Barrow Hanley Mewhinney & Strauss LLC Has $148.01 Million Holdings in Darling Ingredients Inc. (NYSE:DAR)

Barrow Hanley Mewhinney & Strauss LLC boosted its position in Darling Ingredients Inc. (NYSE:DAR) by 148.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,393,153 shares of the company’s stock after purchasing an additional 2,627,785 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Darling Ingredients were worth $148,005,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DAR. Charles Schwab Investment Management Inc. boosted its position in shares of Darling Ingredients by 2.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,080,056 shares of the company’s stock valued at $40,135,000 after purchasing an additional 25,734 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of Darling Ingredients by 127.7% during the 3rd quarter. Bank of Montreal Can now owns 112,252 shares of the company’s stock worth $4,239,000 after buying an additional 62,958 shares in the last quarter. FMR LLC grew its position in shares of Darling Ingredients by 17.3% during the 3rd quarter. FMR LLC now owns 3,324,217 shares of the company’s stock worth $123,528,000 after buying an additional 491,477 shares during the period. Townsquare Capital LLC increased its stake in shares of Darling Ingredients by 52.4% in the 3rd quarter. Townsquare Capital LLC now owns 12,395 shares of the company’s stock valued at $461,000 after acquiring an additional 4,261 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its position in shares of Darling Ingredients by 5.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 7,609 shares of the company’s stock valued at $283,000 after acquiring an additional 412 shares during the period. Institutional investors own 94.44% of the company’s stock.

Darling Ingredients Stock Down 1.0 %

DAR stock opened at $31.58 on Friday. The firm has a market capitalization of $4.99 billion, a PE ratio of 18.25 and a beta of 1.25. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. Darling Ingredients Inc. has a twelve month low of $27.20 and a twelve month high of $48.39. The stock’s 50 day moving average is $35.06 and its 200-day moving average is $36.44.

Darling Ingredients (NYSE:DAR) last posted 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 net margin of 4.88% and a return on equity of 6.04%. Sell-side analysts expect that Darling Ingredients Inc. will post 2.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on DAR shares. StockNews.com cut shares of Darling Ingredients from a “hold” rating to a “sell” rating in a report on Monday, March 24th. Stephens restated an “overweight” rating and issued a $52.00 target price on shares of Darling Ingredients in a research note on Thursday, January 23rd. Finally, Citigroup dropped their price target on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. One 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.