Inceptionr LLC Boosts Stake in Darling Ingredients Inc. (NYSE:DAR)

Inceptionr LLC grew its stake in Darling Ingredients Inc. (NYSE:DAR) by 156.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,034 shares of the company’s stock after buying an additional 15,893 shares during the period. Inceptionr LLC’s holdings in Darling Ingredients were worth $877,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DAR. Assenagon Asset Management S.A. raised its holdings in shares of Darling Ingredients by 203.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,844,297 shares of the company’s stock worth $62,134,000 after purchasing an additional 1,235,985 shares during the last quarter. Paloma Partners Management Co raised its holdings in shares of Darling Ingredients by 2,140.4% during the third quarter. Paloma Partners Management Co now owns 877,200 shares of the company’s stock worth $32,597,000 after purchasing an additional 838,047 shares during the last quarter. Erste Asset Management GmbH purchased a new position in shares of Darling Ingredients during the third quarter worth $30,545,000. ING Groep NV raised its holdings in shares of Darling Ingredients by 244.1% during the third quarter. ING Groep NV now owns 810,100 shares of the company’s stock worth $30,103,000 after purchasing an additional 574,700 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Darling Ingredients by 17.3% during the third quarter. FMR LLC now owns 3,324,217 shares of the company’s stock worth $123,528,000 after purchasing an additional 491,477 shares during the last quarter. Hedge funds and other institutional investors own 94.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DAR. Citigroup reduced their target price on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Stephens restated an “overweight” rating and set a $52.00 price target on shares of Darling Ingredients in a research report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $52.75.

Darling Ingredients Stock Down 2.3 %

DAR stock opened at $32.72 on Friday. The firm’s fifty day moving average is $36.57 and its 200 day moving average is $37.51. Darling Ingredients Inc. has a one year low of $31.87 and a one year high of $48.39. The firm has a market cap of $5.20 billion, a PE ratio of 18.91 and a beta of 1.21. 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 (NYSE:DAR) last announced its earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. On average, research analysts forecast that Darling Ingredients Inc. will post 2.81 EPS for the current year.

Darling Ingredients 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.