Darling Ingredients Inc. (NYSE:DAR) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC cut its holdings in shares of Darling Ingredients Inc. (NYSE:DAR) by 63.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,437 shares of the company’s stock after selling 10,962 shares during the quarter. Emerald Advisers LLC’s holdings in Darling Ingredients were worth $217,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DAR. Heck Capital Advisors LLC acquired a new stake in shares of Darling Ingredients in the fourth quarter valued at $25,000. Wilmington Savings Fund Society FSB raised its position in Darling Ingredients by 157.1% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company’s stock valued at $40,000 after purchasing an additional 721 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Darling Ingredients by 42.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company’s stock valued at $86,000 after buying an additional 687 shares during the period. Palouse Capital Management Inc. acquired a new position in shares of Darling Ingredients during the fourth quarter worth about $86,000. Finally, Avanza Fonder AB purchased a new stake in shares of Darling Ingredients during the fourth quarter worth approximately $145,000. Hedge funds and other institutional investors own 94.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on DAR shares. StockNews.com upgraded shares of Darling Ingredients from a “sell” rating to a “hold” rating in a report on Friday, March 7th. Stephens reiterated 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 dropped their target price on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $52.75.

Darling Ingredients Price Performance

Shares of DAR opened at $29.87 on Monday. 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 1-year low of $27.20 and a 1-year high of $48.39. The stock has a market cap of $4.74 billion, a PE ratio of 17.26 and a beta of 1.25. The firm has a fifty day moving average price of $35.67 and a 200 day moving average price of $36.64.

Darling Ingredients (NYSE:DAR) last posted its earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.15. Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. As a group, sell-side analysts anticipate that Darling Ingredients Inc. will post 2.81 EPS for the current year.

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.