Darling Ingredients Inc (NYSE:DAR) is Overbrook Management Corp’s Largest Position

Overbrook Management Corp lifted its stake in Darling Ingredients Inc (NYSE:DAR) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,680,846 shares of the company’s stock after acquiring an additional 64,301 shares during the period. Darling Ingredients makes up about 12.5% of Overbrook Management Corp’s holdings, making the stock its largest holding. Overbrook Management Corp’s holdings in Darling Ingredients were worth $58,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Quadrant Capital Group LLC boosted its stake in Darling Ingredients by 759.5% during the first quarter. Quadrant Capital Group LLC now owns 1,358 shares of the company’s stock valued at $28,000 after buying an additional 1,200 shares during the period. Enlightenment Research LLC bought a new stake in Darling Ingredients during the fourth quarter valued at $31,000. Phocas Financial Corp. bought a new stake in Darling Ingredients during the fourth quarter valued at $35,000. Meeder Asset Management Inc. bought a new stake in Darling Ingredients during the first quarter valued at $51,000. Finally, Bronfman E.L. Rothschild L.P. boosted its stake in Darling Ingredients by 455.0% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,564 shares of the company’s stock valued at $49,000 after buying an additional 2,102 shares during the period. 96.17% of the stock is owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research lowered Darling Ingredients from a “hold” rating to a “sell” rating in a research note on Wednesday, May 1st.

NYSE:DAR traded down $0.10 during trading hours on Wednesday, hitting $19.34. 14,123 shares of the company’s stock traded hands, compared to its average volume of 992,267. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 21.72 and a beta of 1.22. Darling Ingredients Inc has a 52 week low of $17.99 and a 52 week high of $22.62. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.97 and a current ratio of 1.60.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.06). The business had revenue of $835.10 million for the quarter, compared to the consensus estimate of $866.47 million. Darling Ingredients had a net margin of 0.66% and a return on equity of 3.01%. Equities analysts forecast that Darling Ingredients Inc will post 0.91 earnings per share for the current fiscal year.

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Darling Ingredients Company Profile

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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