Darling Ingredients Inc. (NYSE:DAR) Shares Acquired by Triodos Investment Management BV

Triodos Investment Management BV raised its stake in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 734,714 shares of the company's stock after purchasing an additional 70,000 shares during the quarter. Darling Ingredients accounts for about 3.6% of Triodos Investment Management BV's portfolio, making the stock its 8th biggest position. Triodos Investment Management BV owned approximately 0.46% of Darling Ingredients worth $36,618,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC lifted its stake in Darling Ingredients by 137.6% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 22,595 shares of the company's stock valued at $1,126,000 after acquiring an additional 13,086 shares in the last quarter. Pacific Global Investment Management Co. raised its holdings in shares of Darling Ingredients by 15.8% in the fourth quarter. Pacific Global Investment Management Co. now owns 34,321 shares of the company's stock valued at $1,711,000 after purchasing an additional 4,676 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Darling Ingredients by 9.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 4,290 shares of the company's stock valued at $214,000 after purchasing an additional 371 shares in the last quarter. Jump Financial LLC purchased a new position in Darling Ingredients during the fourth quarter worth about $1,106,000. Finally, NBC Securities Inc. boosted its holdings in Darling Ingredients by 13.5% during the fourth quarter. NBC Securities Inc. now owns 17,754 shares of the company's stock worth $884,000 after purchasing an additional 2,107 shares during the last quarter. Institutional investors own 94.44% of the company's stock.

Insider Activity at Darling Ingredients

In other news, Director Kurt Stoffel purchased 8,000 shares of the stock in a transaction dated Thursday, February 29th. The shares were purchased at an average cost 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 in the company, valued at approximately $439,965.02. The transaction was disclosed in a document filed with the SEC, which is available at this link. 2.26% of the stock is currently owned by corporate insiders.

Darling Ingredients Stock Performance

Shares of DAR traded down $1.85 during trading hours on Tuesday, hitting $44.78. The company's stock had a trading volume of 3,124,064 shares, compared to its average volume of 2,085,735. The business has a 50 day simple moving average of $44.41 and a two-hundred day simple moving average of $44.60. Darling Ingredients Inc. has a 52-week low of $38.97 and a 52-week high of $71.60. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 0.96. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 13.41 and a beta of 1.31.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.01). The business had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.48 billion. Darling Ingredients had a net margin of 8.46% and a return on equity of 12.22%. The firm's quarterly revenue was down 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.16 earnings per share. On average, equities analysts expect that Darling Ingredients Inc. will post 2.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on DAR shares. JPMorgan Chase & Co. dropped their target price on shares of Darling Ingredients from $66.00 to $62.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 17th. Stifel Nicolaus cut their price objective on Darling Ingredients from $95.00 to $90.00 and set a "buy" rating on the stock in a research report on Monday, April 8th. Citigroup upped their price objective on Darling Ingredients from $46.00 to $48.00 and gave the company a "neutral" rating in a research note on Wednesday, April 3rd. Scotiabank lowered their target price on Darling Ingredients from $73.00 to $57.00 and set a "sector outperform" rating on the stock in a research note on Thursday, April 11th. Finally, Stephens reduced their price target on shares of Darling Ingredients from $55.00 to $50.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $72.55.

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.

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