Rhumbline Advisers Has $40.47 Million Stock Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

Rhumbline Advisers reduced its stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 0.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 478,671 shares of the specialty chemicals company’s stock after selling 1,450 shares during the period. Rhumbline Advisers owned approximately 0.19% of International Flavors & Fragrances worth $40,472,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp lifted its position in International Flavors & Fragrances by 41.6% in the 4th quarter. Van ECK Associates Corp now owns 5,664,250 shares of the specialty chemicals company’s stock valued at $478,912,000 after acquiring an additional 1,663,629 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of International Flavors & Fragrances by 25.7% in the fourth quarter. Nordea Investment Management AB now owns 5,489,741 shares of the specialty chemicals company’s stock valued at $464,926,000 after purchasing an additional 1,121,414 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of International Flavors & Fragrances by 70.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 708,081 shares of the specialty chemicals company’s stock worth $74,299,000 after buying an additional 293,760 shares during the period. Smith Group Asset Management LLC bought a new position in shares of International Flavors & Fragrances during the third quarter worth about $22,399,000. Finally, State Street Corp raised its position in International Flavors & Fragrances by 1.9% in the 3rd quarter. State Street Corp now owns 10,467,517 shares of the specialty chemicals company’s stock valued at $1,102,363,000 after buying an additional 196,696 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

International Flavors & Fragrances Stock Performance

NYSE IFF opened at $85.60 on Tuesday. The stock has a market cap of $21.89 billion, a PE ratio of -9.42, a P/E/G ratio of 1.54 and a beta of 1.19. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.93 and a current ratio of 2.62. The firm has a 50-day moving average of $85.18 and a 200-day moving average of $93.80. International Flavors & Fragrances Inc. has a 52-week low of $72.94 and a 52-week high of $106.77.

Analyst Ratings Changes

Several equities analysts have recently weighed in on IFF shares. Stifel Nicolaus decreased their price target on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, February 3rd. Morgan Stanley raised shares of International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and decreased their target price for the company from $111.00 to $110.00 in a research report on Tuesday, November 12th. Barclays reduced their price objective on shares of International Flavors & Fragrances from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. JPMorgan Chase & Co. dropped their target price on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. Finally, UBS Group boosted their price target on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $107.77.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.