ingredients by 11.4% in the fourth quarter. Gates Capital Management Inc. now owns 6,668,443 shares of the company's stock worth $224,660,000 after acquiring an additional 682,529 shares in the last quarter. Frontier Capital Management Co. LLC increased its position in shares of Darling Ingredients by 8.6% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,255,021 shares of the company's stock worth $75,972,000 after acquiring an additional 178,434 shares in the last quarter. CoreCommodity Management LLC increased its position in shares of Darling Ingredients by 32.8% in the fourth quarter. CoreCommodity Management LLC now owns 134,003 shares of the company's stock worth $4,515,000 after acquiring an additional 33,114 shares in the last quarter. Centiva Capital LP increased its position in shares of Darling Ingredients by 242.2% in the fourth quarter. Centiva Capital LP now owns 44,307 shares of the company's stock worth $1,493,000 after acquiring an additional 31,360 shares in the last quarter. Finally, Aristeia Capital L.L.C. increased its position in shares of Darling Ingredients by 26.1% in the fourth quarter. Aristeia Capital L.L.C. now owns 21,400 shares of the company's stock worth $721,000 after acquiring an additional 4,423 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company's stock.

Darling Ingredients Stock Down 0.5%

NYSE DAR traded down $0.17 during trading hours on Friday, reaching $31.54. 1,408,375 shares of the company traded hands, compared to its average volume of 2,245,890. Darling Ingredients Inc. has a 12 month low of $26.00 and a 12 month 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. The stock has a market capitalization of $4.99 billion, a PE ratio of 18.23 and a beta of 1.25. The company has a 50 day moving average of $31.55 and a two-hundred day moving average of $34.88.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted its quarterly 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 return on equity of 6.04% and a net margin of 4.88%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the previous year, the business posted $0.50 earnings per share. The company's quarterly revenue was down 2.8% compared to the same quarter last year. As a group, equities analysts expect that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. TD Cowen lowered their price target on shares of Darling Ingredients from $37.00 to $34.00 and set a "hold" rating for the company in a report on Friday, April 25th. Robert W. Baird lowered their price target 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. Citigroup lowered their price target on shares of Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Finally, Wall Street Zen raised shares of 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 assigned a buy rating to the stock. According to data from MarketBeat.com, Darling Ingredients currently has an average rating of "Moderate Buy" and a consensus target price of $46.00.

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.