Vontobel Holding Ltd. Has $555,000 Holdings in Darling Ingredients Inc. (NYSE:DAR)

Vontobel Holding Ltd. decreased its position in Darling Ingredients Inc. (NYSE:DAR) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,472 shares of the company’s stock after selling 369 shares during the quarter. Vontobel Holding Ltd.’s holdings in Darling Ingredients were worth $555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DAR. State Street Corp lifted its stake in Darling Ingredients by 5.7% during the third quarter. State Street Corp now owns 5,357,815 shares of the company’s stock worth $199,096,000 after purchasing an additional 289,407 shares during the last quarter. FMR LLC grew its stake in shares of Darling Ingredients by 17.3% in the 3rd quarter. FMR LLC now owns 3,324,217 shares of the company’s stock valued at $123,528,000 after buying an additional 491,477 shares during the period. Geode Capital Management LLC grew its stake in shares of Darling Ingredients by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,739,621 shares of the company’s stock valued at $101,830,000 after buying an additional 36,618 shares during the period. Assenagon Asset Management S.A. lifted its position in Darling Ingredients by 203.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,844,297 shares of the company’s stock valued at $62,134,000 after acquiring an additional 1,235,985 shares in the last quarter. Finally, Southernsun Asset Management LLC lifted its position in Darling Ingredients by 11.6% in the 3rd quarter. Southernsun Asset Management LLC now owns 1,487,458 shares of the company’s stock valued at $55,274,000 after acquiring an additional 154,038 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Stephens reissued an “overweight” rating and set a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd. JPMorgan Chase & Co. boosted their price target on shares of Darling Ingredients from $58.00 to $59.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Citigroup dropped their price objective 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. Finally, Jefferies Financial Group boosted their price target on shares of Darling Ingredients from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.22.

Darling Ingredients Stock Performance

Shares of NYSE:DAR opened at $38.33 on Thursday. The company has a market capitalization of $6.10 billion, a price-to-earnings ratio of 22.16 and a beta of 1.21. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. Darling Ingredients Inc. has a 12 month low of $32.55 and a 12 month high of $48.39. The firm’s 50-day moving average is $36.04 and its 200 day moving average is $37.57.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, topping 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%. Research analysts predict that Darling Ingredients Inc. will post 2.81 EPS for the current year.

About Darling Ingredients

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.