WINTON GROUP Ltd Buys New Stake in Darling Ingredients Inc. (NYSE:DAR)

WINTON GROUP Ltd bought a new position in shares of Darling Ingredients Inc. (NYSE:DAR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 26,228 shares of the company’s stock, valued at approximately $884,000.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Darling Ingredients by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 15,567,996 shares of the company’s stock worth $524,486,000 after purchasing an additional 203,921 shares during the period. LPL Financial LLC grew its holdings in Darling Ingredients by 13.6% in the 4th quarter. LPL Financial LLC now owns 33,100 shares of the company’s stock valued at $1,115,000 after buying an additional 3,954 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Darling Ingredients in the 4th quarter worth approximately $1,088,000. AXQ Capital LP acquired a new position in shares of Darling Ingredients during the fourth quarter worth approximately $735,000. Finally, American Century Companies Inc. boosted its position in shares of Darling Ingredients by 1,003.0% in the fourth quarter. American Century Companies Inc. now owns 578,908 shares of the company’s stock valued at $19,503,000 after acquiring an additional 526,425 shares during the period. 94.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on DAR. Stephens reaffirmed an “overweight” rating and set a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd. StockNews.com lowered shares of Darling Ingredients from a “hold” rating to a “sell” rating in a research report on Monday, March 24th. Finally, Citigroup decreased their target price on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $52.75.

Darling Ingredients Stock Performance

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

Darling Ingredients (NYSE:DAR) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share 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%. As a group, research analysts forecast that Darling Ingredients Inc. will post 2.81 earnings per share for the current fiscal year.

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.