International Flavors & Fragrances Inc. (NYSE:IFF) Shares Acquired by Financial Counselors Inc.

Financial Counselors Inc. increased its holdings in shares of International Flavors & Fragrances Inc. (NYSE:IFFFree Report) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,415 shares of the specialty chemicals company’s stock after acquiring an additional 399 shares during the period. Financial Counselors Inc.’s holdings in International Flavors & Fragrances were worth $5,823,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Personal Financial Services grew its holdings in International Flavors & Fragrances by 59.5% during the second quarter. First Personal Financial Services now owns 319 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 119 shares during the period. Clear Street Markets LLC purchased a new position in shares of International Flavors & Fragrances in the fourth quarter valued at $27,000. Penserra Capital Management LLC purchased a new position in shares of International Flavors & Fragrances in the fourth quarter valued at $31,000. PARK CIRCLE Co increased its position in shares of International Flavors & Fragrances by 300.0% in the second quarter. PARK CIRCLE Co now owns 400 shares of the specialty chemicals company’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. Finally, Covestor Ltd increased its position in shares of International Flavors & Fragrances by 48.8% in the first quarter. Covestor Ltd now owns 244 shares of the specialty chemicals company’s stock valued at $32,000 after buying an additional 80 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

International Flavors & Fragrances Stock Performance

NYSE IFF opened at $81.00 on Wednesday. The firm has a market capitalization of $20.68 billion, a P/E ratio of 450.00, a P/E/G ratio of 5.24 and a beta of 1.22. International Flavors & Fragrances Inc. has a 1-year low of $62.11 and a 1-year high of $116.96. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.74 and a quick ratio of 1.04. The business’s 50-day simple moving average is $78.95 and its 200-day simple moving average is $73.49.

International Flavors & Fragrances (NYSE:IFFGet Free Report) last released its quarterly earnings data on Monday, November 6th. The specialty chemicals company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.14. The business had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.76 billion. International Flavors & Fragrances had a return on equity of 5.22% and a net margin of 0.40%. The company’s revenue was down 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.36 EPS. Equities analysts predict that International Flavors & Fragrances Inc. will post 3.34 EPS for the current year.

International Flavors & Fragrances Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 8th. Investors of record on Thursday, December 28th were issued a dividend of $0.81 per share. The ex-dividend date of this dividend was Wednesday, December 27th. This represents a $3.24 annualized dividend and a dividend yield of 4.00%. International Flavors & Fragrances’s payout ratio is currently 1,800.00%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on IFF shares. Stifel Nicolaus raised their price target on International Flavors & Fragrances from $81.00 to $87.00 and gave the company a “hold” rating in a research report on Wednesday, December 20th. Jefferies Financial Group raised International Flavors & Fragrances from a “hold” rating to a “buy” rating and increased their price objective for the company from $73.00 to $112.00 in a research note on Friday, January 12th. StockNews.com raised International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Argus raised International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research note on Tuesday, November 28th. Finally, UBS Group increased their price objective on International Flavors & Fragrances from $78.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, International Flavors & Fragrances has an average rating of “Hold” and an average price target of $80.71.

Check Out Our Latest Research Report on IFF

International Flavors & Fragrances Company Profile

(Free Report)

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through four segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions.

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Institutional Ownership by Quarter for International Flavors & Fragrances (NYSE:IFF)

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