Williams Jones & Associates LLC held its position in Internationa Flavors & Fragrances, Inc. (NYSE:IFF) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,000 shares of the specialty chemicals company’s stock at the close of the second quarter. Williams Jones & Associates LLC owned approximately 0.07% of Internationa Flavors & Fragrances worth $7,560,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Suntrust Banks Inc. raised its holdings in shares of Internationa Flavors & Fragrances by 13.7% in the first quarter. Suntrust Banks Inc. now owns 1,963 shares of the specialty chemicals company’s stock worth $259,000 after buying an additional 237 shares during the period. UBS Asset Management Americas Inc. lifted its stake in shares of Internationa Flavors & Fragrances by 131.6% during the 1st quarter. UBS Asset Management Americas Inc. now owns 887,276 shares of the specialty chemicals company’s stock worth $117,591,000 after acquiring an additional 504,228 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Internationa Flavors & Fragrances by 13.7% during the 1st quarter. Ameriprise Financial Inc. now owns 56,401 shares of the specialty chemicals company’s stock worth $7,480,000 after acquiring an additional 6,814 shares during the last quarter. Mason Street Advisors LLC lifted its stake in shares of Internationa Flavors & Fragrances by 0.5% during the 1st quarter. Mason Street Advisors LLC now owns 10,922 shares of the specialty chemicals company’s stock worth $1,447,000 after acquiring an additional 57 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in shares of Internationa Flavors & Fragrances by 3.1% during the 1st quarter. Pacer Advisors Inc. now owns 1,466 shares of the specialty chemicals company’s stock worth $194,000 after acquiring an additional 44 shares during the last quarter. 82.18% of the stock is currently owned by hedge funds and other institutional investors.

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Several equities analysts have commented on IFF shares. Deutsche Bank AG reaffirmed a “hold” rating and issued a $139.00 price objective (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a research report on Thursday, August 10th. BidaskClub upgraded Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Barclays PLC reiterated a “sell” rating and set a $123.00 target price on shares of Internationa Flavors & Fragrances in a research report on Friday, August 11th. Stifel Nicolaus reiterated a “hold” rating and set a $136.00 target price on shares of Internationa Flavors & Fragrances in a research report on Friday, July 21st. Finally, Zacks Investment Research raised shares of Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Friday, July 14th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $134.35.

In other news, 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 transaction of $176,865.92. Following the sale, the insider now owns 43,809 shares of the company’s stock, valued at $6,289,220.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock in a transaction dated Thursday, July 6th. The shares were acquired at an average cost of $132.57 per share, for a total transaction of $2,651,400.00. Following the transaction, the insider now directly owns 9,270,793 shares of the company’s stock, valued at approximately $1,229,029,028.01. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 1,169,400 shares of company stock valued at $156,795,273 and have sold 6,998 shares valued at $962,952. Company insiders own 0.48% of the company’s stock.

Internationa Flavors & Fragrances, Inc. (IFF) traded up 0.42% during trading on Tuesday, hitting $145.08. The stock had a trading volume of 80,871 shares. The firm has a 50 day moving average of $140.06 and a 200-day moving average of $136.22. The company has a market cap of $11.46 billion, a P/E ratio of 29.27 and a beta of 1.11. Internationa Flavors & Fragrances, Inc. has a one year low of $113.16 and a one year high of $145.89.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.05. The firm had revenue of $842.86 million during the quarter, compared to the consensus estimate of $845.89 million. Internationa Flavors & Fragrances had a net margin of 12.31% and a return on equity of 26.83%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.47 EPS. Equities analysts anticipate that Internationa Flavors & Fragrances, Inc. will post $5.78 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 25th will be given a dividend of $0.69 per share. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. This represents a $2.76 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Friday, September 22nd. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 55.76%.

Internationa Flavors & Fragrances Company 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.

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

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