Today’s Market Runner: Institutional Investors Hate on Darling International Inc Falls

December 1, 2016 - By Darrin Black   ·   0 Comments

Today's Market Runner: Institutional Investors  Hate on Darling International Inc  Falls

Sentiment for Darling International Inc (NYSE:DAR)

Darling International Inc (NYSE:DAR) institutional sentiment decreased to 0.8 in 2016 Q2. Its down -0.19, from 0.99 in 2016Q1. The ratio is negative, as 119 hedge funds increased or started new holdings, while 120 sold and reduced their holdings in Darling International Inc. The hedge funds in our partner’s database now have: 154.82 million shares, down from 157.03 million shares in 2016Q1. Also, the number of hedge funds holding Darling International Inc in their top 10 holdings decreased from 6 to 4 for a decrease of 2. Sold All: 27 Reduced: 93 Increased: 75 New Position: 44.

Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The company has a market cap of $2.16 billion. The Firm offers a range of ingredients and specialty solutions for clients in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. It has a 15.28 P/E ratio. The Firm operates in three divisions: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines.

The stock decreased 1.31% or $0.18 during the last trading session, hitting $13.51. Darling Ingredients Inc (NYSE:DAR) has declined 7.66% since April 28, 2016 and is downtrending. It has underperformed by 13.58% the S&P500.

Analysts await Darling Ingredients Inc (NYSE:DAR) to report earnings on March, 7. They expect $0.22 EPS, down 59.26% or $0.32 from last year’s $0.54 per share. DAR’s profit will be $35.17 million for 15.35 P/E if the $0.22 EPS becomes a reality. After $0.17 actual EPS reported by Darling Ingredients Inc for the previous quarter, Wall Street now forecasts 29.41% EPS growth.

According to Zacks Investment Research, “Darling Ingredients Inc. is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions. It collects and transforms all aspects of animal by-product streams into broadly used and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings and hides. The Company also provides grease trap services to food service establishments, environmental services to food processors and sells restaurant cooking oil delivery and collection equipment. Darling Ingredients Inc., formerly known as Darling International Inc., is headquartered in Irving, Texas.”

Southernsun Asset Management Llc holds 6.63% of its portfolio in Darling Ingredients Inc for 16.96 million shares. Marathon Partners Equity Management Llc owns 1.04 million shares or 6.54% of their US portfolio. Moreover, Gates Capital Management Inc. has 4.98% invested in the company for 9.87 million shares. The Tennessee-based Nfc Investments Llc has invested 3.62% in the stock. Cfo4life L.P., a Texas-based fund reported 245,081 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 1 insider sale for $159,667 net activity.

Darling Ingredients Inc (NYSE:DAR) Ratings Coverage

Ratings analysis reveals 80% of Darling Ingredients’s analysts are positive. Out of 5 Wall Street analysts rating Darling Ingredients, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $11 while the high is $18. The stock’s average target of $17.10 is 26.57% above today’s ($13.51) share price. DAR was included in 11 notes of analysts from August 12, 2015. The stock has “Overweight” rating given by JP Morgan on Monday, August 15. The company was initiated on Wednesday, October 28 by JP Morgan. The stock of Darling Ingredients Inc (NYSE:DAR) has “Buy” rating given on Wednesday, August 12 by Roth Capital. As per Wednesday, June 29, the company rating was upgraded by Goldman Sachs. The rating was upgraded by JP Morgan to “Overweight” on Thursday, May 26. Avondale maintained the shares of DAR in a report on Friday, April 1 with “Market Outperform” rating. The rating was downgraded by Zacks on Friday, August 21 to “Hold”. Zacks upgraded Darling Ingredients Inc (NYSE:DAR) on Thursday, September 3 to “Hold” rating.

DAR Company Profile

Darling Ingredients Inc., formerly Darling International Inc., incorporated on December 13, 1962, is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Firm offers a range of ingredients and specialty solutions for clients in the pharmaceutical, food, pet food, feed, technical, fuel, bioenergy and fertilizer industries. The Firm operates in three divisions: Feed Ingredients, Food Ingredients and Fuel Ingredients. The Firm recycles animal by-product streams into useable and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstocks, green energy, natural casings and hides. The Firm also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.

More notable recent Darling Ingredients Inc (NYSE:DAR) news were published by: Prnewswire.com which released: “Darling Ingredients Inc. Announces Third Quarter 2016 Earnings Conference Call …” on November 08, 2016, also Prnewswire.com with their article: “Darling Ingredients Inc. Reports Third Quarter 2016 Financial Results …” published on November 10, 2016, Prnewswire.com published: “Darling Ingredients Inc. Reports Second Quarter 2016 Financial Results: Feed …” on August 11, 2016. More interesting news about Darling Ingredients Inc (NYSE:DAR) were released by: Forbes.com and their article: “Darling Ingredients is Now Oversold (DAR)” published on September 14, 2016 as well as Fool.com‘s news article titled: “Darling Ingredients, Inc. Is Gaining Momentum” with publication date: May 14, 2016.

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By Darrin Black


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