LGT Group Foundation Purchases 1,019 Shares of Darling Ingredients Inc. (NYSE:DAR)

LGT Group Foundation raised its position in shares of Darling Ingredients Inc. (NYSE:DAR) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,796 shares of the company’s stock after purchasing an additional 1,019 shares during the period. LGT Group Foundation’s holdings in Darling Ingredients were worth $1,139,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DAR. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Darling Ingredients by 16.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,778 shares of the company’s stock worth $252,000 after acquiring an additional 952 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of Darling Ingredients by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 18,560 shares of the company’s stock worth $689,000 after acquiring an additional 1,250 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Darling Ingredients by 2.6% in the third quarter. Nisa Investment Advisors LLC now owns 12,015 shares of the company’s stock worth $446,000 after acquiring an additional 310 shares during the period. US Bancorp DE boosted its holdings in shares of Darling Ingredients by 34.9% in the third quarter. US Bancorp DE now owns 98,888 shares of the company’s stock worth $3,675,000 after acquiring an additional 25,607 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Darling Ingredients by 69.2% in the third quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company’s stock worth $69,000 after acquiring an additional 758 shares during the period. 94.44% of the stock is owned by institutional investors.

Darling Ingredients Trading Down 4.8 %

Shares of DAR stock opened at $34.36 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41. Darling Ingredients Inc. has a 52-week low of $32.55 and a 52-week high of $48.39. The company has a market capitalization of $5.46 billion, a PE ratio of 19.86 and a beta of 1.21. The business’s fifty day moving average is $36.56 and its 200 day moving average is $37.63.

Darling Ingredients (NYSE:DAR) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping 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, equities research analysts anticipate that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Stephens reaffirmed an “overweight” rating and issued a $52.00 price target on shares of Darling Ingredients in a report on Thursday, January 23rd. Citigroup cut their price target on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Darling Ingredients has an average rating of “Moderate Buy” and an average price target of $52.75.

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.