L P cut its stake in Darling Ingredients Inc. (NYSE:DAR) by 72.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. In addition, the Company provides grease trap services to food service establishments, environmental services to food processors and sells restaurant cooking oil delivery and collection equipment. Wells Fargo & Company MN owned approximately 0.12% of Darling Ingredients worth $2,952,000 as of its most recent filing with the SEC. Clinton Group Inc. now owns 25,363 shares of the company's stock worth $368,000 after buying an additional 15,164 shares in the last quarter. Capstone Investment Advisors LLC increased its stake in shares of Darling Ingredients by 85.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 233,507 shares of the company's stock valued at $3,016,000 after buying an additional 19,303 shares during the period.
Fisher Asset Management LLC boosted its stake in Darling Ingredients Inc. Bank of Montreal Can now owns 441,685 shares of the company's stock valued at $6,413,000 after buying an additional 96,067 shares during the last quarter. With 859,800 avg volume, 4 days are for Darling Ingredients Incorporated (NYSE:DAR)'s short sellers to cover DAR's short positions. Legal & General Group Plc now owns 423,373 shares of the company's stock valued at $6,144,000 after buying an additional 9,816 shares during the last quarter. (NYSE DAR) traded down 0.54% during mid-day trading on Monday, reaching $16.54. Corporate insiders own 1.95% of the company's stock. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2017/07/15/ameritas-investment-partners-inc-maintains-position-in-darling-ingredients-inc-dar-updated-updated-updated.html. (NYSE DAR) opened at 16.63 on Monday. 957,927 shares of the company's stock traded hands.
Darling Ingredients Inc. kondigt conferentiegesprek en webcast financiÃ "le resultaten tweede kwartaal van 2017 aan". The stock has a 50 day moving average of $15.83 and a 200 day moving average of $14.22. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 25.49 and a beta of 1.61. JP Morgan upgraded Darling Ingredients Inc (NYSE:DAR) on Thursday, May 26 to "Overweight" rating. The Ronald Blue & Company Llc holds 10,120 shares with $1.06M value, down from 18,371 last quarter. Its revenue totaled $829.27 million down -6.54% from the previous quarter. Darling Ingredients had a return on equity of 5.15% and a net margin of 3.06%. Darling Ingredients's revenue was up 12.9% compared to the same quarter a year ago. They expect $0.09 earnings per share, down 52.63% or $0.10 from last year's $0.19 per share. Now Darling Ingredients Inc.'s current price is $2.37 shy of the official highest sell-side analyst price target on Wall Street.
WARNING: This article was published by Stock Observer and is the property of of Stock Observer. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of United States and global copyright and trademark law. Pacad Inv Ltd has 0.02% invested in Darling Ingredients Inc (NYSE:DAR).
Several equities research analysts recently weighed in on the company. The company was initiated on Thursday, March 23 by Robert W. Baird. Zacks Investment Research downgraded shares of Darling Ingredients from a "buy" rating to a "hold" rating in a research note on Friday, May 12th. Finally, Roth Capital set a $17.00 price target on shares of Darling Ingredients and gave the company a "buy" rating in a research report on Monday, March 20th.
Among 5 analysts covering Methanex Corporation (TSE:MX), 1 have Buy rating, 0 Sell and 4 Hold. April 1 investment analysts at Avondale Partners left the stock rating at "Market Outperform" and raised the price target from $17.50 to $17.00.
In related news, CFO Patrick C. Lynch acquired 18,337 shares of the business's stock in a transaction that occurred on Tuesday, May 23rd. The stock was acquired at an average cost of $15.20 per share, for a total transaction of $299,592.00. Following the completion of the acquisition, the chief financial officer now owns 128,958 shares in the company, valued at approximately $2,054,300.94.
Gabelli Securities Inc decreased its stake in Privatebancorp Inc Com (PVTB) by 31.89% based on its latest 2016Q4 regulatory filing with the SEC. Also, CFO Patrick C. Lynch acquired 18,820 shares of the firm's stock in a transaction on Friday, May 19th. Following the completion of the acquisition, the chief financial officer now directly owns 147,295 shares in the company, valued at $2,414,165.05. The disclosure for this purchase can be found here. The Hilltop Holdings Inc holds 41,874 shares with $541,000 value, down from 71,634 last quarter. The stock increased 3.38% or $0.53 during the last trading session, reaching $16.19.
Darling Ingredients Inc.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 clients in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.