Barclays PLC Has $46.57 Million Position in Darling Ingredients Inc. (NYSE:DAR)

Barclays PLC raised its holdings in Darling Ingredients Inc. (NYSE:DAR) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,382,400 shares of the company’s stock after acquiring an additional 49,531 shares during the quarter. Barclays PLC’s holdings in Darling Ingredients were worth $46,572,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC lifted its stake in shares of Darling Ingredients by 26.7% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,435 shares of the company’s stock valued at $276,000 after purchasing an additional 1,566 shares during the last quarter. MML Investors Services LLC raised its holdings in Darling Ingredients by 17.6% during the third quarter. MML Investors Services LLC now owns 12,846 shares of the company’s stock valued at $477,000 after buying an additional 1,925 shares in the last quarter. M&T Bank Corp lifted its position in shares of Darling Ingredients by 26.7% in the third quarter. M&T Bank Corp now owns 8,701 shares of the company’s stock worth $323,000 after buying an additional 1,833 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Darling Ingredients by 1.4% in the third quarter. Geode Capital Management LLC now owns 2,739,621 shares of the company’s stock worth $101,830,000 after buying an additional 36,618 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of Darling Ingredients by 70.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 14,835 shares of the company’s stock worth $595,000 after acquiring an additional 6,151 shares in the last quarter. 94.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Robert W. Baird reduced their target price on Darling Ingredients from $51.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday. Citigroup reduced their price objective on shares of Darling Ingredients from $45.00 to $44.00 and set a “buy” rating for the company in a research note on Tuesday. StockNews.com lowered shares of Darling Ingredients from a “hold” rating to a “sell” rating in a research note on Wednesday, April 2nd. TD Cowen cut their target price on shares of Darling Ingredients from $43.00 to $37.00 and set a “hold” rating for the company in a research report on Friday, April 4th. Finally, Stephens reaffirmed an “overweight” rating and issued a $52.00 price target on shares of Darling Ingredients in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $50.78.

Darling Ingredients Stock Performance

NYSE DAR opened at $30.71 on Friday. The company’s fifty day moving average is $33.10 and its two-hundred day moving average is $35.80. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 17.75 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 52-week low of $26.00 and a 52-week high of $47.28.

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 research analysts forecast that Darling Ingredients Inc. will post 2.81 EPS 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.