Connable Office Inc. purchased a new stake in Darling Ingredients Inc (NYSE:DAR) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 14,013 shares of the company’s stock, valued at approximately $254,000.

A number of other institutional investors also recently modified their holdings of the stock. Shelton Capital Management lifted its stake in Darling Ingredients by 6.1% in the 2nd quarter. Shelton Capital Management now owns 16,364 shares of the company’s stock valued at $258,000 after buying an additional 943 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in Darling Ingredients by 10.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 14,628 shares of the company’s stock valued at $230,000 after buying an additional 1,376 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Darling Ingredients by 54.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,923 shares of the company’s stock valued at $144,000 after buying an additional 2,808 shares in the last quarter. Advisor Group Inc. lifted its stake in Darling Ingredients by 34.9% in the 3rd quarter. Advisor Group Inc. now owns 11,927 shares of the company’s stock valued at $209,000 after buying an additional 3,086 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in Darling Ingredients by 18.9% in the 2nd quarter. HighTower Advisors LLC now owns 20,676 shares of the company’s stock valued at $326,000 after buying an additional 3,282 shares in the last quarter. 97.54% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently weighed in on DAR. Zacks Investment Research raised shares of Darling Ingredients from a “sell” rating to a “hold” rating in a research note on Monday, November 13th. Canaccord Genuity raised their price target on shares of Darling Ingredients from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, November 6th. Finally, Roth Capital set a $20.00 price target on shares of Darling Ingredients and gave the company a “buy” rating in a research note on Tuesday, October 24th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Darling Ingredients has a consensus rating of “Buy” and an average target price of $19.33.

Shares of Darling Ingredients Inc (NYSE:DAR) opened at $17.84 on Tuesday. The company has a market cap of $2,954.39, a PE ratio of 46.00 and a beta of 1.48. The company has a quick ratio of 1.07, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Darling Ingredients Inc has a 1-year low of $12.45 and a 1-year high of $19.50.

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About Darling Ingredients

Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating 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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