Graham Capital Management L.P. Trims Stake in Darling Ingredients Inc. (NYSE:DAR)

Graham Capital Management L.P. lowered its position in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 52.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,731 shares of the company's stock after selling 50,278 shares during the period. Graham Capital Management L.P.'s holdings in Darling Ingredients were worth $1,507,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of 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 valued at $148,005,000 after acquiring an additional 2,627,785 shares during the last quarter. Norges Bank purchased a new stake in shares of Darling Ingredients during the fourth quarter valued at approximately $63,956,000. Assenagon Asset Management S.A. increased its position in shares of Darling Ingredients by 203.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,844,297 shares of the company's stock valued at $62,134,000 after acquiring an additional 1,235,985 shares during the last quarter. Dimensional Fund Advisors LP increased its position 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 valued at $217,425,000 after acquiring an additional 791,157 shares during the last quarter. Finally, Franklin Resources Inc. increased its position 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 valued at $32,799,000 after acquiring an additional 708,035 shares during the last quarter. Institutional investors own 94.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Robert W. Baird decreased their target price on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. TD Cowen dropped their price target on Darling Ingredients from $37.00 to $34.00 and set a "hold" rating for the company in a research note on Friday, April 25th. Stephens reaffirmed an "overweight" rating and set a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. Citigroup decreased their price objective on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Finally, StockNews.com upgraded Darling Ingredients from a "sell" rating to a "hold" rating in a report on Friday, April 25th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Darling Ingredients has an average rating of "Moderate Buy" and an average price target of $50.33.

Darling Ingredients Stock Down 0.1%

DAR stock traded down $0.05 during midday trading on Friday, hitting $35.28. The company's stock had a trading volume of 2,425,080 shares, compared to its average volume of 2,261,773. The company has a market cap of $5.58 billion, a PE ratio of 20.39 and a beta of 1.25. Darling Ingredients Inc. has a 12 month low of $26.00 and a 12 month high of $43.55. 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 firm's 50-day moving average is $31.23 and its 200-day moving average is $35.07.

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

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.