16,580 Shares in International Flavors & Fragrances Inc. (NYSE:IFF) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of International Flavors & Fragrances Inc. (NYSE:IFF) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 16,580 shares of the specialty chemicals company’s stock, valued at approximately $1,740,000.

Other large investors have also recently made changes to their positions in the company. Pictet North America Advisors SA grew its holdings in International Flavors & Fragrances by 3.1% in the 3rd quarter. Pictet North America Advisors SA now owns 3,275 shares of the specialty chemicals company’s stock valued at $344,000 after buying an additional 99 shares in the last quarter. Integrated Advisors Network LLC lifted its stake in shares of International Flavors & Fragrances by 1.9% in the 3rd quarter. Integrated Advisors Network LLC now owns 5,720 shares of the specialty chemicals company’s stock valued at $600,000 after purchasing an additional 107 shares during the last quarter. CWM LLC lifted its stake in shares of International Flavors & Fragrances by 1.7% in the 3rd quarter. CWM LLC now owns 6,540 shares of the specialty chemicals company’s stock valued at $686,000 after purchasing an additional 109 shares during the last quarter. Summit Trail Advisors LLC lifted its stake in International Flavors & Fragrances by 5.0% during the 2nd quarter. Summit Trail Advisors LLC now owns 2,471 shares of the specialty chemicals company’s stock worth $236,000 after acquiring an additional 117 shares in the last quarter. Finally, Orca Investment Management LLC lifted its stake in International Flavors & Fragrances by 0.6% during the 3rd quarter. Orca Investment Management LLC now owns 21,266 shares of the specialty chemicals company’s stock worth $2,231,000 after acquiring an additional 122 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on IFF shares. JPMorgan Chase & Co. decreased their target price on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Vertical Research raised International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 price target on the stock in a research report on Thursday, November 7th. Bank of America raised International Flavors & Fragrances from a “neutral” rating to a “buy” rating and set a $107.00 price target on the stock in a research report on Friday, November 8th. UBS Group increased their price target on International Flavors & Fragrances from $108.00 to $111.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Finally, Oppenheimer raised their price target on International Flavors & Fragrances from $116.00 to $117.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and an average target price of $109.27.

Insider Buying and Selling

In related news, insider Yuvraj Arora sold 5,000 shares of International Flavors & Fragrances stock in a transaction on Monday, November 11th. The stock was sold at an average price of $91.75, for a total transaction of $458,750.00. Following the completion of the transaction, the insider now directly owns 3,238 shares of the company’s stock, valued at approximately $297,086.50. The trade was a 60.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.20% of the stock is currently owned by insiders.

International Flavors & Fragrances Stock Up 1.1 %

IFF opened at $90.81 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.62 and a quick ratio of 1.93. The business has a 50 day simple moving average of $99.33 and a 200-day simple moving average of $98.34. The stock has a market capitalization of $23.22 billion, a P/E ratio of -9.99, a P/E/G ratio of 1.57 and a beta of 1.22. International Flavors & Fragrances Inc. has a 12 month low of $72.94 and a 12 month high of $106.77.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings results on Tuesday, November 5th. The specialty chemicals company reported $0.62 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.46). The business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.83 billion. International Flavors & Fragrances had a negative net margin of 20.33% and a positive return on equity of 7.16%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 earnings per share. On average, equities analysts anticipate that International Flavors & Fragrances Inc. will post 4.17 earnings per share for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 20th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, December 20th. This represents a $1.60 annualized dividend and a yield of 1.76%. International Flavors & Fragrances’s dividend payout ratio is presently -17.60%.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.