Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Darling Ingredients Inc (NYSE:DAR) by 33.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,005 shares of the company’s stock after acquiring an additional 3,798 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Darling Ingredients were worth $289,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. boosted its stake in Darling Ingredients by 83.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 2,680,143 shares of the company’s stock valued at $51,780,000 after purchasing an additional 1,215,246 shares during the period. Walthausen & Co. LLC bought a new stake in Darling Ingredients during the 3rd quarter valued at approximately $18,553,000. BlackRock Inc. boosted its stake in Darling Ingredients by 3.5% during the 3rd quarter. BlackRock Inc. now owns 23,746,088 shares of the company’s stock valued at $458,776,000 after purchasing an additional 802,763 shares during the period. Mesirow Financial Investment Management Equity Management bought a new stake in Darling Ingredients during the 3rd quarter valued at approximately $13,785,000. Finally, SG Capital Management LLC bought a new stake in Darling Ingredients during the 3rd quarter valued at approximately $4,013,000. Institutional investors own 97.64% of the company’s stock.

Darling Ingredients stock traded down $0.14 during trading hours on Monday, hitting $21.15. The stock had a trading volume of 2,390 shares, compared to its average volume of 818,549. The company has a quick ratio of 1.06, a current ratio of 1.81 and a debt-to-equity ratio of 0.72. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 88.94 and a beta of 1.17. Darling Ingredients Inc has a fifty-two week low of $16.36 and a fifty-two week high of $22.38.

Several brokerages recently weighed in on DAR. Zacks Investment Research upgraded Darling Ingredients from a “sell” rating to a “hold” rating in a research note on Tuesday, November 13th. JPMorgan Chase & Co. upgraded Darling Ingredients from a “neutral” rating to an “overweight” rating and increased their target price for the company from $21.00 to $25.00 in a research note on Monday, November 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Darling Ingredients has a consensus rating of “Hold” and a consensus price target of $22.00.

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About Darling Ingredients

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers 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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Institutional Ownership by Quarter for Darling Ingredients (NYSE:DAR)

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