Darling Ingredients (NYSE:DAR) Stock Price Down 3.9%

Darling Ingredients Inc. (NYSE:DAR - Get Free Report)'s stock price fell 3.9% on Thursday . The company traded as low as $45.64 and last traded at $45.73. 433,386 shares were traded during trading, a decline of 79% from the average session volume of 2,040,737 shares. The stock had previously closed at $47.59.

Analysts Set New Price Targets

A number of research firms have weighed in on DAR. Citigroup upped their price objective on shares of Darling Ingredients from $46.00 to $48.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 3rd. Scotiabank dropped their target price on shares of Darling Ingredients from $73.00 to $57.00 and set a "sector outperform" rating for the company in a report on Thursday. BMO Capital Markets dropped their target price on shares of Darling Ingredients from $60.00 to $57.00 and set an "outperform" rating for the company in a report on Thursday, February 29th. Stephens dropped their target price on shares of Darling Ingredients from $55.00 to $50.00 and set an "equal weight" rating for the company in a report on Wednesday, January 24th. Finally, Stifel Nicolaus dropped their target price on shares of Darling Ingredients from $95.00 to $90.00 and set a "buy" rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Darling Ingredients presently has an average rating of "Moderate Buy" and a consensus target price of $73.82.

Darling Ingredients Price Performance

The company has a debt-to-equity ratio of 0.93, a current ratio of 1.86 and a quick ratio of 1.10. The stock's fifty day moving average is $43.74 and its 200-day moving average is $45.09. The stock has a market cap of $7.26 billion, a PE ratio of 11.50 and a beta of 1.29.

Darling Ingredients (NYSE:DAR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.12). Darling Ingredients had a net margin of 9.54% and a return on equity of 15.05%. The firm had revenue of $1.61 billion during the quarter, compared to analysts' expectations of $1.65 billion. As a group, equities analysts anticipate that Darling Ingredients Inc. will post 3.61 EPS for the current year.

Insider Activity at Darling Ingredients

In other news, Director Kurt Stoffel acquired 8,000 shares of the company's stock in a transaction that occurred on Thursday, February 29th. The stock was purchased at an average price of $41.62 per share, with a total value of $332,960.00. Following the completion of the acquisition, the director now owns 10,571 shares of the company's stock, valued at approximately $439,965.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.26% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Darling Ingredients by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 15,378,170 shares of the company's stock worth $766,448,000 after purchasing an additional 83,219 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its position in shares of Darling Ingredients by 107,533.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,663,509 shares of the company's stock worth $479,659,000 after purchasing an additional 7,656,389 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of Darling Ingredients by 10.4% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,755,861 shares of the company's stock worth $248,256,000 after purchasing an additional 446,483 shares in the last quarter. State Street Corp lifted its position in shares of Darling Ingredients by 1.4% during the second quarter. State Street Corp now owns 4,617,316 shares of the company's stock worth $276,115,000 after purchasing an additional 61,858 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in shares of Darling Ingredients by 2.5% during the first quarter. Deutsche Bank AG now owns 3,900,896 shares of the company's stock worth $227,812,000 after purchasing an additional 96,983 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company's stock.

About Darling Ingredients

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.