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

Trium Capital LLP raised its holdings in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 217.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,107 shares of the company's stock after purchasing an additional 11,722 shares during the quarter. Trium Capital LLP's holdings in Darling Ingredients were worth $534,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Darling Ingredients by 148.9% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company's stock worth $148,005,000 after acquiring an additional 2,627,785 shares during the last quarter. Norges Bank acquired a new stake in shares of Darling Ingredients during the fourth quarter worth $63,956,000. Dimensional Fund Advisors LP lifted its holdings in shares of Darling Ingredients by 14.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,453,845 shares of the company's stock worth $217,425,000 after buying an additional 791,157 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Darling Ingredients by 266.7% during the fourth quarter. Franklin Resources Inc. now owns 973,556 shares of the company's stock worth $32,799,000 after buying an additional 708,035 shares in the last quarter. Finally, Gates Capital Management Inc. lifted its holdings in shares of Darling Ingredients by 11.4% during the fourth quarter. Gates Capital Management Inc. now owns 6,668,443 shares of the company's stock worth $224,660,000 after buying an additional 682,529 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company's stock.

Darling Ingredients Price Performance

DAR traded up $1.15 during trading on Thursday, hitting $38.25. 2,428,046 shares of the stock traded hands, compared to its average volume of 2,253,202. Darling Ingredients Inc. has a twelve month low of $26.00 and a twelve month high of $43.49. The company has a market cap of $6.05 billion, a price-to-earnings ratio of 35.75 and a beta of 1.23. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.40 and a quick ratio of 0.83. The business has a 50 day moving average price of $34.91 and a 200 day moving average price of $34.14.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported ($0.16) EPS 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 analyst estimates of $1.45 billion. Darling Ingredients had a return on equity of 3.78% and a net margin of 3.02%. The firm's revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 EPS. Equities research analysts forecast that Darling Ingredients Inc. will post 2.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DAR. Jefferies Financial Group lifted their price target on shares of Darling Ingredients from $45.00 to $46.00 and gave the company a "buy" rating in a research report on Monday. Tudor Pickering upgraded shares of Darling Ingredients from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. Wall Street Zen upgraded shares of Darling Ingredients from a "sell" rating to a "hold" rating in a research report on Friday, April 25th. TD Cowen dropped their price target on shares of Darling Ingredients from $37.00 to $34.00 and set a "hold" rating for the company in a research report on Friday, April 25th. Finally, Robert W. Baird dropped their price target on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target 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.