Triglav Skladi D.O.O. Purchases Shares of 43,125 Darling Ingredients Inc. (NYSE:DAR)

Triglav Skladi D.O.O. acquired a new position in Darling Ingredients Inc. (NYSE:DAR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 43,125 shares of the company's stock, valued at approximately $1,453,000.

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

Analyst Ratings Changes

Several equities analysts have commented on the company. Stephens reaffirmed an "overweight" rating and issued a $52.00 price target on shares of Darling Ingredients in a report on Thursday, January 23rd. Wall Street Zen upgraded Darling Ingredients from a "sell" rating to a "hold" rating in a research note on Friday, April 25th. TD Cowen lowered their price objective on Darling Ingredients from $37.00 to $34.00 and set a "hold" rating on the stock in a research note on Friday, April 25th. Robert W. Baird lowered their price objective on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. Finally, Citigroup decreased their price target on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock 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 stock. According to MarketBeat.com, Darling Ingredients has a consensus rating of "Moderate Buy" and a consensus target price of $46.00.

Darling Ingredients Trading Up 0.7%

NYSE:DAR traded up $0.24 during trading hours on Thursday, hitting $31.74. 1,894,240 shares of the stock were exchanged, compared to its average volume of 2,257,220. The company's 50 day moving average is $31.47 and its two-hundred day moving average is $35.00. Darling Ingredients Inc. has a twelve month low of $26.00 and a twelve month high of $43.49. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $5.02 billion, a P/E ratio of 18.34 and a beta of 1.25.

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 the consensus estimate of $0.20 by ($0.36). Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the business earned $0.50 earnings per share. The firm's revenue for the quarter was down 2.8% on a year-over-year basis. On average, sell-side analysts anticipate that Darling Ingredients Inc. will post 2.81 earnings per share 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.