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

Darling Ingredients (NYSE:DAR) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Monday.

DAR has been the topic of several other reports. Stephens reissued an “overweight” rating and set a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. Citigroup decreased their price objective on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Darling Ingredients presently has an average rating of “Moderate Buy” and an average target price of $52.75.

Darling Ingredients Trading Down 0.6 %

Shares of DAR opened at $29.68 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 17.16 and a beta of 1.25. The stock has a fifty day moving average price of $35.40 and a two-hundred day moving average price of $36.53. Darling Ingredients has a 52-week low of $27.20 and a 52-week high of $48.39.

Darling Ingredients (NYSE:DAR) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) 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%. Analysts predict that Darling Ingredients will post 2.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

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

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.