Universal Beteiligungs und Servicegesellschaft mbH Has $14.91 Million Stock Position in International Flavors & Fragrances Inc. $IFF

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 115.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 242,261 shares of the specialty chemicals company’s stock after buying an additional 129,722 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in International Flavors & Fragrances were worth $14,909,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of International Flavors & Fragrances by 5.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,315 shares of the specialty chemicals company’s stock valued at $2,042,000 after acquiring an additional 1,335 shares during the period. Jones Financial Companies Lllp raised its stake in International Flavors & Fragrances by 15.7% during the 1st quarter. Jones Financial Companies Lllp now owns 3,976 shares of the specialty chemicals company’s stock valued at $309,000 after purchasing an additional 539 shares during the period. Empowered Funds LLC lifted its holdings in shares of International Flavors & Fragrances by 71.5% in the first quarter. Empowered Funds LLC now owns 10,454 shares of the specialty chemicals company’s stock valued at $811,000 after purchasing an additional 4,358 shares in the last quarter. Focus Partners Wealth boosted its position in shares of International Flavors & Fragrances by 25.5% in the first quarter. Focus Partners Wealth now owns 7,527 shares of the specialty chemicals company’s stock worth $584,000 after buying an additional 1,530 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of International Flavors & Fragrances by 55.7% during the first quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 210 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

International Flavors & Fragrances Stock Performance

IFF stock opened at $73.25 on Friday. The company has a market capitalization of $18.76 billion, a price-to-earnings ratio of -45.22, a P/E/G ratio of 2.71 and a beta of 1.04. The firm has a 50 day moving average of $67.64 and a two-hundred day moving average of $66.85. The company has a quick ratio of 0.87, a current ratio of 1.44 and a debt-to-equity ratio of 0.33. International Flavors & Fragrances Inc. has a 12 month low of $59.14 and a 12 month high of $88.09.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings data on Tuesday, November 4th. The specialty chemicals company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.03. The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.65 billion. International Flavors & Fragrances had a negative net margin of 3.72% and a positive return on equity of 8.03%. International Flavors & Fragrances’s quarterly revenue was down 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 EPS. As a group, equities analysts anticipate that International Flavors & Fragrances Inc. will post 4.32 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, December 19th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, December 19th. International Flavors & Fragrances’s dividend payout ratio (DPR) is presently -98.77%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Citigroup raised their price objective on International Flavors & Fragrances from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday. Mizuho decreased their price target on shares of International Flavors & Fragrances from $85.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, October 3rd. Barclays upped their price objective on shares of International Flavors & Fragrances from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Wall Street Zen raised shares of International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Sunday, January 4th. Finally, Berenberg Bank dropped their price target on shares of International Flavors & Fragrances from $78.80 to $78.30 and set a “hold” rating on the stock in a research note on Monday, September 29th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $86.46.

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.