A variety of other big financiers have actually likewise customized their holdings of DAR. HighTower Advisors LLC improved its holdings in Darling Ingredients by 97.9% in the first quarter. HighTower Advisors LLC now owns 14,145 shares of the business’s stock worth $1,133,000 after getting an extra 6,999 shares throughout the duration. Bank of Montreal Can lifted its position in shares of Darling Ingredients by 20.4% throughout the very first quarter. Bank of Montreal Can now owns 21,054 shares of the business’s stock worth $1,697,000 after buying an extra 3,563 shares in the last quarter. Acadian Asset Management LLC acquired a brand-new position in shares of Darling Ingredients in the very first quarter valued at $141,000. Panagora Asset Management Inc. gotten a brand-new stake in Darling Ingredients throughout the first quarter valued at $447,000. Finally, Great West Life Assurance Co. Can increased its stake in Darling Ingredients by 8.2% throughout the first quarter. Great West Life Assurance Co. Can now owns 89,124 shares of the business’s stock worth $7,366,000 after purchasing an extra 6,770 shares throughout the duration. Institutional financiers and hedge funds own 90.92% of the business’s stock.
Insider Buying and Selling
In associated news, Director Larry Barden gotten 3,000 shares of the stock in a deal that took place on Thursday, May 11th. The stock was acquired at an average cost of $63.74 per share, for an overall deal of $191,220.00. Following the purchase, the director now straight owns 16,726 shares in the business, valued at $1,066,115.24. The purchase was revealed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Larry Barden purchased 3,000 shares of the company’s stock in a deal on Thursday, May 11th. The stock was acquired at a typical cost of $63.74 per share, for an overall deal of $191,220.00. Following the deal, the director now owns 16,726 shares in the business, valued at $1,066,115.24. The purchase was revealed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Randall C. Stuewe offered 70,000 shares of Darling Ingredients stock in a deal that took place on Tuesday, May 23rd. The shares were cost a typical cost of $65.00, for an overall worth of $4,550,000.00. Following the sale, the ceo now straight owns 740,363 shares in the business, valued at roughly $48,123,595. The disclosure for this sale can be discovered here. Company experts own 2.62% of the business’s stock.
Analyst Upgrades and Downgrades
A variety of research study companies have actually weighed in on DAR. Robert W. Baird reduced their cost goal on shares of Darling Ingredients from $108.00 to $106.00 and set an “outperform” score for the business in a research study report on Thursday, April 13th. Stifel Nicolaus minimized their cost target on Darling Ingredients from $121.00 to $120.00 in a report on Friday, May 19th. Jefferies Financial Group dropped their cost goal on Darling Ingredients from $95.00 to $85.00 in a report on Monday, May 15th. StockNews.com decreased Darling Ingredients from a “hold” score to a “sell” score in a research study report on Wednesday, June 7th. Finally, BMO Capital Markets raised their cost target on shares of Darling Ingredients from $80.00 to $85.00 in a research study report on Thursday, May 11th. One expert has actually ranked the stock with a sell score, one has actually offered a hold score, 9 have actually designated a buy score and one has actually designated a strong buy score to the business’s stock. Based on information from MarketBeat.com, the business presently has an agreement score of “Moderate Buy” and an agreement cost target of $89.75.
Darling Ingredients Trading Down 1.9 %
Darling Ingredients stock opened at $58.84 on Friday. Darling Ingredients Inc. has a 1 year low of $51.77 and a 1 year high of $82.69. The company’s 50-day moving average is $61.53 and its 200-day moving average is $61.97. The business has a debt-to-equity ratio of 1.11, a fast ratio of 0.98 and an existing ratio of 1.73. The business has a market cap of $9.39 billion, a P/E ratio of 13.08 and a beta of 1.23.
Darling Ingredients (NYSE:DAR – Get Rating) last provided its revenues outcomes on Tuesday, May 9th. The business reported $1.16 revenues per share (EPS) for the quarter, topping experts’ agreement quotes of $1.00 by $0.16. The company had profits of $1.79 billion for the quarter, compared to experts’ expectations of $1.65 billion. Darling Ingredients had a net margin of 10.57% and a return on equity of 19.99%. On average, equities experts anticipate that Darling Ingredients Inc. will publish 5.58 revenues per share for the present year.
Darling Ingredients Company Profile
Darling Ingredients Inc establishes, produces, and offers natural components from edible and inedible bio-nutrients in North America, Europe, China, South America, and globally. The business runs through 3 sections: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It provides components and tailored specialized options for clients in the pharmaceutical, food, animal food, feed, commercial, fuel, bioenergy, and fertilizer markets.
Further Reading
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