Darling Ingredients (NYSE:DAR) Cut to Sell at StockNews.com

StockNews.com lowered shares of Darling Ingredients (NYSE:DAR) from a hold rating to a sell rating in a report released on Monday morning.

A number of other brokerages have also recently commented on DAR. Stephens reaffirmed an “overweight” rating and issued a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. Citigroup lowered their target price on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.75.

Darling Ingredients Trading Up 2.9 %

DAR opened at $30.54 on Monday. Darling Ingredients has a fifty-two week low of $27.20 and a fifty-two week high of $48.39. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 17.65 and a beta of 1.25. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. The firm has a 50 day simple moving average of $35.27 and a 200 day simple moving average of $36.48.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, beating 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%. On average, sell-side analysts anticipate that Darling Ingredients will post 2.81 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DAR. Vanguard Group Inc. raised its holdings in shares of Darling Ingredients by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 15,567,996 shares of the company’s stock worth $524,486,000 after acquiring an additional 203,921 shares during the period. Gates Capital Management Inc. lifted its holdings in shares of Darling Ingredients by 11.4% in the fourth quarter. Gates Capital Management Inc. now owns 6,668,443 shares of the company’s stock valued at $224,660,000 after purchasing an additional 682,529 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Darling Ingredients by 14.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,453,845 shares of the company’s stock worth $217,425,000 after buying an additional 791,157 shares during the period. State Street Corp raised its position in Darling Ingredients by 5.7% in the 3rd quarter. State Street Corp now owns 5,357,815 shares of the company’s stock valued at $199,096,000 after buying an additional 289,407 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in Darling Ingredients by 148.9% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company’s stock worth $148,005,000 after acquiring an additional 2,627,785 shares during the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

About Darling Ingredients

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.