Callan Family Office LLC Purchases Shares of 14,711 Darling Ingredients Inc. (NYSE:DAR)

Callan Family Office LLC purchased a new stake in Darling Ingredients Inc. (NYSE:DAR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,711 shares of the company’s stock, valued at approximately $496,000.

Several other large investors also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new stake in shares of Darling Ingredients during the 4th quarter worth about $25,000. Wilmington Savings Fund Society FSB raised its position in shares of Darling Ingredients by 157.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company’s stock worth $40,000 after buying an additional 721 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Darling Ingredients during the 3rd quarter worth about $58,000. Farther Finance Advisors LLC raised its position in shares of Darling Ingredients by 69.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company’s stock worth $69,000 after buying an additional 758 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of Darling Ingredients by 42.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company’s stock worth $86,000 after buying an additional 687 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

Wall Street Analyst Weigh In

DAR has been the subject of a number of research analyst reports. StockNews.com raised shares of Darling Ingredients from a “sell” rating to a “hold” rating in a report on Friday. Stephens reissued an “overweight” rating and set a $52.00 target price on shares of Darling Ingredients in a research note on Thursday, January 23rd. Finally, Citigroup reduced their target price on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.75.

Darling Ingredients Stock Down 1.6 %

DAR stock opened at $32.24 on Monday. Darling Ingredients Inc. has a twelve month low of $31.87 and a twelve month high of $48.39. The company has a market cap of $5.12 billion, a PE ratio of 18.64 and a beta of 1.25. The business’s 50-day simple moving average is $36.53 and its 200 day simple moving average is $37.40. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.15. Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. On average, research analysts anticipate that Darling Ingredients Inc. will post 2.81 earnings per share for the current 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.