Darling Ingredients (DAR) Receiving Favorable Press Coverage, Report Shows

Ausiliatrice Cristiano
Luglio 18, 2017

Hbk Invests Ltd Partnership stated it has 0% in Darling Ingredients Inc (NYSE:DAR). (NYSE:DAR) by 22.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The current share price indicates that stock is -0.52% away from its one year high and is moving 40.13% ahead of its 52-week low. UBS Group AG boosted its position in Darling Ingredients by 190.0% in the first quarter. Thrivent Financial For Lutherans now owns 93,180 shares of the company's stock valued at $1,353,000 after buying an additional 4,200 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Darling Ingredients by 6.7% in the first quarter. Prudential Financial Inc. now owns 1,062,081 shares of the company's stock worth $15,421,000 after buying an additional 88,060 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Darling Ingredients by 6.9% in the first quarter. Impax Asset Management LTD now owns 929,750 shares of the company's stock valued at $13,500,000 after buying an additional 314,500 shares during the last quarter. Menta Capital LLC acquired a new stake in shares of Darling Ingredients during the fourth quarter valued at about $691,000. Howe & Rusling Inc. now owns 36,701 shares of the company's stock valued at $533,000 after buying an additional 2,425 shares during the last quarter. Darling Ingredients Inc. (DAR) has made its way to a 12-month gain of 6.23%.

Wells Fargo & Company MN raised its position in shares of Darling Ingredients Inc. (DAR) traded up 1.40% during trading on Friday, hitting $16.63.

In the market the company is trading up from yesterday's close of $16.4. Darling Ingredients Inc (NYSE:DAR) has risen 8.56% since July 14, 2016 and is uptrending. DAR's distance from 20 day simple moving average is 4.69% and distance from 50-Day simple moving average is 5.31%. The company has market cap of $1.79 billion.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings data on Thursday, May 11th. The firm had revenue of $880.10 million during the quarter, compared to analyst estimates of $842.52 million. Darling Ingredients had a net margin of 3.06% and a return on equity of 5.15%. BlackRock Inc. increased its stake in shares of Darling Ingredients by 7,798.7% in the first quarter. During the same period a year ago, the business posted $0.01 EPS. On average, equities research analysts anticipate that Darling Ingredients Inc. will post $0.52 earnings per share for the current fiscal year. Also Prnewswire.com published the news titled: "Stocks Under Scanner in the Waste Management Space - Darling Ingredients ..." on July 12, 2017. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. The legal version of this news story can be read at https://www.themarketsdaily.com/2017/07/16/loomis-sayles-co-l-p-has-8-21-million-position-in-darling-ingredients-inc-dar.html.

Analyst's ratings play a very important role in outlining a stock's performance. Robert W. Baird initiated coverage on shares of Darling Ingredients in a report on Wednesday, March 22nd. Zacks Investment Research lowered shares of Darling Ingredients from a "buy" rating to a "hold" rating in a report on Friday, May 12th. Zacks Investment Research raised shares of Darling Ingredients from a "hold" rating to a "buy" rating and set a $16.00 price objective for the company in a research report on Wednesday, March 29th. Canaccord Genuity reissued a "buy" rating and issued a $18.00 target price on shares of Darling Ingredients in a research note on Monday, May 15th. TheStreet raised shares of Darling Ingredients from a "c+" rating to a "b-" rating in a report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. They issued an "outperform" rating and a $19.00 price target on the stock.

In related news, CFO Patrick C. Lynch purchased 19,710 shares of Darling Ingredients stock in a transaction dated Wednesday, May 17th. The stock was bought at an average price of $15.93 per share, for a total transaction of $299,802.60. Following the acquisition, the chief financial officer now owns 110,138 shares of the company's stock, valued at $1,674,097.60.

Karpus Management Inc decreased its stake in Gabelli Divd & Income Tr Com (GDV) by 12% based on its latest 2016Q4 regulatory filing with the SEC. Also, CFO Patrick C. Lynch acquired 18,820 shares of the business's stock in a transaction that occurred on Friday, May 19th. The stock was purchased at an average price of $16.39 per share, with a total value of $300,543.43. The disclosure for this purchase can be found here. Insiders have purchased a total of 56,867 shares of company stock worth $899,938 in the last three months. (DAR) stock price has gone up by 2.59% over the last 20 trading days, and its price is 0.12% above the 52-week high.

Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating 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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