Public Employees Retirement System of Ohio grew its holdings in shares of Darling Ingredients Inc. (NYSE:DAR) by 10.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,628 shares of the company’s stock after acquiring an additional 1,376 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Darling Ingredients were worth $230,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Shufro Rose & Co. LLC raised its stake in shares of Darling Ingredients by 0.4% during the second quarter. Shufro Rose & Co. LLC now owns 27,457 shares of the company’s stock worth $432,000 after acquiring an additional 100 shares in the last quarter. World Asset Management Inc raised its stake in shares of Darling Ingredients by 2.3% during the second quarter. World Asset Management Inc now owns 10,711 shares of the company’s stock worth $169,000 after acquiring an additional 237 shares in the last quarter. Amalgamated Bank raised its stake in shares of Darling Ingredients by 1.4% during the second quarter. Amalgamated Bank now owns 22,413 shares of the company’s stock worth $353,000 after acquiring an additional 304 shares in the last quarter. US Bancorp DE raised its stake in shares of Darling Ingredients by 1.9% during the second quarter. US Bancorp DE now owns 27,259 shares of the company’s stock worth $429,000 after acquiring an additional 500 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its stake in shares of Darling Ingredients by 5.3% during the second quarter. Teacher Retirement System of Texas now owns 13,214 shares of the company’s stock worth $208,000 after acquiring an additional 663 shares in the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

DAR has been the topic of several research reports. BidaskClub downgraded shares of Darling Ingredients from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Canaccord Genuity reissued a “buy” rating and set a $18.00 price target on shares of Darling Ingredients in a research note on Monday, September 25th. Robert W. Baird reissued an “outperform” rating and set a $20.00 price target (up from $19.00) on shares of Darling Ingredients in a research note on Friday, August 11th. Zacks Investment Research raised shares of Darling Ingredients from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Wednesday, October 11th. Finally, J P Morgan Chase & Co downgraded shares of Darling Ingredients from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $19.00 to $18.00 in a research note on Friday, October 6th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $19.33.

Darling Ingredients Inc. (NYSE DAR) opened at $16.07 on Thursday. 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 one year low of $11.51 and a one year high of $18.65. The company has a market cap of $2,671.14, a price-to-earnings ratio of 41.59 and a beta of 1.54.

Darling Ingredients (NYSE:DAR) last issued its earnings results on Tuesday, November 7th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). Darling Ingredients had a return on equity of 2.96% and a net margin of 1.76%. The firm had revenue of $937.70 million during the quarter, compared to analysts’ expectations of $870.50 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The firm’s quarterly revenue was up 9.8% compared to the same quarter last year. analysts anticipate that Darling Ingredients Inc. will post 0.24 EPS for the current year.

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Darling Ingredients Company Profile

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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