3,233 Shares in Darling Ingredients Inc. (NYSE:DAR) Acquired by Personal CFO Solutions LLC

Personal CFO Solutions LLC acquired a new position in Darling Ingredients Inc. (NYSE:DAR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 3,233 shares of the company’s stock, valued at approximately $206,000.

Other large investors have also recently made changes to their positions in the company. Signaturefd LLC grew its position in shares of Darling Ingredients by 42.8% in the 2nd quarter. Signaturefd LLC now owns 814 shares of the company’s stock worth $52,000 after buying an additional 244 shares during the last quarter. ICA Group Wealth Management LLC bought a new stake in shares of Darling Ingredients in the 4th quarter worth approximately $51,000. Private Trust Co. NA grew its position in shares of Darling Ingredients by 139.7% in the 2nd quarter. Private Trust Co. NA now owns 911 shares of the company’s stock worth $58,000 after buying an additional 531 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Darling Ingredients by 624.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,000 shares of the company’s stock worth $63,000 after buying an additional 862 shares during the last quarter. Finally, Archer Investment Corp bought a new stake in shares of Darling Ingredients in the 1st quarter worth approximately $74,000. 89.78% of the stock is currently owned by institutional investors.

Darling Ingredients Stock Down 0.1 %

DAR stock opened at $43.52 on Tuesday. Darling Ingredients Inc. has a 1-year low of $38.97 and a 1-year high of $73.88. The business has a fifty day moving average price of $47.85 and a 200-day moving average price of $58.02. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.78 and a quick ratio of 0.99. The stock has a market capitalization of $6.94 billion, a P/E ratio of 9.85 and a beta of 1.36.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.11). Darling Ingredients had a return on equity of 17.53% and a net margin of 10.37%. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the prior year, the firm earned $1.20 EPS. The firm’s revenue for the quarter was down 7.0% compared to the same quarter last year. Equities analysts forecast that Darling Ingredients Inc. will post 4.56 earnings per share for the current fiscal year.

Insider Transactions at Darling Ingredients

In other Darling Ingredients news, CAO Joseph Manzi purchased 1,025 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was purchased at an average price of $43.38 per share, for a total transaction of $44,464.50. Following the completion of the purchase, the chief accounting officer now directly owns 6,978 shares of the company’s stock, valued at $302,705.64. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, EVP Patrick Mcnutt acquired 1,200 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was bought at an average price of $41.88 per share, with a total value of $50,256.00. Following the completion of the acquisition, the executive vice president now directly owns 13,947 shares of the company’s stock, valued at approximately $584,100.36. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Joseph Manzi acquired 1,025 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was purchased at an average cost of $43.38 per share, with a total value of $44,464.50. Following the acquisition, the chief accounting officer now directly owns 6,978 shares of the company’s stock, valued at $302,705.64. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 16,288 shares of company stock worth $715,604 and sold 125,665 shares worth $7,846,395. Company insiders own 2.62% of the company’s stock.

Analysts Set New Price Targets

DAR has been the subject of a number of research analyst reports. StockNews.com cut Darling Ingredients from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Stephens restated an “equal weight” rating and issued a $65.00 target price on shares of Darling Ingredients in a research note on Wednesday, August 9th. Stifel Nicolaus lowered their target price on Darling Ingredients from $120.00 to $118.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. Tudor, Pickering, Holt & Co. cut Darling Ingredients from a “buy” rating to a “hold” rating in a research note on Friday, October 13th. Finally, JPMorgan Chase & Co. lowered their target price on Darling Ingredients from $91.00 to $76.00 and set an “overweight” rating for the company in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Darling Ingredients currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.10.

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.