Darling Ingredients (NYSE:DAR) Downgraded by StockNews.com to “Sell”

Darling Ingredients (NYSE:DAR) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Wednesday.

DAR has been the topic of several other reports. Citigroup lowered their price objective on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Stephens reissued an “overweight” rating and set a $52.00 price target on shares of Darling Ingredients in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.75.

Darling Ingredients Price Performance

NYSE:DAR opened at $32.28 on Wednesday. The stock’s 50-day simple moving average is $34.89 and its 200 day simple moving average is $36.42. Darling Ingredients has a 52-week low of $27.20 and a 52-week high of $48.39. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41. The company has a market cap of $5.10 billion, a P/E ratio of 18.66 and a beta of 1.25.

Darling Ingredients (NYSE:DAR) last posted 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 return on equity of 6.04% and a net margin of 4.88%. As a group, sell-side analysts forecast that Darling Ingredients will post 2.81 EPS for the current fiscal year.

Institutional Trading of Darling Ingredients

Several institutional investors have recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its position in shares of Darling Ingredients by 127.7% in the third quarter. Bank of Montreal Can now owns 112,252 shares of the company’s stock valued at $4,239,000 after acquiring an additional 62,958 shares during the period. FMR LLC grew its position in shares of Darling Ingredients by 17.3% during the 3rd 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 in the last quarter. Townsquare Capital LLC increased its holdings in shares of Darling Ingredients by 52.4% during the third quarter. Townsquare Capital LLC now owns 12,395 shares of the company’s stock worth $461,000 after purchasing an additional 4,261 shares during the period. Glenmede Trust Co. NA raised its position in shares of Darling Ingredients by 5.7% in the third quarter. Glenmede Trust Co. NA now owns 7,609 shares of the company’s stock valued at $283,000 after buying an additional 412 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Darling Ingredients by 21.9% in the third quarter. Rockefeller Capital Management L.P. now owns 187,565 shares of the company’s stock valued at $6,970,000 after buying an additional 33,672 shares during the period. 94.44% of the stock is currently owned by institutional investors.

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.