Darling International Inc (NYSE:DAR): Institutional Investors Are Worried

October 2, 2018 - By whatsonthorold

Darling Ingredients Inc. (NYSE:DAR) Logo

Sentiment for Darling International Inc (NYSE:DAR)

Darling International Inc (NYSE:DAR) institutional sentiment decreased to 0.84 in 2018 Q2. Its down -0.23, from 1.07 in 2018Q1. The ratio has dropped, as 89 active investment managers opened new or increased equity positions, while 106 sold and reduced stakes in Darling International Inc. The active investment managers in our partner’s database now possess: 162.92 million shares, up from 159.66 million shares in 2018Q1. Also, the number of active investment managers holding Darling International Inc in their top 10 equity positions was flat from 4 to 4 for the same number . Sold All: 26 Reduced: 80 Increased: 64 New Position: 25.

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients worldwide. The company has market cap of $3.10 billion. It operates in three divisions: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It has a 17.43 P/E ratio. The firm offers a range of ingredients and customized specialty solutions for clients in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

The stock decreased 2.64% or $0.51 during the last trading session, reaching $18.81. About 1.18 million shares traded or 44.11% up from the average. Darling Ingredients Inc. (NYSE:DAR) has risen 8.38% since October 2, 2017 and is uptrending. It has underperformed by 7.24% the S&P500.

Analysts await Darling Ingredients Inc. (NYSE:DAR) to report earnings on November, 6. They expect $0.17 earnings per share, up 240.00 % or $0.12 from last year’s $0.05 per share. DAR’s profit will be $27.99 million for 27.66 P/E if the $0.17 EPS becomes a reality. After $0.11 actual earnings per share reported by Darling Ingredients Inc. for the previous quarter, Wall Street now forecasts 54.55 % EPS growth.

Overbrook Management Corp holds 11.48% of its portfolio in Darling Ingredients Inc. for 3.05 million shares. Southernsun Asset Management Llc owns 10.42 million shares or 6.76% of their US portfolio. Moreover, Trellus Management Company Llc has 6.16% invested in the company for 210,000 shares. The Tennessee-based Nfc Investments Llc has invested 3.11% in the stock. Harber Asset Management Llc, a New York-based fund reported 422,740 shares.

Darling Ingredients Inc. (NYSE:DAR) Ratings Coverage

Ratings analysis reveals 0 of Darling Ingredients’s analysts are positive. Out of 2 Wall Street analysts rating Darling Ingredients, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $21 while the high is $22. The stock’s average target of $21.50 is 14.30% above today’s ($18.81) share price. DAR was included in 2 notes of analysts from August 10, 2018. The stock of Darling Ingredients Inc. (NYSE:DAR) earned “Neutral” rating by JP Morgan on Friday, August 10. BMO Capital Markets maintained the shares of DAR in report on Friday, August 10 with “Market Perform” rating.

Another recent and important Darling Ingredients Inc. (NYSE:DAR) news was published by Fool.com which published an article titled: “Why Valero Energy, Government Properties Income Trust, and Nutanix Slumped Today” on September 19, 2018.

Darling Ingredients Inc. (NYSE:DAR) Institutional Positions Chart

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