Caxton Associates LP cut its holdings in shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) by 66.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,000 shares of the specialty chemicals company’s stock after selling 20,000 shares during the quarter. Caxton Associates LP’s holdings in Internationa Flavors & Fragrances were worth $1,429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC grew its stake in shares of Internationa Flavors & Fragrances by 5.7% in the second quarter. YorkBridge Wealth Partners LLC now owns 764 shares of the specialty chemicals company’s stock valued at $103,000 after buying an additional 41 shares in the last quarter. D.A. Davidson & CO. grew its stake in Internationa Flavors & Fragrances by 0.5% during the 2nd quarter. D.A. Davidson & CO. now owns 1,073 shares of the specialty chemicals company’s stock valued at $144,000 after purchasing an additional 5 shares in the last quarter. Commonwealth Bank of Australia grew its stake in Internationa Flavors & Fragrances by 6.3% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,276 shares of the specialty chemicals company’s stock valued at $171,000 after purchasing an additional 76 shares in the last quarter. IFP Advisors Inc grew its stake in Internationa Flavors & Fragrances by 15.1% during the 2nd quarter. IFP Advisors Inc now owns 1,353 shares of the specialty chemicals company’s stock valued at $183,000 after purchasing an additional 177 shares in the last quarter. Finally, Old Mutual Global Investors UK Ltd. acquired a new stake in Internationa Flavors & Fragrances during the 2nd quarter valued at approximately $189,000. Institutional investors own 83.00% of the company’s stock.

Shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) traded down $0.75 during trading on Monday, reaching $152.29. The company’s stock had a trading volume of 50,352 shares, compared to its average volume of 456,194. The company has a quick ratio of 1.77, a current ratio of 2.66 and a debt-to-equity ratio of 0.92. The company has a market cap of $12,086.66, a P/E ratio of 26.80, a P/E/G ratio of 3.04 and a beta of 1.19. Internationa Flavors & Fragrances, Inc. has a 52-week low of $113.16 and a 52-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, beating the consensus estimate of $1.42 by $0.05. The firm had revenue of $872.90 million for the quarter, compared to the consensus estimate of $847.63 million. Internationa Flavors & Fragrances had a return on equity of 27.13% and a net margin of 12.57%. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.34 EPS. equities research analysts predict that Internationa Flavors & Fragrances, Inc. will post 5.79 earnings per share for the current year.

A number of brokerages have weighed in on IFF. Berenberg Bank restated a “buy” rating and set a $160.00 price objective on shares of Internationa Flavors & Fragrances in a research note on Friday, November 10th. Zacks Investment Research upgraded Internationa Flavors & Fragrances from a “sell” rating to a “buy” rating and set a $168.00 price objective for the company in a research note on Thursday, November 9th. UBS restated a “buy” rating and set a $166.00 price objective (up previously from $151.00) on shares of Internationa Flavors & Fragrances in a research note on Tuesday, November 7th. Finally, KeyCorp increased their target price 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 issued a hold rating and four have issued a buy rating to the company’s stock. Internationa Flavors & Fragrances currently has a consensus rating of “Hold” and a consensus target price of $143.70.

In related news, EVP Anne Chwat sold 3,000 shares of Internationa Flavors & Fragrances stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $149.61, for a total value 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Nicolas Mirzayantz sold 1,232 shares of Internationa Flavors & Fragrances stock in a transaction on Friday, September 15th. The stock was sold at an average price of $143.56, for a total value of $176,865.92. Following the completion of 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 currently owned by company 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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