Leeward Investments LLC MA Has $7.77 Million Stock Holdings in Darling Ingredients Inc. (NYSE:DAR)

Leeward Investments LLC MA decreased its stake in Darling Ingredients Inc. (NYSE:DAR) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 230,631 shares of the company’s stock after selling 7,893 shares during the period. Leeward Investments LLC MA owned approximately 0.15% of Darling Ingredients worth $7,770,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of DAR. Heck Capital Advisors LLC acquired a new stake in shares of Darling Ingredients during the 4th quarter worth approximately $25,000. Signaturefd LLC boosted its holdings in Darling Ingredients by 75.0% during the third quarter. Signaturefd LLC now owns 901 shares of the company’s stock valued at $33,000 after purchasing an additional 386 shares in the last quarter. Blue Trust Inc. boosted its holdings in Darling Ingredients by 38.0% during the third quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock valued at $38,000 after purchasing an additional 288 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in Darling Ingredients by 157.1% during the fourth 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. Finally, Ashton Thomas Securities LLC acquired a new stake in Darling Ingredients during the third quarter valued at approximately $58,000. Institutional investors and hedge funds own 94.44% of the company’s stock.

Darling Ingredients Trading Down 1.0 %

DAR stock opened at $39.18 on Monday. The business has a fifty day moving average price of $36.21 and a 200 day moving average price of $37.64. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 22.65 and a beta of 1.21. 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 fifty-two week low of $32.55 and a fifty-two week high of $48.39.

Darling Ingredients (NYSE:DAR) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. Analysts expect that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DAR has been the subject of several recent analyst reports. Stephens reiterated an “overweight” rating and set a $52.00 price objective on shares of Darling Ingredients in a research note on Thursday, January 23rd. JPMorgan Chase & Co. increased their price objective on Darling Ingredients from $58.00 to $59.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Finally, Citigroup dropped their price objective on 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 research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Darling Ingredients presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.22.

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.