Zurich Insurance Group Ltd FI reduced its position in shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) by 20.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,576 shares of the company’s stock after selling 2,759 shares during the period. Zurich Insurance Group Ltd FI’s holdings in Internationa Flavors & Fragrances were worth $1,246,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Van ECK Associates Corp increased its stake in shares of Internationa Flavors & Fragrances by 5.1% in the fourth quarter. Van ECK Associates Corp now owns 1,089 shares of the company’s stock worth $128,000 after buying an additional 53 shares in the last quarter. Cornerstone Advisors Inc. increased its stake in shares of Internationa Flavors & Fragrances by 1,929.2% in the third quarter. Cornerstone Advisors Inc. now owns 974 shares of the company’s stock worth $139,000 after buying an additional 926 shares in the last quarter. Mycio Wealth Partners LLC increased its stake in shares of Internationa Flavors & Fragrances by 433.2% in the second quarter. Mycio Wealth Partners LLC now owns 1,109 shares of the company’s stock worth $140,000 after buying an additional 901 shares in the last quarter. BRYN MAWR TRUST Co purchased a new stake in shares of Internationa Flavors & Fragrances during the third quarter worth approximately $200,000. Finally, Aristotle Capital Management LLC purchased a new stake in shares of Internationa Flavors & Fragrances during the second quarter worth approximately $202,000. 77.76% of the stock is currently owned by institutional investors.

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

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) traded up 4.09% on Thursday, hitting $124.03. 1,934,221 shares of the company were exchanged. Internationa Flavors & Fragrances, Inc. has a 52-week low of $101.00 and a 52-week high of $143.64. The stock has a market cap of $9.85 billion, a PE ratio of 24.68 and a beta of 1.04. The firm has a 50 day moving average of $117.82 and a 200-day moving average of $127.44.

Internationa Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings results on Wednesday, February 15th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The firm had revenue of $762.60 million for the quarter, compared to analysts’ expectations of $753.62 million. Internationa Flavors & Fragrances had a net margin of 12.92% and a return on equity of 25.92%. During the same period in the previous year, the company posted $1.05 earnings per share. On average, equities analysts expect that Internationa Flavors & Fragrances, Inc. will post $5.46 earnings per share for the current fiscal year.

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IFF has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $146.00 price objective on the stock in a research report on Wednesday, October 26th. Stifel Nicolaus dropped their price objective on shares of Internationa Flavors & Fragrances from $140.00 to $121.00 and set a “hold” rating on the stock in a research report on Tuesday, November 8th. Evercore ISI initiated coverage on shares of Internationa Flavors & Fragrances in a research report on Monday. They issued a “hold” rating and a $125.00 price objective on the stock. Consumer Edge Research downgraded shares of Internationa Flavors & Fragrances from an “outperform” rating to a “neutral” rating in a research report on Thursday. Finally, Consumer Edge downgraded shares of Internationa Flavors & Fragrances from an “outperform” rating to a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. Internationa Flavors & Fragrances has an average rating of “Hold” and a consensus target price of $136.07.

In other Internationa Flavors & Fragrances news, insider Nicolas Mirzayantz sold 2,945 shares of Internationa Flavors & Fragrances stock in a transaction that occurred on Thursday, December 15th. The shares were sold at an average price of $118.48, for a total transaction of $348,923.60. Following the transaction, the insider now directly owns 54,126 shares of the company’s stock, valued at $6,412,848.48. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.55% of the company’s stock.

Internationa Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (IFF) creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The Company operates in two segments: Flavors and Fragrances.

5 Day Chart for NYSE:IFF

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