DAR has been the subject of several other reports. Zacks Investment Research lowered Darling Ingredients from a buy rating to a sell rating in a research report on Monday, October 16th. Canaccord Genuity upped their target price on Darling Ingredients from $18.00 to $20.00 and gave the company a buy rating in a research report on Monday, November 6th. Finally, Roth Capital set a $20.00 target price on Darling Ingredients and gave the company a buy rating in a research report on Tuesday, October 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $19.33.
Shares of Darling Ingredients (NYSE:DAR) opened at $18.17 on Monday. The firm has a market capitalization of $3,021.91, a price-to-earnings ratio of 46.59 and a beta of 1.48. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.07. Darling Ingredients has a 1-year low of $12.45 and a 1-year high of $19.50.
Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Darling Ingredients by 1.8% in the fourth quarter. BlackRock Inc. now owns 20,938,002 shares of the company’s stock worth $379,606,000 after buying an additional 380,289 shares during the last quarter. Earnest Partners LLC boosted its position in Darling Ingredients by 13.6% during the fourth quarter. Earnest Partners LLC now owns 4,524,951 shares of the company’s stock worth $82,037,000 after purchasing an additional 540,447 shares in the last quarter. State Street Corp boosted its position in Darling Ingredients by 2.9% during the second quarter. State Street Corp now owns 4,258,577 shares of the company’s stock worth $67,028,000 after purchasing an additional 119,139 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Darling Ingredients by 1,090.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,176,259 shares of the company’s stock worth $73,168,000 after purchasing an additional 3,825,542 shares in the last quarter. Finally, Eagle Asset Management Inc. boosted its position in Darling Ingredients by 1.8% during the third quarter. Eagle Asset Management Inc. now owns 2,888,555 shares of the company’s stock worth $51,820,000 after purchasing an additional 50,174 shares in the last quarter. Hedge funds and other institutional investors own 98.90% of the company’s stock.
Darling Ingredients Company Profile
Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.
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