Darling Ingredients Inc. (NYSE:DAR) Shares Acquired by Southernsun Asset Management LLC

Southernsun Asset Management LLC increased its holdings in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,567,052 shares of the company's stock after acquiring an additional 79,594 shares during the period. Darling Ingredients makes up 6.6% of Southernsun Asset Management LLC's investment portfolio, making the stock its 3rd largest holding. Southernsun Asset Management LLC owned about 0.99% of Darling Ingredients worth $52,794,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DAR. Vanguard Group Inc. lifted its position in shares of Darling Ingredients by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 15,567,996 shares of the company's stock valued at $524,486,000 after acquiring an additional 203,921 shares in the last quarter. Dimensional Fund Advisors LP grew its stake 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 buying an additional 791,157 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake 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 buying an additional 2,627,785 shares during the last quarter. FMR LLC grew its stake in Darling Ingredients by 17.9% in the fourth quarter. FMR LLC now owns 3,919,542 shares of the company's stock worth $132,049,000 after purchasing an additional 595,325 shares in the last quarter. Finally, Schroder Investment Management Group increased its stake in shares of Darling Ingredients by 19.2% during the fourth quarter. Schroder Investment Management Group now owns 2,425,277 shares of the company's stock valued at $80,034,000 after buying an additional 389,980 shares during the period. Institutional investors own 94.44% of the company's stock.

Darling Ingredients Stock Up 5.0 %

Darling Ingredients stock traded up $1.53 during midday trading on Friday, hitting $31.98. 3,456,962 shares of the company were exchanged, compared to its average volume of 2,250,019. The company's fifty day moving average price is $31.72 and its 200-day moving average price is $35.50. The company has a market cap of $5.06 billion, a PE ratio of 18.49 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. Darling Ingredients Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $47.28.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.36). The firm 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%. On average, research analysts predict that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DAR has been the subject of a number of recent research reports. Robert W. Baird reduced their target price on shares of Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating for the company in a report on Friday. StockNews.com upgraded Darling Ingredients from a "sell" rating to a "hold" rating in a research report on Friday. Stephens restated an "overweight" rating and issued a $52.00 price objective on shares of Darling Ingredients in a research report on Thursday, January 23rd. Citigroup decreased their target price on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, 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 report on Friday. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $50.33.

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.