Trium Capital LLP Has $534,000 Stock Holdings in Darling Ingredients Inc. (NYSE:DAR)

Trium Capital LLP lifted its position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 217.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,107 shares of the company's stock after purchasing an additional 11,722 shares during the period. Trium Capital LLP's holdings in Darling Ingredients were worth $534,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Yacktman Asset Management LP increased its position in Darling Ingredients by 1.8% in the 1st quarter. Yacktman Asset Management LP now owns 1,582,461 shares of the company's stock valued at $49,436,000 after acquiring an additional 28,643 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Darling Ingredients by 8.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 562,130 shares of the company's stock valued at $17,561,000 after purchasing an additional 44,281 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in shares of Darling Ingredients by 33.3% in the first quarter. Hexagon Capital Partners LLC now owns 2,000 shares of the company's stock valued at $62,000 after purchasing an additional 500 shares during the period. Lightrock Netherlands B.V. increased its holdings in shares of Darling Ingredients by 37.0% in the first quarter. Lightrock Netherlands B.V. now owns 336,807 shares of the company's stock valued at $10,539,000 after purchasing an additional 90,965 shares during the period. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Darling Ingredients during the first quarter worth approximately $726,000. Institutional investors and hedge funds own 94.44% of the company's stock.

Darling Ingredients Price Performance

DAR stock traded down $0.54 during trading hours on Wednesday, hitting $37.18. 2,187,902 shares of the stock traded hands, compared to its average volume of 2,247,235. The stock has a 50-day simple moving average of $34.70 and a 200 day simple moving average of $34.09. The company has a market cap of $5.88 billion, a P/E ratio of 34.75 and a beta of 1.23. Darling Ingredients Inc. has a one year low of $26.00 and a one year high of $43.49. The company has a current ratio of 1.40, a quick ratio of 0.83 and a debt-to-equity ratio of 0.84.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.36). The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.45 billion. Darling Ingredients had a net margin of 3.02% and a return on equity of 3.78%. The business's revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS. Equities analysts forecast that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DAR has been the topic of several recent research reports. Wall Street Zen raised shares of Darling Ingredients from a "sell" rating to a "hold" rating in a research note on Friday, April 25th. Tudor Pickering raised Darling Ingredients from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 11th. Robert W. Baird dropped their price objective 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 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. Finally, Jefferies Financial Group upped their price target on shares of Darling Ingredients from $45.00 to $46.00 and gave the stock a "buy" rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Darling Ingredients has a consensus rating of "Moderate Buy" and a consensus target price of $46.00.

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.