CFO4Life Group LLC Sells 6,995 Shares of Darling Ingredients Inc. (NYSE:DAR)

CFO4Life Group LLC lessened its holdings in shares of Darling Ingredients Inc. (NYSE:DAR) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 237,030 shares of the company’s stock after selling 6,995 shares during the quarter. Darling Ingredients comprises 1.4% of CFO4Life Group LLC’s investment portfolio, making the stock its 17th largest position. CFO4Life Group LLC’s holdings in Darling Ingredients were worth $7,986,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Heck Capital Advisors LLC bought a new stake in Darling Ingredients in the 4th quarter worth approximately $25,000. Wilmington Savings Fund Society FSB lifted its position in Darling Ingredients by 157.1% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company’s stock worth $40,000 after buying an additional 721 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Darling Ingredients in the 3rd quarter worth approximately $58,000. Farther Finance Advisors LLC lifted its position in Darling Ingredients by 69.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company’s stock worth $69,000 after buying an additional 758 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in Darling Ingredients by 42.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company’s stock worth $86,000 after buying an additional 687 shares during the last quarter. Institutional investors own 94.44% of the company’s stock.

Darling Ingredients Stock Performance

Shares of DAR stock opened at $29.57 on Thursday. 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 fifty-two week low of $29.49 and a fifty-two week high of $48.39. The stock has a 50 day moving average price of $36.43 and a two-hundred day moving average price of $37.28. The company has a market capitalization of $4.70 billion, a P/E ratio of 17.09 and a beta of 1.25.

Darling Ingredients (NYSE:DAR) last posted 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 return on equity of 6.04% and a net margin of 4.88%. Analysts expect that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Citigroup dropped their target price on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. StockNews.com upgraded Darling Ingredients from a “sell” rating to a “hold” rating in a research report on Friday, March 7th. Finally, Stephens restated an “overweight” rating and issued a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Darling Ingredients has a consensus rating of “Moderate Buy” and a consensus price target of $52.75.

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.