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

Sycomore Asset Management increased its position in Darling Ingredients Inc. (NYSE:DAR) by 101.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,096 shares of the company’s stock after purchasing an additional 65,444 shares during the quarter. Sycomore Asset Management owned 0.08% of Darling Ingredients worth $4,743,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in shares of Darling Ingredients during the fourth quarter worth about $25,000. GAMMA Investing LLC increased its holdings in Darling Ingredients by 173.9% during the 3rd quarter. GAMMA Investing LLC now owns 830 shares of the company’s stock worth $31,000 after purchasing an additional 527 shares during the last quarter. Signaturefd LLC raised its position in shares of Darling Ingredients by 75.0% in the 3rd quarter. Signaturefd LLC now owns 901 shares of the company’s stock valued at $33,000 after purchasing an additional 386 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Darling Ingredients by 38.0% during the 3rd quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock valued at $38,000 after buying an additional 288 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB grew its position in shares of Darling Ingredients by 157.1% during the fourth 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. 94.44% of the stock is owned by institutional investors and hedge funds.

Darling Ingredients Trading Up 3.2 %

NYSE:DAR opened at $39.74 on Monday. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 22.97 and a beta of 1.21. The business has a fifty day moving average of $35.51 and a 200-day moving average of $37.48. Darling Ingredients Inc. has a 1 year low of $32.55 and a 1 year high of $48.39. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41.

Darling Ingredients (NYSE:DAR) last released its earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, topping 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%. Equities analysts predict that Darling Ingredients Inc. will post 2.79 earnings per share for the current year.

Wall Street Analyst Weigh In

DAR has been the topic of a number of research analyst reports. Stephens reiterated an “overweight” rating and set a $52.00 price objective on shares of Darling Ingredients in a research note on Thursday, January 23rd. Jefferies Financial Group increased their price target on shares of Darling Ingredients from $44.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. lifted their price target on Darling Ingredients from $58.00 to $59.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Finally, Citigroup cut their price objective on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $53.22.

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.