Two Sigma Advisers LP Decreases Stake in Darling Ingredients (DAR)

Two Sigma Advisers LP decreased its position in Darling Ingredients (NYSE:DAR) by 12.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 114,916 shares of the company’s stock after selling 15,700 shares during the quarter. Two Sigma Advisers LP owned 0.07% of Darling Ingredients worth $2,083,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DAR. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Darling Ingredients by 54.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,923 shares of the company’s stock worth $144,000 after acquiring an additional 2,808 shares in the last quarter. Assetmark Inc. acquired a new position in shares of Darling Ingredients in the 4th quarter worth approximately $163,000. MML Investors Services LLC acquired a new position in shares of Darling Ingredients in the 4th quarter worth approximately $223,000. Public Employees Retirement Association of Colorado acquired a new position in shares of Darling Ingredients in the 4th quarter worth approximately $237,000. Finally, Connable Office Inc. acquired a new position in shares of Darling Ingredients in the 4th quarter worth approximately $254,000. Institutional investors own 99.97% of the company’s stock.

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Several research analysts have recently commented on DAR shares. Goldman Sachs reiterated a “neutral” rating on shares of Darling Ingredients in a research report on Thursday, March 1st. Zacks Investment Research lowered Darling Ingredients from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. TheStreet raised Darling Ingredients from a “c+” rating to a “b” rating in a report on Tuesday, March 20th. BMO Capital Markets downgraded Darling Ingredients from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $19.00 to $20.00 in a report on Thursday, March 1st. They noted that the move was a valuation call. Finally, ValuEngine raised Darling Ingredients from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $19.71.

Shares of NYSE DAR opened at $17.08 on Monday. The company has a market capitalization of $2,812.67, a P/E ratio of 71.17 and a beta of 1.41. Darling Ingredients has a 12-month low of $14.19 and a 12-month high of $19.50. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.07 and a current ratio of 1.71.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The business had revenue of $952.55 million for the quarter, compared to the consensus estimate of $896.87 million. Darling Ingredients had a return on equity of 1.82% and a net margin of 3.50%. research analysts forecast that Darling Ingredients will post 1 earnings per share for the current year.

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Darling Ingredients Profile

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

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Institutional Ownership by Quarter for Darling Ingredients (NYSE:DAR)

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