Darling Ingredients (NYSE:DAR) Lowered to Sell Rating by StockNews.com

StockNews.com cut shares of Darling Ingredients (NYSE:DAR) from a hold rating to a sell rating in a research report report published on Wednesday morning.

Other equities analysts have also issued research reports about the stock. Citigroup cut their target price 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 reiterated an “overweight” rating and issued a $52.00 price objective on shares of Darling Ingredients in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $52.75.

Darling Ingredients Trading Up 2.6 %

NYSE:DAR opened at $33.10 on Wednesday. Darling Ingredients has a 12 month low of $27.20 and a 12 month high of $48.39. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The firm’s 50 day moving average is $34.85 and its 200 day moving average is $36.39. The stock has a market capitalization of $5.23 billion, a PE ratio of 19.13 and a beta of 1.19.

Darling Ingredients (NYSE:DAR) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.63 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%. Sell-side analysts expect that Darling Ingredients will post 2.81 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DAR. M&T Bank Corp grew its position in Darling Ingredients by 3.3% during the fourth quarter. M&T Bank Corp now owns 8,987 shares of the company’s stock worth $303,000 after buying an additional 286 shares in the last quarter. Ironwood Investment Management LLC grew its holdings in shares of Darling Ingredients by 0.7% during the fourth quarter. Ironwood Investment Management LLC now owns 41,957 shares of the company’s stock worth $1,414,000 after purchasing an additional 297 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Darling Ingredients by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 6,105 shares of the company’s stock worth $206,000 after purchasing an additional 337 shares during the last quarter. Metis Global Partners LLC raised its stake in Darling Ingredients by 4.3% in the fourth quarter. Metis Global Partners LLC now owns 9,786 shares of the company’s stock valued at $330,000 after purchasing an additional 406 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its position in Darling Ingredients by 5.7% during the third quarter. Glenmede Trust Co. NA now owns 7,609 shares of the company’s stock valued at $283,000 after purchasing an additional 412 shares during the last quarter. Institutional investors own 94.44% of the company’s stock.

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.