Yousif Capital Management LLC Sells 1,795 Shares of Darling Ingredients Inc. (NYSE:DAR)

Yousif Capital Management LLC reduced its stake in Darling Ingredients Inc. (NYSE:DAR) by 3.0% during the 4th quarter, Holdings Channel reports. The firm owned 58,747 shares of the company’s stock after selling 1,795 shares during the period. Yousif Capital Management LLC’s holdings in Darling Ingredients were worth $1,979,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in shares of Darling Ingredients in the 4th quarter worth $25,000. GAMMA Investing LLC boosted its position in shares of Darling Ingredients by 173.9% in the 3rd quarter. GAMMA Investing LLC now owns 830 shares of the company’s stock worth $31,000 after purchasing an additional 527 shares during the last quarter. Signaturefd LLC boosted its position in shares of Darling Ingredients by 75.0% in the 3rd quarter. Signaturefd LLC now owns 901 shares of the company’s stock worth $33,000 after purchasing an additional 386 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Darling Ingredients by 38.0% in the 3rd quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock worth $38,000 after purchasing an additional 288 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of Darling Ingredients in the 3rd quarter worth $58,000. 94.44% of the stock is currently owned by institutional investors.

Darling Ingredients Stock Performance

DAR opened at $40.46 on Wednesday. The business’s 50-day moving average price is $35.56 and its two-hundred day moving average price is $37.49. Darling Ingredients Inc. has a 1 year low of $32.55 and a 1 year high of $48.39. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 23.38 and a beta of 1.21. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83.

Darling Ingredients (NYSE:DAR) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating 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%. Equities analysts expect that Darling Ingredients Inc. will post 2.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DAR shares. Citigroup reduced their target price on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Stephens reiterated an “overweight” rating and set a $52.00 target price on shares of Darling Ingredients in a report on Thursday, January 23rd. Jefferies Financial Group lifted their target price on Darling Ingredients from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. lifted their target price on Darling Ingredients from $58.00 to $59.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Darling Ingredients currently has a consensus rating of “Moderate Buy” and an average target price of $53.22.

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.