CWM Advisors LLC Grows Holdings in International Flavors & Fragrances Inc (NYSE:IFF)

CWM Advisors LLC boosted its position in International Flavors & Fragrances Inc (NYSE:IFF) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,337 shares of the specialty chemicals company’s stock after buying an additional 135 shares during the quarter. CWM Advisors LLC’s holdings in International Flavors & Fragrances were worth $302,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IFF. Massey Quick Simon & CO. LLC acquired a new stake in shares of International Flavors & Fragrances during the third quarter valued at about $25,000. Penserra Capital Management LLC lifted its stake in shares of International Flavors & Fragrances by 96.4% in the third quarter. Penserra Capital Management LLC now owns 216 shares of the specialty chemicals company’s stock worth $26,000 after acquiring an additional 106 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in International Flavors & Fragrances by 2,422.2% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 227 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 218 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in International Flavors & Fragrances by 15.0% in the third quarter. Benjamin Edwards Inc. now owns 673 shares of the specialty chemicals company’s stock valued at $83,000 after purchasing an additional 88 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in International Flavors & Fragrances by 27.3% in the third quarter. CENTRAL TRUST Co now owns 700 shares of the specialty chemicals company’s stock valued at $86,000 after purchasing an additional 150 shares during the last quarter. 93.94% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on IFF shares. Citigroup downgraded International Flavors & Fragrances from a “buy” rating to a “neutral” rating in a report on Monday, December 16th. Wells Fargo & Co increased their target price on International Flavors & Fragrances from $125.00 to $135.00 and gave the company a “market perform” rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. raised their price target on shares of International Flavors & Fragrances from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. UBS Group decreased their price target on shares of International Flavors & Fragrances from $171.00 to $163.00 and set a “buy” rating for the company in a research report on Wednesday, October 2nd. Finally, Stifel Nicolaus dropped their price target on shares of International Flavors & Fragrances from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, December 16th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $143.00.

In other International Flavors & Fragrances news, insider Nicolas Mirzayantz sold 924 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $133.26, for a total value of $123,132.24. Following the transaction, the insider now owns 32,612 shares of the company’s stock, valued at $4,345,875.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Winder Investment Pte Ltd bought 94,057 shares of the business’s stock in a transaction on Thursday, December 26th. The stock was acquired at an average cost of $126.96 per share, for a total transaction of $11,941,476.72. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 2,827 shares of company stock valued at $366,598. 0.39% of the stock is currently owned by corporate insiders.

NYSE:IFF opened at $135.79 on Friday. The company has a quick ratio of 1.25, a current ratio of 2.05 and a debt-to-equity ratio of 0.66. The business’s 50 day moving average is $129.46 and its two-hundred day moving average is $127.52. International Flavors & Fragrances Inc has a 52 week low of $104.86 and a 52 week high of $152.95. The company has a market cap of $14.53 billion, a PE ratio of 40.17 and a beta of 0.85.

International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings results on Monday, November 4th. The specialty chemicals company reported $1.53 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.29 billion. International Flavors & Fragrances had a net margin of 7.59% and a return on equity of 10.39%. International Flavors & Fragrances’s revenue was up 39.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.64 earnings per share. As a group, sell-side analysts expect that International Flavors & Fragrances Inc will post 6.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Friday, December 27th were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.21%. The ex-dividend date was Thursday, December 26th. International Flavors & Fragrances’s dividend payout ratio (DPR) is presently 47.77%.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through three segments: Taste, Scent, and Frutarom. The Taste segment offers flavor compounds primarily 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 International Flavors & Fragrances (NYSE:IFF)

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