First Mercantile Trust Co. grew its holdings in shares of Darling Ingredients Inc (NYSE:DAR) by 35.7% during the 4th quarter, Holdings Channel reports. The firm owned 9,494 shares of the company’s stock after buying an additional 2,500 shares during the period. First Mercantile Trust Co.’s holdings in Darling Ingredients were worth $183,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in DAR. Quantamental Technologies LLC acquired a new position in shares of Darling Ingredients during the 4th quarter valued at about $189,000. Bowling Portfolio Management LLC acquired a new position in shares of Darling Ingredients during the 3rd quarter valued at about $201,000. Bank of Montreal Can boosted its position in shares of Darling Ingredients by 14.0% during the 4th quarter. Bank of Montreal Can now owns 12,454 shares of the company’s stock valued at $240,000 after acquiring an additional 1,526 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Darling Ingredients by 33.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,005 shares of the company’s stock valued at $289,000 after acquiring an additional 3,798 shares during the last quarter. Finally, Parametrica Management Ltd acquired a new position in shares of Darling Ingredients during the 3rd quarter valued at about $290,000. 97.64% of the stock is currently owned by institutional investors.
NYSE DAR opened at $21.29 on Monday. Darling Ingredients Inc has a 12 month low of $16.36 and a 12 month high of $22.38. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.06 and a current ratio of 1.81. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 28.39 and a beta of 1.17.
About Darling Ingredients
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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