Asset Management One Co. Ltd. Has $3.80 Million Stake in Darling Ingredients Inc. (NYSE:DAR)

Asset Management One Co. Ltd. grew its position in Darling Ingredients Inc. (NYSE:DAR) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,577 shares of the company’s stock after purchasing an additional 10,698 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Darling Ingredients were worth $3,795,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC grew its position in shares of Darling Ingredients by 107,533.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,663,509 shares of the company’s stock valued at $479,659,000 after purchasing an additional 7,656,389 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Darling Ingredients by 10.4% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,755,861 shares of the company’s stock valued at $248,256,000 after purchasing an additional 446,483 shares during the last quarter. State Street Corp grew its position in shares of Darling Ingredients by 1.4% in the second quarter. State Street Corp now owns 4,617,316 shares of the company’s stock valued at $276,115,000 after purchasing an additional 61,858 shares during the last quarter. Deutsche Bank AG grew its position in shares of Darling Ingredients by 2.5% in the first quarter. Deutsche Bank AG now owns 3,900,896 shares of the company’s stock valued at $227,812,000 after purchasing an additional 96,983 shares during the last quarter. Finally, FMR LLC grew its position in shares of Darling Ingredients by 9.3% in the third quarter. FMR LLC now owns 3,204,162 shares of the company’s stock valued at $167,257,000 after purchasing an additional 272,184 shares during the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

Darling Ingredients Stock Down 4.5 %

NYSE DAR opened at $45.43 on Friday. The business has a fifty day moving average price of $43.78 and a two-hundred day moving average price of $45.10. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.86 and a quick ratio of 1.10. Darling Ingredients Inc. has a fifty-two week low of $38.97 and a fifty-two week high of $71.60. The stock has a market capitalization of $7.26 billion, a PE ratio of 11.41 and a beta of 1.29.

Darling Ingredients (NYSE:DAR) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.12). The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.65 billion. Darling Ingredients had a return on equity of 15.05% and a net margin of 9.54%. Equities analysts expect that Darling Ingredients Inc. will post 3.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Stifel Nicolaus cut their price target on Darling Ingredients from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Monday. BMO Capital Markets cut their price target on Darling Ingredients from $60.00 to $57.00 and set an “outperform” rating for the company in a research note on Thursday, February 29th. Scotiabank cut their price target on Darling Ingredients from $73.00 to $57.00 and set a “sector outperform” rating for the company in a research note on Thursday. Citigroup boosted their price target on Darling Ingredients from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Finally, Stephens cut their price target on Darling Ingredients from $55.00 to $50.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Darling Ingredients has an average rating of “Moderate Buy” and an average price target of $73.82.

Insider Buying and Selling at Darling Ingredients

In other news, Director Kurt Stoffel bought 8,000 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was purchased at an average cost of $41.62 per share, for a total transaction of $332,960.00. Following the completion of the transaction, the director now owns 10,571 shares of the company’s stock, valued at $439,965.02. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.26% of the company’s stock.

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.