3 days Ago By ABMN Staff
California Public Employees Retirement System boosted its stake in shares of Darling Ingredients Inc. ( NYSE:DAR – Free Report ) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 296,913 shares of the company’s stock after acquiring an additional 3,801 shares during the quarter. California Public Employees Retirement System’s holdings in Darling Ingredients were worth $10,003,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors also recently modified their holdings of the company.
Sycomore Asset Management lifted its holdings in shares of Darling Ingredients by 101.2% during the fourth quarter. Sycomore Asset Management now owns 130,096 shares of the company’s stock worth $4,743,000 after purchasing an additional 65,444 shares during the period.
KBC Group NV lifted its stake in shares of Darling Ingredients by 180.1% in the 4th quarter. KBC Group NV now owns 104,143 shares of the company’s stock worth $3,509,000 after acquiring an additional 66,966 shares during the period.
AXQ Capital LP purchased a new stake in shares of Darling Ingredients in the fourth quarter valued at about $735,000. Assenagon Asset Management S.A.
boosted its holdings in shares of Darling Ingredients by 203.2% in the fourth quarter. Assenagon Asset Management S.
A. now owns 1,844,297 shares of the company’s stock valued at $62,134,000 after acquiring an additional 1,235,985 shares in the last quarter. Finally, Raymond James Financial Inc.
acquired a new position in shares of Darling Ingredients during the fourth quarter worth about $13,769,000. 94.44% of the stock is currently owned by hedge funds and other institutional investors.
Darling Ingredients Stock Down 7.2 % Darling Ingredients stock opened at $29.21 on Monday.
Darling Ingredients Inc. has a fifty-two week low of $27.20 and a fifty-two week high of $48.
39. The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of 16.
88 and a beta of 1.19. The stock’s fifty day moving average is $34.
63 and its two-hundred day moving average is $36.33. The company has a debt-to-equity ratio of 0.
89, a quick ratio of 0.83 and a current ratio of 1.41.
Analyst Upgrades and Downgrades DAR has been the subject of a number of recent analyst reports. Citigroup reduced their price objective on shares of Darling Ingredients from $46.00 to $44.
00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Stephens restated an “overweight” rating and issued a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd.
StockNews.com lowered Darling Ingredients from a “hold” rating to a “sell” rating in a report on Wednesday, April 2nd. Finally, TD Cowen reduced their target price on Darling Ingredients from $43.
00 to $37.00 and set a “hold” rating for the company in a report on Friday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock.
According to data from MarketBeat.com, Darling Ingredients presently has an average rating of “Moderate Buy” and an average target price of $52.00.
Read Our Latest Analysis on Darling Ingredients Darling Ingredients Company Profile ( Free Report ) 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.
See Also Want to see what other hedge funds are holding DAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Darling Ingredients Inc. ( NYSE:DAR – Free Report ).
Receive News & Ratings for Darling Ingredients Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darling Ingredients and related companies with MarketBeat.com's FREE daily email newsletter ..
