Darling Ingredients Inc (DAR) CFO Acquires $299802.60 in Stock

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27 May, 2017

Brokerage houses, on average, are recommending investors to sell 3D Systems Corporation (DDD)'s shares projecting a $15.55 target price. Jpmorgan Chase & owns 0.01% invested in Darling Ingredients Inc (NYSE:DAR) for 2.87 million shares. Darling Ingredients Inc., formerly known as Darling International Inc., is headquartered in Irving, Texas. The stock increased 2.99% or $0.48 during the last trading session, reaching $16.56.

Multiple company employees have indulged in significant insider trading. Novartis AG (ADR) (NYSE:NVS) has risen 7.67% since May 24, 2016 and is uptrending. The Return on Equity ratio of Darling Ingredients Inc. Blackrock Inc. owns $328.64 million in Darling Ingredients Inc., which represents roughly 12.04% of the company's market cap and approximately 11.43% of the institutional ownership. The institutional investor held 17.55M shares of the packaged foods company at the end of 2016Q4, valued at $226.52M, up from 16.70M at the end of the previous reported quarter. The stock has a market cap of $2.71 billion, a P/E ratio of 25.354 and a beta of 1.76.

Darling Ingredients Inc (NYSE:DAR)'s stock had its "buy" rating restated by stock analysts at Canaccord Genuity in a research note issued to investors on Monday, May 15th. It has underperformed by 8.14% the S&P500. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company. Therefore 19% are positive.

According to Finviz reported data, The SMA20 of the stock is at 6.05 percent, SMA50 is 9.57 percent, while SMA200 is 18.37 percent. The rating was upgraded by HSBC to "Buy" on Friday, January 8. The rating was downgraded by BMO Capital Markets on Tuesday, July 21 to "Market Perform". The rating was maintained by JP Morgan on Monday, August 15 with "Overweight". The rating was maintained by Avondale on Friday, April 1 with "Market Outperform". As per Thursday, December 10, the company rating was upgraded by Nomura. The stock of Hasbro, Inc.

Gates Capital Management Inc increased Axalta Coating Sys Ltd stake by 221,060 shares to 4.41 million valued at $120.03M in 2016Q4. Its quick ratio for most recent quarter is 1.30 along with current ratio for most recent quarter of 2.10. "Reports First Quarter 2017 Financial Results" on May 11, 2017. More interesting news about Darling Ingredients Inc (NYSE:DAR) was released by: Businesswire.com and their article: "SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an ..." with publication date: May 18, 2017.

Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.06, from 1.06 in 2016Q3. 45 funds opened positions while 83 raised stakes. After this sale, 115,711 common shares of DAR are directly owned by the insider, with total stake valued at $1,916,174. Advsr Asset Mgmt holds 0% or 12,140 shares in its portfolio. The Missouri-based Kennedy Capital Management Incorporated has invested 0.08% in Hasbro, Inc. Natixis owns 17,865 shares. Princeton Alpha Mgmt Lp invested in 48,042 shares or 0.13% of the stock. Price T Rowe Associate Md reported 41,335 shares. Us National Bank & Trust De invested in 26,880 shares.

Stonebridge Capital Management Inc holds 0.03% of its portfolio in Trio-Tech International for 23,750 shares. 35,969 were reported by Mason Street Advisors Limited Liability Corporation. Jefferies Gru Ltd accumulated 12,461 shares. Segall Bryant And Hamill Limited has invested 0.01% of its portfolio in Darling Ingredients Inc (NYSE:DAR). 660,720 were accumulated by Millennium Management Ltd Liability. Howe & Rusling Inc stated it has 34,276 shares or 0.1% of all its holdings. Intrust Retail Bank Na has invested 0.29% in Darling Ingredients Inc (NYSE:DAR). Darling Ingredients reported sales of $779.64 million during the same quarter last year, which indicates a positive year over year growth rate of 8.8%. The stock of Darling Ingredients Inc (NYSE:DAR) earned "Neutral" rating by JP Morgan on Wednesday, October 28.

In other Darling Ingredients news, CFO Patrick C. Lynch acquired 18,337 shares of the company's stock in a transaction that occurred on Tuesday, May 23rd.

Zacks Investment Research lowered shares of Darling Ingredients Inc (NYSE:DAR) from a buy rating to a hold rating in a research note published on Friday, May 12th. Roth Capital set a $17.00 price target on Darling Ingredients and gave the company a "buy" rating in a report on Monday, March 20th. JP Morgan upgraded Darling Ingredients Inc (NYSE:DAR) on Thursday, May 26 to "Overweight" rating. Connecticut-based Paloma Mngmt has invested 0% in Darling Ingredients Inc (NYSE:DAR). The rating was initiated by Robert W. Baird on Thursday, March 23 with "Outperform".

A number of research analysts have weighed in on the stock.

Southernsun Asset Management Llc, which manages about $5.32 billion and $3.91B US Long portfolio, decreased its stake in Tenneco Inc (NYSE:TEN) by 180,085 shares to 1.16M shares, valued at $72.36M in 2016Q4, according to the filing. It also increased its holding in Intercontinental Exchange I (NYSE:ICE) by 40,412 shares in the quarter, for a total of 50,515 shares, and has risen its stake in Biogen Idec Inc Com (NASDAQ:BIIB).

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