Asset Management One Co. Ltd. lessened its position in shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) by 1.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,601 shares of the specialty chemicals company’s stock after selling 2,284 shares during the period. Asset Management One Co. Ltd. owned 0.17% of Internationa Flavors & Fragrances worth $19,657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Winder Investment Pte Ltd lifted its position in shares of Internationa Flavors & Fragrances by 12.6% during the 3rd quarter. Winder Investment Pte Ltd now owns 10,420,193 shares of the specialty chemicals company’s stock valued at $1,489,150,000 after buying an additional 1,169,400 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Internationa Flavors & Fragrances by 8.2% during the 2nd quarter. Vanguard Group Inc. now owns 8,765,573 shares of the specialty chemicals company’s stock worth $1,183,352,000 after purchasing an additional 666,120 shares in the last quarter. BlackRock Inc. lifted its holdings in Internationa Flavors & Fragrances by 2.3% during the 2nd quarter. BlackRock Inc. now owns 5,034,108 shares of the specialty chemicals company’s stock worth $679,605,000 after purchasing an additional 113,160 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Internationa Flavors & Fragrances by 3.2% during the 3rd quarter. Wells Fargo & Company MN now owns 1,299,631 shares of the specialty chemicals company’s stock worth $185,730,000 after purchasing an additional 40,746 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. lifted its holdings in Internationa Flavors & Fragrances by 0.7% during the 3rd quarter. Amundi Pioneer Asset Management Inc. now owns 983,891 shares of the specialty chemicals company’s stock worth $140,608,000 after purchasing an additional 6,592 shares in the last quarter. 83.00% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded down $0.04 during midday trading on Wednesday, reaching $152.26. The company’s stock had a trading volume of 186,800 shares, compared to its average volume of 454,220. The company has a market cap of $12,028.22, a price-to-earnings ratio of 26.67, a P/E/G ratio of 3.02 and a beta of 1.19. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.66 and a quick ratio of 1.77. Internationa Flavors & Fragrances, Inc. has a fifty-two week low of $113.16 and a fifty-two week high of $156.64.

Internationa Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Monday, November 6th. The specialty chemicals company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.05. The business had revenue of $872.90 million for the quarter, compared to analyst estimates of $847.63 million. Internationa Flavors & Fragrances had a return on equity of 27.13% and a net margin of 12.57%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 EPS. sell-side analysts expect that Internationa Flavors & Fragrances, Inc. will post 5.79 EPS for the current fiscal year.

A number of analysts recently issued reports on the company. Berenberg Bank reissued a “buy” rating and set a $160.00 price objective on shares of Internationa Flavors & Fragrances in a report on Friday, November 10th. Zacks Investment Research raised Internationa Flavors & Fragrances from a “sell” rating to a “buy” rating and set a $168.00 price objective on the stock in a report on Thursday, November 9th. UBS reissued a “buy” rating and set a $166.00 price objective (up previously from $151.00) on shares of Internationa Flavors & Fragrances in a report on Tuesday, November 7th. Finally, KeyCorp increased their price objective on Internationa Flavors & Fragrances from $148.00 to $156.00 and gave the stock an “overweight” rating in a report on Monday, October 16th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. Internationa Flavors & Fragrances has an average rating of “Hold” and an average price target of $143.70.

In other news, EVP Anne Chwat sold 3,000 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $149.61, for a total transaction of $448,830.00. Following the transaction, the executive vice president now directly owns 39,157 shares in the company, valued at approximately $5,858,278.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nicolas Mirzayantz sold 1,232 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $143.56, for a total value of $176,865.92. Following the transaction, the insider now owns 43,809 shares in the company, valued at $6,289,220.04. The disclosure for this sale can be found here. 0.48% of the stock is owned by corporate insiders.

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Internationa Flavors & Fragrances Profile

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

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

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