Shufro Rose & Co. LLC Has $446,000 Stock Holdings in Darling Ingredients Inc (NYSE:DAR)

Shufro Rose & Co. LLC lessened its stake in shares of Darling Ingredients Inc (NYSE:DAR) by 6.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 22,427 shares of the company’s stock after selling 1,480 shares during the quarter. Shufro Rose & Co. LLC’s holdings in Darling Ingredients were worth $446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of Darling Ingredients by 0.3% during the 1st quarter. BlackRock Inc. now owns 24,363,194 shares of the company’s stock worth $527,462,000 after buying an additional 71,132 shares during the last quarter. Jennison Associates LLC increased its position in Darling Ingredients by 5.3% during the first quarter. Jennison Associates LLC now owns 3,309,384 shares of the company’s stock worth $71,648,000 after acquiring an additional 166,986 shares during the period. Overbrook Management Corp increased its position in Darling Ingredients by 2.5% during the first quarter. Overbrook Management Corp now owns 2,680,846 shares of the company’s stock worth $58,040,000 after acquiring an additional 64,301 shares during the period. Geode Capital Management LLC increased its position in Darling Ingredients by 7.4% during the fourth quarter. Geode Capital Management LLC now owns 1,724,485 shares of the company’s stock worth $33,179,000 after acquiring an additional 119,385 shares during the period. Finally, Norges Bank bought a new position in Darling Ingredients during the fourth quarter worth about $32,771,000. Institutional investors own 95.97% of the company’s stock.

NYSE:DAR traded down $0.03 during mid-day trading on Monday, reaching $20.00. 29,752 shares of the company’s stock were exchanged, compared to its average volume of 635,678. Darling Ingredients Inc has a one year low of $17.99 and a one year high of $22.62. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 22.44 and a beta of 1.17. The business’s fifty day moving average is $20.00. The company has a quick ratio of 0.97, a current ratio of 1.60 and a debt-to-equity ratio of 0.74.

Darling Ingredients (NYSE:DAR) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06). Darling Ingredients had a return on equity of 3.01% and a net margin of 0.66%. The business had revenue of $835.10 million for the quarter, compared to the consensus estimate of $866.47 million. As a group, analysts expect that Darling Ingredients Inc will post 0.79 earnings per share for the current fiscal year.

A number of equities analysts recently commented on DAR shares. Zacks Investment Research raised shares of Darling Ingredients from a “sell” rating to a “hold” rating in a research report on Monday, June 17th. ValuEngine raised shares of Darling Ingredients from a “hold” rating to a “buy” rating in a research report on Tuesday, July 2nd.

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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