Darling Ingredients (NYSE:DAR) Stock Rating Reaffirmed by Stifel Nicolaus

Stifel Nicolaus reissued their buy rating on shares of Darling Ingredients (NYSE:DARFree Report) in a research note released on Wednesday, Benzinga reports. They currently have a $95.00 price target on the stock, down from their previous price target of $120.00.

DAR has been the topic of a number of other research reports. Raymond James reduced their target price on Darling Ingredients from $80.00 to $75.00 and set a strong-buy rating on the stock in a report on Thursday, November 9th. Citigroup reduced their target price on Darling Ingredients from $49.00 to $46.00 and set a neutral rating on the stock in a report on Thursday, February 29th. Stephens reduced their target price on Darling Ingredients from $55.00 to $50.00 and set an equal weight rating on the stock in a report on Wednesday, January 24th. Finally, BMO Capital Markets reduced their target price on Darling Ingredients from $60.00 to $57.00 and set an outperform rating on the stock in a report on Thursday, February 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Darling Ingredients has an average rating of Moderate Buy and an average price target of $75.80.

Check Out Our Latest Research Report on Darling Ingredients

Darling Ingredients Stock Down 0.2 %

Shares of NYSE:DAR opened at $43.53 on Wednesday. Darling Ingredients has a 1 year low of $38.97 and a 1 year high of $71.60. The company has a market cap of $6.95 billion, a PE ratio of 10.94 and a beta of 1.28. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.86 and a quick ratio of 1.10. The stock’s 50-day moving average is $43.87 and its 200 day moving average is $47.48.

Insider Activity at Darling Ingredients

In other Darling Ingredients news, Director Kurt Stoffel acquired 8,000 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were acquired at an average cost of $41.62 per share, with a total value of $332,960.00. Following the transaction, the director now owns 10,571 shares of the company’s stock, valued at approximately $439,965.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.62% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Darling Ingredients

Hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in shares of Darling Ingredients by 1,412.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 499 shares of the company’s stock worth $25,000 after purchasing an additional 466 shares in the last quarter. Indiana Trust & Investment Management CO purchased a new stake in shares of Darling Ingredients in the 3rd quarter worth $26,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Darling Ingredients in the 4th quarter worth $29,000. Stone House Investment Management LLC increased its stake in shares of Darling Ingredients by 100.0% in the 4th quarter. Stone House Investment Management LLC now owns 600 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares in the last quarter. Finally, Millburn Ridgefield Corp purchased a new stake in shares of Darling Ingredients in the 3rd quarter worth $31,000. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Darling Ingredients Company Profile

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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.

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